Skip to main content
Go to the home page of the European Commission (opens in new window)
English English
CORDIS - EU research results
CORDIS

Revolutionizing Stationary Energy Storage Cost: Go To Market Plan For Zinc-Ion Rechargeable Batteries

Project description

Zinc-ion batteries offer cheap energy storage for renewables

Grid-connected battery storage systems are now part of the mainstream power supply. The stationary energy storage market is forecast to reach EUR 26 billion by 2022. Energy storage systems are increasingly important for storing renewable electricity from intermittent sources for better grid balancing. With EU funding of the ENERZ project, Sweden-based Enerpoly company introduces breakthrough zinc-ion battery technology – a lower-cost, more efficient, and durable alternative to lead-acid and lithium-ion batteries commonly used in energy storage technologies. The new technology will allow battery manufacturers to reduce costs by more than 80 % compared to other batteries of the same capacity. This new battery technology can also be used in datacentres’ or residential storage systems.

Objective

The current global market for Stationary Energy Storage will reach roughly $ 26 billion by 2022, at a compound annual growth rate (CAGR) of 46.5 %, mostly fuelled by the rapid growth of Renewable Energy Sources (RES). Due to their intrinsic intermittence, RES are dependent on large-scale energy storage technologies to definitely to reach higher levels of cost-efficiency. However, significant challenges remain when it comes to reaching the low-cost levels at which storage technologies combined with RES become competitive with the traditional electrical grid, while also remaining environmentally friendly. Enerpoly’s Zinc-Ion battery cell technology represents a breakthrough in stationary storage, by offering a simple, environmentally friendly, efficient, durable and low-cost alternative to Lead-Acid and Lithium-Ion batteries, today’s most used storage technologies. Besides storing renewable energy, Enerpoly’s technology can be used in many Uninterrupted Power Supply (UPS) applications at grid, industrial, commercial and even residential levels such as peak saving, datacentres, telco equipment, commercial and residential storage. ENERZ, Enerpoly’s main product, will allow battery manufacturers to reduce their current costs in more than 80% for the same kWh storage capacity when compared to Lead-Acid and Lithium-Ion batteries, with a longer cycle life and better safety. Thanks to this project, we expect to validate our prototype and consequently deploy our first pilot production line. We aim to reach €11,2 million turnover in 2025, four years after market entry, generating 25 positions in Sweden and helping positioning Europe at the forefront of energy storage technology.

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.

You need to log in or register to use this function

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

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.

SME-1 - SME instrument phase 1

See all projects funded under this funding scheme

Call for proposal

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

(opens in new window) H2020-EIC-SMEInst-2018-2020

See all projects funded under this call

Coordinator

ENERPOLY AB
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.

€ 50 000,00
Address
TALLBACKSGATAN 11A
195 72 ROSERSBERG
Sweden

See on map

SME

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

Yes
Region
Östra Sverige Stockholm Stockholms län
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
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.

€ 71 429,00
My booklet 0 0