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Unlocking the full potential of renewable energy with the Ocean Battery

The Ocean Battery project aims to validate a sustainable energy storage solution for offshore wind power, addressing supply-demand challenges and enabling a scalable transition to renewable energy.

Subsidie
€ 2.499.999
2023

Projectdetails

Introduction

The Ocean Battery is a CES Best-of-Innovation Award winning breakthrough solution based on proprietary Key Enabling Technology to solve the huge challenge of balancing supply and demand for the global offshore e-Power industry due to intermittent production of wind power.

Technology Overview

Our patented and sustainably produced Ocean Battery system substantially lowers the CAPEX for the massively expensive offshore power grid, generating a very high ROI for the unique Ocean Battery.

Market Challenge

Soon, weather conditions dictate the timing of renewable energy production, causing large fluctuations. Oversupply, resulting in negative energy prices and even blackouts, creates a market in excess of 200 billion for energy storage.

Project Demonstration

This project demonstrates the Ocean Battery in a lake: a full-scale operational system to show and validate the operation, installation, and maintenance processes.

Future Prospects

After that, the solution is ready to scale offshore and support the energy transition by providing GWh-scale eco-friendly energy storage.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 2.499.999
Totale projectbegroting€ 4.434.373

Tijdlijn

Startdatum1-7-2023
Einddatum30-6-2025
Subsidiejaar2023

Partners & Locaties

Projectpartners

  • OCEAN GRAZER BVpenvoerder
  • CREATIVE ENERGY HOLDING BV
  • OCEAN BATTERY PRODUCTION B.V

Land(en)

Netherlands

Inhoudsopgave

EIC Accelerator

EU-subsidieprogramma voor mkb en start-ups met grants tot €2,5 mln en equity-investeringen tot €15 mln voor baanbrekende innovaties.

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