A compressed-air energy storage project in Larne, Northern Ireland, has been awarded additional €8.3m of funding from the European Union (EU), following a €6.5m injection in 2015. The project, which will be built by Irish firm AES Energy and funded with an EU grant, is expected to provide up to 1,000 megawatts (MW) of electricity for the island over its first 10 years. The Larne project was one of nine that received recommendations for funding under the Connecting Europe Facility.
A compressed-air energy storage project in Larne, Northern Ireland, has been awarded additional €8.3m of funding from the European Union (EU), following a €6.5m injection in 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 nine that received recommendations for funding under the Connecting Europe Facility.