AREVA and Schneider Electric have signed a strategic partnership agreement to develop energy management and storage equipment based on hydrogen fuel cell technology. Under the terms of this agreement, both groups will combine their expertise in order to design and propose energy storage solutions that guarantee the reliability of electrical grids for isolated sites and areas where access to power is limited.
AREVA will provide the Greenergy Box, energy storage solution made with an electrolyzer and fuel cell. This is used to store hydrogen and oxygen from water electrolysis during periods of low energy demand in order to produce electricity during peak consumption periods.
This technology is operational since 2011. Connected to a 560 kW photovoltaic solar power plant on the MYRTE demonstration platform, in Corsica, the Greenergy Box will also be soon connected to 35 kW peak power photovoltaic panels installed in La Croix Valmer (South of France).
The signature of this agreement with AREVA will let Schneider Electric achieve grid parity for renewable energies while managing their intermittency and optimizing network connection. As such, Schneider Electric, a global specialist in energy management, strengthens its unique position to connect all smart grid players
Frédéric Abbal, EVP of Schneider Electric’s Energy Business commented “AREVA will capitalize on the international presence of Schneider Electric and its leadership in electrical grid management, utilities and infrastructures, industrial and nonresidential commercial buildings.” Louis-François Durret, AREVA Renewables CEO said: “This agreement will let AREVA and Schneider Electric combine their experience, knowledge, and achievements in energy management and storage.”
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