Scottish company Gravitricity wants to give a second life to one of Europe’s deepest mines, located in Pyhäjärvi, Finland. The company’s idea is to convert this mine into an underground energy warehouse.
To achieve this storage they use gravity, a method with which excess energy can be retained and stored, and able to be used when needed, which is an important factor in sustainability. Is step.
The company has published on the social network X what a great moment they are experiencing together with the sister company ABB. “We’re very excited to announce a major new collaboration between @gravitricity and @ABBgroupnews.”
Gravitricity also explained their agreement: “Together we will explore how gravity energy storage can extend the life of mining shafts while contributing to a green energy transition.”
According to Euronews, the Scottish firm has achieved “some of the best characteristics of lithium-ion batteries and pumped hydroelectric storage” through a system of pulleys with which weights are raised and lowered.
Martin Wright, CEO of Gravitricity, said: “This project will demonstrate at real scale how our technology can provide reliable and long-lasting energy storage, capturing and storing energy during times of low demand and releasing it instantly when needed. Is able to issue.”
He said, “This full-scale project will provide an opportunity for other commercial projects and allow our solution to be integrated into mine decommissioning activities, providing future prospects for mines that are nearing the end of their original useful life. Getting closer.”
Additionally, “low-carbon jobs” will be created in areas that have been professionally impacted by the closure of mining operations.