Connect with us

Hi, what are you looking for?


 
CleanTechnica

Energy Storage

Additional €8.3 Million For Northern Ireland Energy Storage Project

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

An energy storage project in Northern Ireland which will use compressed air has received an additional €8.3 million in funding from the EU. The site location is near the town of Larne on the Islandmagee peninsula, and the project developer is Gaelectric. (Larne is a port town with a population of about 32,000.)

1500_ft_High!_above_Larne_Town_-_geograph.org.uk_-_55258Based on this extra funding amount, one might not expect the storage capability to be that great, but reportedly it will be 330 MW of generation capacity for a duration of six to eight hours, which might be enough to provide electricity for about 200,000 homes. For the energy storage, compressed air will be placed in engineered caverns about 1.5 kilometers below ground level.

“Northern Ireland and Larne will be the vanguards for safe, flexible and technologically advanced energy storage. With CAES, Northern Ireland will once again consolidate its position as a leading international exponent of engineering innovation and excellence,” Gaelectric employee Keith McGrane explained.

This simple explainer video provides an effective, basic overview of the technology, but is not about this specific project.

At about 6:14 in this video, a Gaelectric employee talks about the Larne project in Northern Ireland. In it, he says the storage capacity is 8-11 hours, though the video is dated 2013, so that figure might be out of date.

In July of 2015, the project received €6.5m in EU funding for design and front end engineering. The latest EU funding round is for drilling, design, and commercial structure studies.

The project is intended to be used for renewables integration and large-scale storage for the local grid. Northern Ireland has about 642 MW of installed wind power capacity, according to the Irish Wind Energy Association.

The Larne project is one of nine which was received recommendations for financing under the Connecting Europe Facility, “CEF is engineered to address both groups of factors behind the investment gap in the energy sector. Financial instruments, by bringing in new classes of investors and mitigating certain risks, will help project promoters to access the necessary financing for their projects.”

Image Credit: Wilson AdamsCC BY-SA 2.0

 
Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.

EV Obsession Daily!


I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it!! So, we've decided to completely nix paywalls here at CleanTechnica. But...
 
Like other media companies, we need reader support! If you support us, please chip in a bit monthly to help our team write, edit, and publish 15 cleantech stories a day!
 
Thank you!

Tesla Sales in 2023, 2024, and 2030


Advertisement
 
CleanTechnica uses affiliate links. See our policy here.
Written By

Hello, I have been writing online for some time, and enjoy the outdoors. If you like, you can follow me on Twitter: https://twitter.com/JakeRsol

Comments

You May Also Like

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.