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CO2 based Utility-Scale Long Duration Energy Storagebroad

CO2 Battery · Horizon Europe grant · 2023-02-01–2025-03-31

EC contribution

€2,500,000

Total cost

€3,946,662

Beneficiaries

1
About the data

Source: CORDIS (official EU open data), Horizon Europe. Framework HORIZON · call HORIZON-EIC-2022-ACCELERATOR-01 · scheme HORIZON-EIC-ACC-BF · topic HORIZON-EIC-2022-ACCELERATORCHALLENGES-02. CORDIS record →

Objective

CO2 Battery is a Long Duration Energy Storage system based on a closed thermodynamic loop that uses CO2 as working fluid. Thanks to the properties of carbon dioxide, the system allows to store energy efficiently and cost effectively. CO2 Battery metrics are:- Round-trip efficiency (RTE) = 75% without degradation over time- CAPEX = 183 €/kWh (First-of-its-kind) able to drop to 103 €/kWh with a capacity of 50 plants per year- Lifetime = 30+ years- Modular and site independent- No rare material hard to supply or dismantle: it uses only steel, water and CO2.CO2 Battery makes the energy transition possible, since the technology can store massive amounts of intermittent renewable energies. Customers are Utilities & Independent Power Producers, Renewable Energy developers, Large C&Is and energy transport and distribution operators. All of them need efficient systems to store energy for periods longer than 4 hours.

Beneficiaries (1)

OrganisationCountryRoleEC contributionSME
ENERGY DOME SPA IT coordinator €2,500,000 Yes

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Defence Finance Monitor is an analytical and informational product. Grant data is official CORDIS; payment and subscription happen on DFM Analysis.