EIC Summit 25 Networking Platform

2–3 Apr 2025 | Brussels, Belgium

InvestmentUpdated on 1 April 2025

Long Duration Energy Storage (AquaVault)

Frits Bliek

CEO at Ocean Grazer

Groningen, Netherlands

About

The AquaVault is a deeptech solution at the brink of starting the construction of a First Of A Kind pilot that will demonstrate the economic feasibility of underground pumped hydro storage. Our solution can be deployed anywhere around the globe if it is either onshore, near-shore or offshore. The AquaVault will become the predominant LDES storage solution outside the mountains where PHS solution currently provide 95% of the global utility scale storage capacity.

Stage

  • Expansion
  • Speed and Development

Organisation

Ocean Grazer

Start-ups and SMEs

Groningen, Netherlands

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