EIC Summit 25 Networking Platform

2–3 Apr 2025 | Brussels, Belgium

Frits Bliek

CEO

Ocean Grazer

Groningen, Netherlands

19 profile visitsEIC Beneficiary

I am dedicated to ensure that we meet our zero carbon goal by 2050 and to that extend we develop Long Duration Energy Storage solutions

My organisation

Ocean Grazer

Ocean Grazer

Start-ups and SMEs

Groningen, Netherlands

Our latest flagship solution the AquaVault provides Long Duration Energy Storage (LDES) based on mature undergound pumped hydro storage technology. The solution is efficient, durable and invisible in the landscape. Unlike battery system perfect for power applications the AquaVault can support buld shifting, high frequency dispatching, Day Ahead Trading, Intraday Trading, Congestion Management, blackstart power and many other grid services
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About me

Profitable production of variable power production goes hand in hand with the ability to temporarily store power. As all renewable power sources will peak at the same time there are already frequent moments of oversupply in the market where power prices go negative across the entire Europe. If you don't want to sell at negative energy prices you can either curtail your generation asset or call us and store your energy temporarily in an AquaVault and sell it when the prices are up again.

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