Schlumberger New Energy links up with EnerVenue on metal-hydrogen energy storage solutions
HOUSTON - Schlumberger New Energy announced an investment and collaboration agreement to deploy EnerVenue’s uniquely differentiated nickel-hydrogen battery technology, which is a key enabler of stationary energy storage solutions. Schlumberger New Energy and EnerVenue will work together to progress large-scale deployment of nickel-hydrogen battery technology across selected global markets.
Energy storage solutions are critical to the evolution of the energy mix as the energy transition demands greater contribution from renewable sources. The focus on expanding electrification is accelerating the need for large scale deployment of safe, cost effective, sustainable and reliable stationary energy storage solutions. There is a rapidly growing market for such solutions across utility-scale grid storage, off-grid commercial and industrial storage, and residential sectors.
“At Schlumberger, we’re eager to leverage our technology expertise and global footprint in introducing EnerVenue’s technology to this important emerging market,” said Ashok Belani, Executive Vice President, Schlumberger New Energy. “We are excited about the potential this technology holds for the energy transition.”
“Schlumberger New Energy will emerge as one of the long-term energy transition infrastructure leaders,” said Jorg Heinemann, CEO, EnerVenue. “We look forward to supporting Schlumberger’s new energy vision, and to working with the company to bring our battery technology to organizations across the world.”
Related News ///
Connect with World Oil
Join Our Newsletter ///
Sign-up for World Oil Daily News
Latest News ///More
- Schroeder quits Rosneft job after pressure over Putin ties (5/20)
- ‘Hell no’: Finance firms tell Texas they don’t boycott energy (5/20)
- Woodside wins backing to buy BHP oil, gas amid climate backlash (5/19)
- Energy workforce council comments on DOI offshore lease plans, FERC’s approval of natural gas projects (5/19)
- Permian producer Centennial to buy Colgate for $2.5 billion (5/19)