03.05.2023 / Members News
04.05.2023 / News
Welcome on Board Energy Vault
The European Association for Storage of Energy (EASE) is glad to extend a warm welcome to its newest member Energy Vault who joined EASE in February 2023. Mr. Luca Manzella, VP BD EMEA at Energy Vault, accepted to discuss with us the expertise of Energy Vault, in energy storage and expectations from this collaboration with EASE.
EASE: Mr. Luca Manzella, thank you very much for accepting this interview. We are very really happy to have Energy Vault among our members and we would like to know more about your activities in the sector. Could you summarize the most interesting insights from the work of your company for energy storage?
Energy Vault is a global energy storage technologies integrator. Our innovative technology portfolio delivers customized short-and-long-duration energy storage solutions to help utilities, independent power producers, and large industrial energy users significantly reduce levelized energy costs while maintaining power reliability. We believe that there is not going to be a unique solution able to address all the different market needs for energy storage. For this reason, we have developed a comprehensive offering that includes proprietary gravity-based storage, battery storage, and green hydrogen energy storage technologies.
EASE: We look forward to a very fruitful collaboration with you and to receive Energy Vault inputs for our Working Groups and Task Forces. What created the interest from your company to join EASE?
We are entering the European market and we appreciate the work that EASE is doing in promoting energy storage both at the European Commission and at the public level. We hope that by joining the EASE family, being one of the few diversified energy storage solutions integrators in different global markets, we can leverage our experiences, contributing to the acceleration of energy storage development in Europe.
EASE: What is your vision for how energy storage can contribute to the energy transition?
Energy storage is highly complex but is the core of a fully renewable energy system. A real energy transition will be delivered only by maximizing the high penetration of intermittent sources (solar and wind). This can only happen if we adopt innovative energy storage systems, which are the key to effectively moving away from fossil fuels. Our mission is to accelerate the decarbonization of our economy through the development and deployment of energy storage technologies that deliver unprecedented sustainability and economic benefits to our customers. We’re enabling a renewable world.
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