RheEnergise
Bringing innovation to pumped energy storage with High-Density Hydro®
Company Details
- Location
- London, United Kingdom
- Website
- https://www.rheenergise.com/
- sc@rheenergise.com
- Founded
- 2019
- Employees
- 11-25
- Funding
- USD $5M+
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About RheEnergise
The problem we're solving:
With renewable energy sources rarely aligning with the variable demand from consumers and industry, power grids become unstable, creating an urgent need for effective long-duration energy storage solutions. These solutions must not only be cost-effective but also massively scalable, a challenge that the current 170GW of long duration installed capacity falls short of addressing. The climate crisis dictates there is only 20 years to build approx. 2,000GW of long duration energy storage.Our solution:
RheEnergise’s High-Density Hydro® storage system is an innovative, low-cost, and globally scalable energy storage solution, designed to provide 2 to 16 hours of energy storage in the 10MW to 100MW power range. Rather than using water, RheEnergise has developed an environmentally benign fluid, which is 2½ times denser than water, and which can provide 2½ times the power and 2½ times the energy when compared to a conventional low-density hydro-power system.Our differentiator:
By replacing water with a High-Density Fluid in a closed-loop system, HD Hydro maintains comparable project economics compared to conventional water-based Pumped Hydro Storage while reducing the required vertical elevation for a project by a factor of up to 2.5x. High-Density Hydro can be developed on hills as low as 75m which unlocks an enormous number of potential sites. This allows developers to work on multiple smaller projects (10MW - 50MW) at once, achieving scale through multiple projectsOur biggest achievement:
RheEnergise was awarded an £8.25m, 100%-funded contract from UK Government, as part of the Longer Duration Energy Storage (LoDES) Demonstration Programme, to undertake the initial R&D and build its first-of-a-kind 500kW, TRL7 demonstrator of the system. The project is also being supported by Devon County Council, which has permitted the project, and the valuable co-operation and commitment to the project from Sibelco. Works are due to start imminently with commissioning scheduled for Q4 2024.Disclaimer:
Information for this page was sourced directly from the startups or found in publicly available databases. The data has been collected until the end of the programme's year (eg: A 2020 programme has data updated until December 2020) except for where explicitly said so. The data on co-founders is collected upon startup registration and is not further updated. Funds raised is comprised of direct investments (including crowdfunding), funds, and grants. Opinions, conclusions and views expressed in the startup page are solely personal to the author (startup), unless otherwise clearly stated.