The latest updates from Economical Energy…
24th October 2023
Turning abandoned mines into batteries
Energy storage technology developer Economical Energy has been selected to join the Shell-backed accelerator program Studio-X and has also welcomed a new investor on to its books.
Adelaide-based Economical Energy is developing its Vertically Integrated Potential Energy Reservoir (VIPER), which stores energy by hauling weight.….. Click the link for more.
23rd October 2023
Australian startup, its underground renewable energy tech, selected to join Shell-backed accelerator studio.
Economical Energy's potentially game-changing Viper underground renewable energy storage system has joined Studio X, a global energy and climate technology innovations accelerator program powered by Shell.
"The Studio X accelerator program is excited to have Economical Energy as part of the 2023 cohort," said Max Gray, director of the Studio X accelerator program.….. Click the link for more.
23rd October 2023
Economical Energy and its VIPER energy storage tech win Studio X recognition
Economical Energy announces that it has joined the third cohort of the Shell-powered Studio X Accelerator Program, a first-of-its-kind open global innovation company seeking to accelerate innovation in energy and climate tech.
ATP Fund, a venture capital partner of Studio X, has also invested in Economical Energy..….. Click the link for more.
19th October 2023
STUDIO X ANNOUNCES ITS NEWEST ACCELERATOR COHORT TO SUPPORT THE NEXT GENERATION OF ENERGY AND CLIMATE TECH INNOVATION STARTUPS
Studio X selected seven startups from across the globe to join their Energy and Climate Tech Innovation Accelerator Program to support the work of these startups and expedite the impact of their energy innovations
AUSTIN, Texas, Oct. 19, 2023 /PRNewswire/ -- Studio X today announces Cohort 3 of its Energy and Climate Tech Accelerator Program: AI Technology Systems, Austere Environmental, Economical Energy….. Click the link for more.
28th March 2023
What is VIPER technology, the idea of an Australian startup to store renewable energy
Finding ways to store renewable #energia as efficiently as possible is one of the most important challenges related to #TransizioneEnergetica. Traditional #accumulo systems and hydroelectric #pompaggio technology are being accompanied by increasingly innovative proposals that promise economic and environmental benefits. Among these, there is one that comes from the #Australia: it is the #VIPER technology (Vertically Integrated Potential Energy Reservoir), developed by the young engineers of Economical Energy.
9th March 2023
The Batteries You Are Familiar With Are Not The Ones Some Energy Providers Are Building
What is a kinetic battery? It is as one writer describes a battery produced by thinking outside the battery. #pumpedstorage #compressedairstorage #gravityenergystorage #geothermalenergy #kineticbattery
2nd March 2023
An innovative take on battery mining
Economical Energy intends to mine cavities to house renewable energy storage systems.
An Australian startup has come up with an idea for energy storage mining that does not involve the production of lithium, cobalt, nickel, or any of the battery minerals and metals that have captured headline news over the past couple of years….. Click the link for more.
12th January 2023
Turning abandoned mines into batteries
In their new #study just published in MDPI, IIASA #researchers Julian Hunt, Behnam Zakeri, and colleagues developed a novel way to 🔋🔋 store #energy by transporting sand into abandoned underground mines.