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Teraloop ESS

A highly scalable grid-scale energy storage system utilising 3rd generation flywheel technology for effective integration of renewable energy.

Total Cost €

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EC-Contrib. €

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Partnership

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 Teraloop ESS project word cloud

Explore the words cloud of the Teraloop ESS project. It provides you a very rough idea of what is the project "Teraloop ESS" about.

sme    environmental    configured    21    public    markets    motors    renewable    upfront    phase1    vision    minimal    innovatively    hydroelectric    commercialise    proven    instrument    stakeholders    batteries    phases    explore    ip    meet    run    created    networks    scalable    engineering    kinetic    magnetic    grid    grow    load    utilise    gw    sources    teraloop    phase3    technologies    levitation    communicate    pumped    demonstrator    feasibility    flywheel    enabler    complete    ineffective    projected    provides    environmentally    98    industry    storage    expand    global    deployment    demands    investors    footprint    recognises    grids    draws    strategic    companies       phase2    100mw    underutilisation    huge    ees    voltage    applicability    fundamental    impactful    industrial    geographically    accounts    limited    10mw    visual    market    mission    savings    solutions    disseminate    electrical    phs    2016    roadmap    brushless    2025    scalability    subcontractors    energy    delivered    suitable   

Project "Teraloop ESS" data sheet

The following table provides information about the project.

Coordinator
TERALOOP OY 

Organization address
address: MAARINTIE 6
city: ESPOO
postcode: 2150
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Finland [FI]
 Project website http://www.teraloop.org
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-05-01   to  2018-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    TERALOOP OY FI (ESPOO) coordinator 50˙000.00

Map

 Project objective

Electrical energy storage (EES) is a fundamental enabler to the deployment of renewable energy and provides cost-savings in other markets. The market is projected to grow from 1.1 GW in 2016 to 21.6 GW in 2025. Pumped hydroelectric storage (PHS) accounts for 98% of global energy storage, however they are geographically limited, environmentally impactful and require huge upfront costs. Other state-of-the-art solutions available in the market i.e. batteries for EES cannot scale-up to meet the demands on the electrical grids and networks. This results in an underutilisation or ineffective use of renewable energy sources. Teraloop has created a highly scalable, kinetic energy storage system, which draws upon proven technologies (flywheel energy storage, magnetic levitation and brushless motors.), innovatively configured for grid-scale storage with minimal visual and environmental footprint. The scalability of the product results in applicability from voltage support to load following. The development roadmap comprises three major phases: Phase1: Market & technical feasibility: Utilise SME instrument phase 1 funding to complete market analysis – define requirements and favourable market conditions. Find a demonstrator partner and explore engineering requirements. Phase2: An industrial demonstrator of 10MW Teraloop: Utilise SME instrument phase2 funding to find suitable stakeholders and subcontractors. Build, run and test Teraloop. Expand IP, communicate and disseminate phase 2 activities. Phase3: Commercialise 10MW Teraloop and develop 100MW Teraloop: Teraloop recognises their ambitious vision and mission will only be delivered through strategic partnerships with investors, technology companies, the energy storage industry and the public sector.

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The information about "TERALOOP ESS" are provided by the European Opendata Portal: CORDIS opendata.

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