A consortium of eight companies – DAM Group, Engie, Sorigué, Hidroquimia, Tyris AI, H2B2, Aiguasol and Exolum – have launched a joint project called Regenera to develop efficient storage systems for surplus renewable energy.
They plan to use excess energy to produce green fuels, hydrogen, methane, and hythane, which is a blend of hydrogen and methane, for use in generating green heat and power, as chemical feedstocks, or to fuel personal and public transport. Energy generation from renewable sources is expected to increase from 25% to 86% by 2050. However, as these sources are intermittent, i.e. when the sun is shining or the wind is blowing, techniques to store the excess energy are required.
The official mission of the Regenera project is ‘Research into hybrid storage technologies and predictive models to transform industries into decentralised hubs of renewable energy management.’ The project will be funded by the recovery plan for Europe, NextGenerationEU, and forms part of the State RDI Programme Science and Innovation Missions, of the Centre for the Development of Industrial Technology (CDTI).
(Source: Tank Storage Magazine)