{"id":1,"date":"2023-12-01T20:55:00","date_gmt":"2023-12-01T20:55:00","guid":{"rendered":"https:\/\/gravitystoragenews.com\/?p=1"},"modified":"2024-05-13T19:58:22","modified_gmt":"2024-05-13T19:58:22","slug":"hello-world","status":"publish","type":"post","link":"https:\/\/gravitystoragenews.com\/?p=1","title":{"rendered":"Gravitricity partners with ABB to build gravity energy storage systems in end-of-life mineshafts"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>Edinburgh-based startup Gravitricity will collaborate with Swedish-Swiss engineering giant ABB on its GraviStore gravity energy storage system, which it plans to install in decommissioned mines.<\/p>\n\n\n\n<p>The gravity battery system \u2013 which stores surplus renewable energy using weights that can be raised and lowered within vertical mineshafts \u2013 could form a vital missing link between photovoltaic or solar electricity generation and a reliable, consistent supply of clean power.<\/p>\n\n\n\n<p>\u201cAs the world generates more electricity from intermittent renewable energy sources, there is a growing need for technologies which can capture and store energy during periods of low demand and release it rapidly when required,\u201d said Martin Wright, Gravitricity\u2019s co-founder and executive chairman.<\/p>\n\n\n\n<p>\u201cOur GraviStore underground gravity energy storage uses the force of gravity to offer some of the best characteristics of lithium-ion batteries and pumped hydro storage \u2013 at low cost, and without the need for any rare earth metals.\u201d<\/p>\n\n\n\n<p>The GraviStore gravity energy storage system (GESS) raises and lowers heavy weights within a closed shaft, such as those found in former mining installations. Such facilities are expensive and difficult to decommission and represent a general headache for owners \u2013 GraviStore promises another fifty years of productive function beyond the mines\u2019 original projected lifetime.<\/p>\n\n\n\n<p>\u201cWe are already seeing significant interest from mine operators in Europe, India and Australia and this partnership with ABB \u2013 with decades of electrification and mine hoist system expertise \u2013 will help us accelerate our ambitious commercialization plans,\u201d says Martin. \u201cI am delighted we are working in tandem.\u201d<\/p>\n\n\n\n<p>ABB\u2019s century or so of experience in the mining sector and Gravitricity\u2019s understanding of control systems and grid compliance promise to \u201cacclerate the technology towards commercial adoption\u201d, according to a press release issued by the Zurich-based company. But the firm\u2019s industrial customers, many of whom will be wondering what to do with their coal mines, could soon offer crucial new sites for Gravitricity and the Gravistore product.<\/p>\n\n\n\n<p>\u201cWe are eager to progress with our collaboration and explore the possibilities as we become part of the next generation of renewable energy storage systems and make use of mine shafts that are no longer in service,\u201d said Charles Bennett, Global Service Manager, Business Line Hoisting, ABB Process Industries. \u201cABB has 130 years of history with mine hoists, since we first electrified one in Sweden in the 1890s, but this collaboration with Gravitricity shows how we can continue to diversify and adapt our technologies.\u201d<\/p>\n\n\n\n<p>ABB\u2019s customers are likely to be thinking the same thing.<\/p>\n\n\n\n<p>Welcome to WordPress. This is your first post. Edit or delete it, then start writing!<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Edinburgh-based startup Gravitricity will collaborate with Swedish-Swiss engineering giant ABB on its GraviStore gravity energy storage system, which it plans to install in decommissioned mines. The gravity battery system \u2013&#8230;<\/p>\n","protected":false},"author":1,"featured_media":10,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[5,7,6,8],"_links":{"self":[{"href":"https:\/\/gravitystoragenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1"}],"collection":[{"href":"https:\/\/gravitystoragenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gravitystoragenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gravitystoragenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gravitystoragenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1"}],"version-history":[{"count":3,"href":"https:\/\/gravitystoragenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1\/revisions"}],"predecessor-version":[{"id":19,"href":"https:\/\/gravitystoragenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1\/revisions\/19"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gravitystoragenews.com\/index.php?rest_route=\/wp\/v2\/media\/10"}],"wp:attachment":[{"href":"https:\/\/gravitystoragenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gravitystoragenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gravitystoragenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}