{"id":94376,"date":"2023-08-08T09:49:42","date_gmt":"2023-08-08T14:19:42","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/gravity-energy-storage-system\/"},"modified":"2024-02-19T21:49:04","modified_gmt":"2024-02-20T02:19:04","slug":"gravity-energy-storage-system","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/gravity-energy-storage-system\/","title":{"rendered":"World&#8217;s first gravity energy storage system commissioned by Energy Vault"},"content":{"rendered":"\n<p>Inspenet, 08 de agosto 2023.<\/p>\n\n<p>Energy Vault Holdings, Inc., a leader in sustainable solutions for large-scale energy storage, together with its partners Atlas Renewable and China Tianying (CNTY), announced on August 2 that it has begun the first stages of implementation of the  <strong>gravity energy storage system<\/strong> (GESS) EVx\u2122, the first of its kind in the world.<\/p>\n\n<p>The 25 MW\/100 MWh EVx GESS system is located on the outskirts of Shanghai in Rudong, Jiangsu Province, China, next to a <strong><a href=\"https:\/\/inspenet.com\/en\/news\/ocean-power-chinese-scientists-produce-green-hydrogen-from-seawater-at-an-offshore-wind-farm\/\" target=\"_blank\" data-type=\"post\" data-id=\"85702\" rel=\"noreferrer noopener\">wind farm<\/a><\/strong> and a national grid interconnection point. Its purpose is to improve and balance China&#8217;s renewable energy grid through energy storage and supply. In June, the commissioning of the power electronics and the new, highly efficient &#8220;belt&#8221; lifting systems began.<\/p>\n\n<p>The system is expected to be fully connected to the grid in the fourth quarter, as agreed with local state grid authorities, making the EVx the first commercial large-scale non-pumped, hydrogravity energy storage system for utilities Worldwide.<\/p>\n\n<h2 class=\"wp-block-heading\">World&#8217;s first gravity energy storage system<\/h2>\n\n<p>Based on the highly efficient results of the 5 MW EV1 tower that was interconnected to the grid in Switzerland in mid-2020 with round-trip efficiency (RTE) greater than 75%, the new EVx system, with improvements in the design of the efficiency chain, achieve a TEN greater than 80%. If achieved, the new gravity system will lead in energy storage efficiency compared to other forms of process mechanical, thermodynamic, compressed air, or flow cell systems.<\/p>\n\n<p>\u201cWe are happy to share our continued progress and a critical milestone we have reached with our partners Atlas Renewable and China Tianying regarding the start of commissioning activities for the world&#8217;s first EVx gravity energy storage system,\u201d he said. Robert Piconi, President and CEO of Energy Vault.<\/p>\n\n<p>For his part, Eric Fang, CEO of Atlas Renewable stated: \u201cThis milestone could not have been achieved without the unprecedented collaboration between the collective teams in the US and China. The world&#8217;s two largest economies have come together to meaningfully address climate change. The innovative and revolutionary technology of the Energy Vault is poised to play a critical role in supporting China&#8217;s clean energy transition and the 30-60 decarbonization policy.\u201d<\/p>\n\n<p>Last week, Jiangsu Nengying New Energy Technology Development Co., Ltd., a subsidiary of China Tianying, announced the signing of an agreement with the Huailai County People&#8217;s Government to build a new 100 MWh gravity energy storage project. in Cunrui City, Hebei Province, China.<\/p>\n\n<p>This project will provide green, stable, and green electricity to data centers in the region, highlighting the growing demand and value proposed by Energy Vault&#8217;s gravity energy storage technology. In addition, it highlights the effective execution of local construction and commercial development teams and the potential impact that Energy Vault&#8217;s gravity energy storage technology could have in reducing near-term <strong><a href=\"https:\/\/inspenet.com\/en\/articulo\/technologies-solutions-carbon-hydrogen\/\" target=\"_blank\" data-type=\"articulo\" data-id=\"40923\" rel=\"noreferrer noopener\">carbon emissions<\/a><\/strong> globally.<\/p>\n\n<p>Energy Vault will provide additional information about this expansion during the company&#8217;s second quarter 2023 financial results conference call, which is scheduled for today.<\/p>\n\n<p>Source and photo: <a href=\"https:\/\/www.lanacion.com.ar\/agencias\/energy-vault-anuncia-el-inicio-de-la-puesta-en-servicio-del-primer-sistema-de-almacenamiento-de-nid02082023\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.lanacion.com.ar\/agencias\/energy-vault-anuncia-el-inicio-de-la-puesta-en-servicio-del-primer-sistema-de-almacenamiento-de- nid02082023\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inspenet, 08 de agosto 2023.<br \/>\nEnergy Vault Holdings, Inc., a leader in sustainable solutions for large-scale energy storage, together with its partners Atlas Renewable and China Tianying, announced on August 2 that it has begun the first stages of implementation of the storage system. EVx\u2122 Gravity Energy Efficiency System (GESS), the first of its kind in the world.<\/p>\n","protected":false},"author":8403,"featured_media":94282,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13066,13030],"etiqueta_noticias":[],"class_list":["post-94376","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-electricity-generation","categoria_noticias-industry"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/94376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/8403"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=94376"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/94376\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/94282"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=94376"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=94376"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=94376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}