ETI invests £14m in Isentropic’s plan to demonstrate its PHES technology(13/06/2012)
The Energy Technologies Institute (ETI) has provided project funding and an equity investment, together totalling £14m, to build a full scale demonstrator of Isentropic's low cost Pumped Heat Electricity Storage (PHES) system. Isentropic will use the funds to develop and deploy a 1.5MW/6MWh electricity storage unit on a UK primary substation owned by Western Power Distribution in the Midlands region.