A demonstrator project aiming to transform old mine shafts into energy storage systems is set to be up and running in December, after the company behind the innovation agreed to a land rental agreement at a site in Edinburgh.
Gravitricity’s concept has secured £650,000 in government funding from Innovate UK
Edinburgh-based Gravitricity’s energy battery system works by utilising and raising a range of weights totalling up to 12,000 tonnes that are suspended in deep mine shafts. Electrical power can be absorbed or generated by raising or lowering the weight.
The company had signed a land rental agreement with Forth Ports to build their first £1m demonstrator project on land within the Port of Leith in Edinburgh. Work on the industrial site will commence