Gravitricity awarded grant for 4MWh storage solution

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Gravitricity has been awarded a £912,000 government grant to develop plans for a multi-weight energy storage system to be built on a brownfield site in the UK.

gravitricity
(Image: Gravitricity)

The Edinburgh-based energy storage specialists will work with Industrial Systems and Control (ISC), winch specialists Huisman and Careys Civil Engineering to deliver the front-end engineering design (FEED) for a 4MWh, multi-weight system using a custom-built shaft.

The FEED study is being supported by the BEIS (Department of Business Energy & Industrial Strategy) Longer Duration Energy Storage Competition, a competitive funding scheme to accelerate the commercialisation of energy storage projects. Gravitricity secured a grant of £912,410 towards the £1,520,684 project cost.

“Driving forward energy storage technologies will be vital in our transition towards cheap, clean and secure renewable energy,” said energy and climate change minister Greg Hands. “It will allow us to extract the full benefit from our home-grown renewable energy sources, drive down costs and end our reliance on volatile and expensive fossil fuels. Through this competition we are making sure the country’s most innovative scientists and thinkers have our backing to make this ambition a reality.”

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