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Scottish startup to turn Finnish mine into giant gravity battery

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Scottish startup to turn Finnish mine into giant gravity battery

Image credit: Photodisc via Getty Images. Article by Siôn Geschwindt. The Next Web – February 5, 2024.

Edinburgh-based startup Gravitricity is set to turn one of Europe’s deepest mines into the continent’s first-ever gravity energy storage system. The gravity tech uses massive weights that are hoisted up the mineshaft during times of surplus energy, and then released back down again during times of peak demand — […]