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Aqueous Power Batteries to enable the Future Energy System

Project description

A battery built for a renewable Europe

A new class of high-power-density, durable aqueous batteries is being produced without critical raw materials or toxic solvents. It is also manufactured using low-cost methods with an ultra-low carbon footprint. Made from abundant, off-the-shelf materials such as inorganic salts and carbon powders, the batteries strengthen a resilient EU-based supply chain. Their design enables safe and simple recycling, supporting sustainability and the circular economy. Designed for fast energy storage, they buffer power to complement long-term storage, including Power-to-X technologies. By balancing supply and demand mismatches within seconds to minutes, they enhance grid flexibility and support a transition to a fully renewable energy economy.

Objective

We are introducing to the market a new class of aqueous high-power-density, highly durable batteries produced without using any critical raw materials or toxic solvents, using low-cost manufacturing methods with ultra-low carbon footprint. Our breakthrough batteries are built using abundant, off-the-shelf raw materials bearing no geopolitical risks, such as common inorganic salts and carbon powders. This enables a resilient EU-based supply chain. The unique engineering design we employ in making battery cells allows for safe and technologically simple recycling, which further contributes to their sustainable life cycle, supporting the circular economy. The application area of our battery technology is the so-called fast energy storage (buffering of power) that is needed to facilitate effective integration of the long-term energy storage, incl. Power-2-X technologies. Fast energy storage solves the problem of energy grid flexibility to enable transition to the 100% renewables-based economy as it addresses the problem of intermittency of energy supply by fast leveling of temporal mismatches between generation and demand at sub-second-to-minutes intervals.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
This project's classification has been human-validated.

Programme(s)

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

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 - HORIZON EIC Accelerator

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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-2024-ACCELERATOR-02

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Coordinator

GEYSER BATTERIES OY
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.

€ 2 437 812,00
Address
INSINOORINKATU 5
50150 Mikkeli
Finland

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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.

No data
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