Business
Power-to-Gas Storage Study with Northern Gas
Power-to-Gas Storage Study with Northern Gas.
About this update from Itm Power Plc
[{"type":"text","content":"\n \nRNS Number : 9874V ITM Power PLC 09 November 2017 \n\n9 November 2017\n \nITM Power plc\n(\"ITM Power\" or the \"Company\")\n \nLarge Scale Power-to-Gas Energy Storage Deployment Study with Northern Gas Networks\n \nITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that it has secured funding from the Department for Business, Energy and Industrial Strategy (BEIS) as part of the Energy Storage Feasibility Study Competition launched in January 2017 to collaborate with Northern Gas Networks (NGN) to undertake a study examining the potential deployment of large-scale Power-to-Gas energy storage. \n \nThe feasibility study will focus on deployments capable of operating cost-effectively from 50MWh energy storage capacity upwards within the boundaries of the NGN gas distribution network. The study will provide detailed technical, economic and site-specific information about large-scale Power-to-Gas energy storage which will enable a decision on a potential large-scale energy storage demonstration project.\n \nPower-to-gas energy storage\nPower-to-gas energy storage is a scalable energy storage technology capable of absorbing power from the electricity grid at times when supply exceeds demand and when intermittent renewable generation causes network stability problems. In Power-to-Gas, electrical power is converted to chemical energy in the form of hydrogen which can be injected and stored in the gas network. The gas network has the capacity to store energy indefinitely and power-to-gas has the potential to store MW to GW for durations that can extend from hours to many months.\n \nGraham Cooley, CEO of ITM Power, said: \"We are delighted to be working closely with Northern Gas Networks on this study to deploy large scale Power-to-Gas energy storage on their network. The principle of the gas grid being used as a renewable energy store is a compelling idea for the gas industry. Northern Gas Networks are leaders in the use of hydrogen in the UK gas network for energy storage and for renewable heat.\"\n \nMark Horsley, CEO of Northern Gas Networks, added: \"The whole systems approach and Power-to-Gas technology are incredibly exciting prospects for the UK's future energy mix and we're delighted to be a partner in this pioneering project, part of which will ...