Dutch startup Ore Energy secures Europe's largest iron-air battery deal for 100-hour energy storage
Dutch startup Ore Energy has secured the largest iron-air battery deal in continental Europe, agreeing to deploy 1 GWh of iron-air energy storage with energy supplier Budget Thuis. The first committed phase is 400 MWh, planned for delivery in 2028. This marks the first iron-air storage agreement with a European energy supplier. Iron-air batteries can store wind power for up to 100 hours (about four days), offering a long-duration alternative to gas plants for grid reliability.
Key quotes
Long-duration energy storage startup Ore Energy has landed what it says is the largest iron-air battery deal in continental Europe so far.
The Netherlands-based company announced an agreement with Dutch energy supplier Budget Thuis to deploy 1 gigawatt-hour (GWh) of iron-air energy storage.
The deal starts with a committed 400-megawatt-hour (MWh) first phase that Ore Energy plans to deliver in 2028.
The project is notable not only for its size but also because it's the first iron-air storage agreement with a European energy supplier.
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