Viridor wins funding to develop energy storage
Date: Mon, 17 Feb 2014 | Author: Paul Sanderson
A partnership between Viridor and Highview Power Storage has been awarded £8 million to develop an energy storage demonstration project.
The funding has come from DECC from its innovation competition to support energy storage technology research and development.
Viridor will work with liquid air energy storage systems designer and developer Highview Power Storage to build and operate the 5MW/15MWh energy storage demonstration project at Viridor’s landfill site in Canterbury, Kent.
Energy and Climate Change Minister Greg Barker said: “Storing energy will become increasingly important in the move towards a low carbon economy, and has the potential to save the energy system over £4 billion by 2050.
“Energy storage systems are potentially revolutionary technologies – just imagine how much the energy system will change if we’re able to manage supply and demand better by storing cost-effectively, not to mention the benefits of British research and manufacturing industries.”
Viridor landfill energy director Ian Morrish said: “We are pleased to have secured funding for this important project. With ever growing pressure on natural resources, it is essential that we develop innovative and sustainable methods to generate and store energy, not only to cut down our carbon footprint, but to ensure long-term energy security.
“Innovation has been at the heart of successful businesses in Britain and it is great news that the government recognises and supports its development.”