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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.

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

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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