Corre Energy is a leader in the development and operation of Long Duration Energy Storage (LDES) projects and products that will accelerate decarbonisation and enhance security and flexibility of energy systems. Our initial market focus is Europe, with anticipated expansion into other major markets.
Corre Energy was founded in 2018 and is headquartered in Groningen, in the Mediacentrale, where there is a fast-growing Dutch team. Corre Energy B.V. was listed on Euronext Growth Dublin in September 2021.
The transition to a completely CO2-free electricity network cannot take place without long-term energy storage. Solar and wind energy are clean and available, making them fast-growing forms of energy generation. The challenge, however, is that the sun doesn't always shine, and the wind doesn't always blow. This causes the supply of renewable energy to vary throughout the day.
To solve the problem of energy supply interruptions, the grid needs to couple renewable energy generation with large amounts of energy storage to store excess energy. This will ensure that we can use it at a later date, when the supply of renewable energy cannot meet the demand. Long duration energy storage is essential to enable the energy transition.
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