Storing energy mechanically on an industrial scale in pure high-pressure nitrogen and reusing it efficiently when needed is the declared goal of start up Hypnetic.
With the support of partners, including global technology group Parker Hannifin, and their established components, the first decentralised and industrially usable compressed air storage systems in Europe will be built from May, first in Lower Saxony and later in Saxony-Anhalt.
The company aims to expand all-round sustainable energy storage capacities for the energy transition towards solar and wind power, according to a statement coinciding with the Hannover Messe trade fair 2024, running until April 26.
Managing Director Alexander Börgel said, “Wherever industrial, cycle-intensive application combinations make sense, it will be impossible to avoid looking at the Hypnetic energy storage system instead of, or in combination with, a battery.”
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