The European Commission has declared its ambition of making the European Union the world leader in renewable energy and hydrogen. In addition, the European Commission’s ‘Green Deal’ outlines the EU’s ambition for Europe to become the first Carbon-neutral continent by 2050. While this level of ambition is needed, it poses additional challenges. Since renewables share one obvious problem - they are intermittent, and supply is unpredictable. As the DG Energy puts it: ‘Energy storage is essential to balance supply and demand. In a low-carbon system, intermittent renewable energy sources (RES) make it more difficult to vary output, and rises in demand do not necessarily correspond to rises in RES generation.’ The EC’s paper on storage concludes, ‘In a future low-carbon energy system, storage will be needed at all points of the electricity system.’
The hydrogen-based Solenco Powerbox provides the solution for energy storage of renewables at residential scale, for hours or entire seasons, with a 95% overall conversion efficiency for both electric and heat output.
The Powerbox project’s aim is to accelerate the go to market of the Solenco Powerbox by installing a suitable assembly line (enabling 1000pcs production per year) and at the same time proving the concept in the market through pilot installations where certification is an important aspect as well.
Distribution channels and commercial partners will be selected, and a joint communication activity will be organized to increase visibility and credibility of the Powerbox.