AREVA and Schneider to Cooperate on Energy Storage Research
AREVA and Schneider Electric have signed an R&D agreement to develop a new energy storage solution, called the flow battery in order to produce and store electricity by combining hydrobromic acid and hydrogen. Funded by the European Union, the project aims to optimize the existing 50 kW flow battery prototype designed by EnStorage to a 150 kW demonstration module. Under the cooperation agreement, both companies will test the flow battery technology under real conditions. The aim is to deliver a competitive and highly efficient solution for the integration of renewable energies. AREVA will lead the project, manufacturing, integrating and installing the storage solution while Schneider Electric will design, manufacture and install the complementary power conversion system.
Louis-FranÃ§ois Durret, AREVA Renewables CEO, said: â€œThe 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.â€
According to FrÃ©dÃ©ric Abbal, EVP of Schneider Electricâ€™s Energy Business â€œThis 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.â€
In February 2014, AREVA and Schneider Electric signed a strategic partnership agreement to market energy management and storage solutions based on hydrogen production and fuel cell technology with AREVAâ€™s Greenergy Boxâ„¢.