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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.

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

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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