France : AREVA and SCHNEIDER ELECTRIC to set up new energy storage solution.
A research and development (R&D) agreement has been signed by Areva and Schneider Electric to set up a new energy storage solution for the integration of renewable energies.
The new flow battery energy storage solution will produce and store electricity by combining hydrobromic acid and hydrogen.
The European Union funded the project that aims to optimize the current 50kW flow battery prototype designed by EnStorage to a 150kW demonstration module. Under the agreement, Areva and Schneider will be responsible for testing the flow battery technology under real conditions.
Areva will be responsible for leading the project, manufacturing, integrating and installing the storage solution. While, Schneider Electric will design, manufacture and install the complementary power conversion system.
Areva Renewables CEO Louis-Francois Durret commented "The energy storage market is fast-moving and highly competitive. In order to meet the energy needs of tomorrow AREVA is diversifying its technology portfolio with the flow battery technology and broadening its cooperation agreement with its partner, Schneider Electric."
Schneider Electric energy business EVP Frederic Abbal stated "This latest agreement with AREVA reinforces our commitment to develop safe, reliable, efficient, productive and green energy management solutions. This storage technology will provide the flexibility and stability needed to facilitate renewable integration."
In February 2014, Areva and Schneider have entered into an agreement to market energy management and storage solutions based on hydrogen production and fuel cell technology with Areva's Greenergy Box.
2014 Al Bawaba (Albawaba.com) Provided by SyndiGate Media Inc. ( Syndigate.info ).
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|Date:||Oct 7, 2014|
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