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CARES - Compressed Air Renewable Energy Storage

Project of Common Interest in Cheshire, UK

Enabling renewables to power the grid

with large scale, long duration storage

European Ten Year Network Development Plan

 

The European Network Transmission Service Operators - Electricity (ENTSO-E) organisation set up by the European Commission has included Storelectric's CAES project in Cheshire (1x40MW plant and 1x500MW plant in a single project) in their Ten Year Network Development Plan (TYNDP). This means that we are officially recognised as important infrastructure at a continental scale. We are applying for the next stage, which is full PCI approval.

 

Full PCI approval would, if and when granted, enable Storelectric to apply for funding from the €26bn Connecting Europe Facility, help gain access to other EU funding, and provide access to a single point of contact with a maximum 3.5-year period for all permits in any member state. Further projects could apply for PCI status in other Member States.

 

The two plants of the CARES project will be in separate companies / Special Purpose Vehicles (SPVs). The project promoter is Storelectric Ltd.

 

Projects of Common Interest are managed by the European Commission under TEN-E regulations.

 

CARES PCI Information Leaflet

 

Further details of the project can be found in this information leaflet:

 

CARES PCI

 

A 500+40MW adiabatic Compressed Air Renewable Energy Storage project in Cheshire, UK, providing large scale and long duration (5 hours) energy storage efficiently and without emissions

CONTACT US

mhowitt@storelectric.com

 

(+44) 7910 020 686

 

Project promoter: Storelectric Limited

 

Licensing the TES CAES technology from TES CAES Technology Limited

 

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