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Irish Compressed Air Energy Storage Project Receives European Funding

Irish Compressed Air Energy Storage Project Receives European Funding

Insights for Irish immigrants on life in Ireland: The European Union has agreed to provide 6.47 million euros (approximately 7 million U.S. dollars) in funding to Gaelectric's compressed air energy storage (CAES) project located in Northern Ireland.

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Irish Immigration insights on life in Ireland: The European Union has agreed to provide 6.47 million euros (approximately 7 million U.S. dollars) in funding to Gaelectric's compressed air energy storage (CAES) project located in Northern Ireland.
 

Ireland
 

The renewable energy company developed its energy infrastructure construction plan as early as 2013, and upon completion, it will become the only compressed air energy storage project in Europe.

Located in Larne, this compressed air energy storage project will provide 330 megawatts of electricity to transmission system operators, with a duration of up to 6 hours.

Investment involves risks, the above information is for reference only

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