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A novel Renewable Energy Storage System tailored for Offshore Applications

Project description

Solutions for offshore wind energy storage

As the world transitions to renewable energy, wind power is projected to supply 12 % of global energy by 2050, with offshore wind contributing 20 % of that total. However, the unpredictable nature of wind creates challenges for maintaining a stable electricity supply. This intermittent energy source requires robust storage solutions to match supply with demand. Addressing these issues is critical for maximising the potential of offshore wind. The EIC-funded FLASC HPES project presents an innovative solution tailored for offshore wind farms. Its unique energy storage system, combining pneumatic pre-charging with ocean-based heat sinking, offers a compact and cost-efficient alternative. By enhancing energy flexibility and profitability, FLASC HPES supports the REPowerEU goal of 60 GW offshore wind capacity by 2030.

Objective

By 2050, 12% of world primary energy supply will come from wind, of which 20% will come from offshore wind (source: DNVs Energy Transition Outlook). This poses a significant challenge to the electricity supply due to winds intermittent and unpredictable nature. Thus, energy storage is a decisive factor in exploiting the full potential of offshore wind power.

By providing a tailored technology for the offshore wind energy market, we are addressing two of the biggest challenges in the energy industry: 1) the temporal mismatch and 2) the spatial mismatch. FLASC HPES will enable the integration of large-scale energy storage into offshore renewables, catalysing the development of this nascent market.

FLASC addresses client-specific Pain Points, bridging the gap for offshore wind developers who are currently exposed to wind intermittency, demand fluctuations, grid congestion and market volatility. A FLASC energy storage system within the windfarm introduces flexibility to the energy supply, increasing profitability which will enable a scale-up in new offshore windfarm deployments.

FLASC HPES is a unique energy storage system tailored for offshore that combines two innovations: 1) pneumatic pre-charging, which avoids reliance on hydrostatic pressure; 2)using the ocean as a natural heat sink. The system can be installed in shallow water (~40-400m) and it is suitable for fixed-bottom and floating applications. FLASC is unique when compared to other offshore energy storage concepts because it is compact and less expensive, has a lower environmental impact, and can be co-located in shallower waters within the footprint of the windfarm.

With the REPowerEU Plan (the European Commissions plan to make Europe independent from Russian fossil fuels) aiming at 60GW of installed capacity of offshore wind energy by 2030, FLASC will play a key role in meeting the energy targets while reducing dependence on fossil fuels and gas imports.

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Keywords

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-EIC-2023-ACCELERATOR-01

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Coordinator

FLASC BV
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 2 499 991,38
Address
PAARDENMARKT 1
2611 PA Delft
Netherlands

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 3 571 416,25
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