ABB and Gravitricity to develop energy storage using former mine shafts

Stuart Stone
clock • 2 min read
Credit: ABB
Image:

Credit: ABB

Tech innovators ink memorandum of understanding to collaborate on gravity-based energy storage systems using end-of-life mine shafts

ABB has signed a memorandum of understanding with UK-based clean tech developer Gravitricity to explore how hoist technologies deployed in end of life mine shafts could enable the development of gravity-based...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Stuart Stone
Author spotlight

Stuart Stone

View profile
More from Stuart Stone

How ClimateAi is using artificial intelligence to become the 'source of truth' for weather impacts

Study: Battery EVs the 'most reliable' climate mitigation option for passenger cars

More on Infrastructure

AI is power-hungry - that's exactly why it could accelerate the clean energy transition
Infrastructure

AI is power-hungry - that's exactly why it could accelerate the clean energy transition

AI's energy demand could become the pressure point that finally forces action - unlocking the investment, infrastructure and reforms the clean energy transition has needed for years, writes Devorah West from the Tony Blair Institute for Global Change...

Devorah West, Tony Blair Institute for Global Change
clock 23 June 2025 • 4 min read
Why the 'industrial sunbelt' is tipped to overtake world's biggest economies in the clean industrial revolution
Infrastructure

Why the 'industrial sunbelt' is tipped to overtake world's biggest economies in the clean industrial revolution

Countries such as India, Egypt, and Brazil are home to more than half the world’s $1.6tr 'clean industrial pipeline', spanning sectors from aluminium and chemicals to aviation and steel

Stuart Stone
Stuart Stone
clock 19 June 2025 • 5 min read
Reports: UK's largest bioethanol plant owner claims UK-US trade deal could force closure
Infrastructure

Reports: UK's largest bioethanol plant owner claims UK-US trade deal could force closure

Vivergo Fuels-owner warns it will stop buying feedstock for bioethanol production if requests for government support go unanswered, reports claim

Stuart Stone
Stuart Stone
clock 16 June 2025 • 5 min read