Please rotate your screen
Energy storage tank at Vopak

Peak partners

Bloomberg reports on how the world’s leading independent gas and oil storage company Royal Vopak signs a Joint Development Agreement with Elestor to develop and scale large-scale hydrogen bromine flow batteries.

The joint ambition is to scale up the electricity storage capacity of these flow batteries from 200 kWh to 3,000 kWh before developing it to industrial scale. “This development is part of Vopak’s New Energy strategy,” says Patrick van de Voort, Division President Europe & Africa at Vopak. “Developing large-scale and low-cost electricity storage will become increasingly important and with this promising technology electricity can be stored in molecules on a large scale. We are looking forward to jointly developing these flow batteries.”

Recent news

ens.jpg

Enabling Affordable Decarbonization

Decarbonisation is urgently needed to prevent humanity from exceeding tipping points in the climate system[1]. The graph below [2] shows the worldwide primary energy consumption [in Exajoules] from 1995 to 2020. The financial crisis (2009) and the COVID pandemic (2020) both caused a temporary reduction, but in overall there is a clear upward trend in the worldwide need for energy.

Read more
Equinor Ventures-led consortium invests €30 million in electricity storage company Elestor.jpg

Equinor Ventures-led consortium invests €30 million in electricity storage company Elestor

Equinor Ventures-led consortium invests €30 million in electricity storage company Elestor

Read more
bg-example-06.webp

Backed by titans

Equinor Ventures leads a consortium of new and old investors with a €30 million investment

Read more
Cookies

We use cookies to improve your browsing experience on our website, to analyze our website traffic, and to understand where our visitors are coming from.