24th Jan 2014 07:32
LONDON (Alliance News) - ITM Power PLC Friday said it has secured a contract with AMEC PLC and National Grid PLC to assess efficient usage of Power-to-Gas energy storage.
The energy storage and clean fuel company said the project will look at the cost and energy benefit of deploying Power-to-Gas technology at specific sites on the UK gas network.
FTSE100 engineering and project management company AMEC, which is a major supplier to National Grid, will undertake a third-party assessment of the cost benefit analysis.
"ITM Power is delighted to be working with National Grid and AMEC on this important deployment study which has very significant market potential in the UK and worldwide," the company's Chief Executive Graham Cooley said in a statement.
Power-to-Gas is a technology which converts electrical power to a gas fuel.
By Tom McIvor; [email protected]; @TomMcIvor1
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