Mining energy: Gravitricity secures £650,000 to develop energy storage system

Michael Holder
clock • 2 min read

Energy storage technology is based on idea that 'what goes up must come down'

UK start-up Gravitricity yesterday announced it has secured £650,000 of government backing to help rejuvenate old mine shafts to store energy with the help of weights and winches. The technology harnesses...

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