Photoncycle Unveils Low-Cost, High-Efficiency Hydrogen Storage Solution for Renewable Energy
Photoncycle, a Norwegian startup, is revolutionizing the renewable energy storage sector with its innovative solid hydrogen-based technology. Aimed at addressing the challenges of interseasonal energy storage, Photoncycle's system, showcased in Oslo Science Park, claims to offer a more efficient and cost-effective solution than current battery or liquid hydrogen options.
Utilizing an advanced reversible high-temperature fuel cell, the technology enables the production of hydrogen and electricity within the same unit, promising energy storage densities 50% greater than liquid hydrogen.
Founder Bjørn Brandtzaeg highlights the system's affordability and density, poised to outperform traditional batteries and serve as a viable, scalable solution for residential energy needs. With $5.3 million recently raised for its development, Photoncycle is set to test its groundbreaking technology in Denmark, signaling a significant step towards sustainable and reliable renewable energy storage.