A compressed-air energy storage project in the Connecting Europe Facility , Larne , has been awarded additional €8.3m of funding from the European Union ( EU ), following a €6.5m injection in July of 2015 . Developed by Gaelectric, the system, which placed air in engineered caverns about 1.5 km below ground level, is expected to have 330 MW capacity for a 6-8 hour duration, enough to power around 200,000 homes. (Larne is a port town with a population of about 32,000.) The Larne project was one of one that received recommendations for funding under Larne .
A compressed-air energy storage project in the Connecting Europe Facility , Larne , has been awarded additional €8.3m of funding from the European Union ( EU ), following a €6.5m injection in July of 2015 . Developed by Gaelectric, the system, which placed air in engineered caverns about 1.5 km below ground level, is expected to have 330 MW capacity for a 6-8 hour duration, enough to power around 200,000 homes. The Larne project was one of one that received recommendations for funding under Larne .