Sucessful spin-out company, Cheesecake Energy, secures win at the 2024 Green Awards in London
Posted on 17 October 2024
Thermal stores Jubilee campus
What is Cheesecake?
Cheesecake Energy, founded in 2016, is a University of Nottingham spin-out company. Cheesecake Energy is developing the world’s greenest energy storage technology, lowering the cost of medium to long-duration energy storage, and turning renewable energy sources like wind and solar into reliable, on-demand power.
What is an eTanker?
Cheesecake Energy’s eTanker energy storage system is a stationary, medium to long-duration energy storage solution which delivers cheap, reliable, efficient energy storage in a modular, containerised package.
The technology stores energy in the form of heat and pressurised air, re-tasking ex-service truck engines to become zero-emission electrical power-conversion machines for putting energy into storage and recovering it from storage. The resulting system does not use diesel or any fuel. It is safe, straightforward to operate, has a lifetime of up to 25 years and can deliver turnaround efficiencies of around 65%.
What makes it better than other energy storage options?
Lithium-ion currently dominates the market for new medium-scale projects. Whilst it is well suited to mobile applications and for delivering short bursts of power to the grid, for stationary applications that need to deliver power for many hours at a time, it is a costly and environmentally damaging solution.
CEL’s eTanker system can supply full power for up to 20 hours at a fraction of the cost over 25 years versus lithium-ion’s 5-10 year lifetime. And unlike lithium-ion, eTanker can be fully recycled, with the lowest lifetime environmental footprint.
Founders, Seamus Garvey and Mike Simpson on the recent award;
‘We’re delighted to have been recognised for our sustainable compressed air energy storage technology, which is ideal for time-shifting solar power, for overcoming grid constraints, and for commercial and industrial customers looking to use more onsite renewables and reduce energy costs. We are currently running tests on our prototype system here in Nottingham and are already hard at work to deliver a set of pilot systems to a UK customer next year.’
Contact Energy Institute member, Professor Seamus Garvey
Get in touch with Cheesecake Energy.