McPhy Energy and Partners Launch 39 Megawatt-Hour Grid Energy Storage Project in Europe.

McPhy Energy, a leading developer and manufacturer of solid state hydrogen storage, has announced that the Company as part of a consortium of 7 partners has successfully kicked off the INGRID project, a major R&D and demonstration project with an overall budget of 23.9M Euros. The project will be granted with a financial contribution of 13.8M Euro by the European Commission within the Seventh Framework Programme for European

Research and Innovation and will take four years to complete.

The core innovation of the INGRID project will consist of combining solid-state high-density hydrogen storage systems and electrolysis with advanced ICT technologies for smart distribution grids monitoring and control in a scenario of high penetration of renewable energy sources in order to balance power supply and demand.

The consortium will design, build, deploy and operate a 39 MWh energy storage facility using McPhy hydrogen-based solid state storage and Hydrogenics electrolysis technology and fuel cell power systems in the Puglia region in Italy, where over 3.500 MW of solar, wind, and biomass are already installed. The hydrogen energy storage installation, with more than 1 ton of safely stored hydrogen (the largest ever built), including a novel fast responding 1.2 MW hydrogen generator, will provide effective and smart balancing support for the local grid managed by Enel Distribuzione. Several potential value streams for the generated carbon-neutral hydrogen will be investigated.

All consortium partners are delighted to be part of this important energy storage project which further substantiates the enabling position of hydrogen technologies for renewable energy integration. The importance that the EU places on hydrogen technologies, that hold the key to solving utility-scale energy storage issues of today and tomorrow, is gratifying for the companies involved. The technologies at the core of INGRID Project are well placed and proven to enable greater renewable power generation around the globe.

McPhy Energy was created in 2008, with the mission to industrialize and commercialize an innovative solid hydrogen storage technology using magnesium hydrides. (7/23/2012)

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McPhy's Solid Hydrogen Energy Storage Solution Chosen for UK Green Home Project.

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