TREASURE
DEMONSTRATING LARGE PIT THERMAL ENERGY STORAGES
FUNDING PROGRAMME AND AREA
HORIZON-CL5-2023-D3-01-14
DURATION
Starting date - Jan, 2024
End date - Dec, 2027
OUR ROLE
Dissemination and Communication
COORDINATOR
INSTITUT FUR NACHHALTIGE
TECHNOLOGIEN
ABOUT
The TREASURE project paves the way for the accelerated realization of large pit thermal energy storages that serve as the enabler for fully renewable district heating networks and industrial heating systems. With the project, 7 demonstrators are being realized in 5 different countries.
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1. Lower Financial Risk
By employing advanced monitoring techniques and well-coupled realization phases through the Storage Building Information Model (S-BIM), TREASURE aims to minimize the financial risks associated with PTES.
2. Shortened Realization Time
Through the implementation of S-BIM and improved components and building processes, TREASURE seeks to significantly reduce the time it takes to realize PTES projects.
3. Reduced Cost
By enhancing expertise across the entire value chain, utilizing better design and optimization tools, and improving components, TREASURE aims to lower the overall cost of PTES systems.
4. Improved Energy Efficiency
TREASURE intends to achieve better energy efficiency through enhanced tools and optimized PTES design.
5. Experience-based Solutions
Through the deployment of TREASURE demonstrators, the project aims to develop PTES solutions based on practical experience gained from real-world applications.
6. Strengthened Expert Base
By involving a large group of demonstrators and satellite initiatives, along with dissemination and training efforts, TREASURE seeks to bolster the pool of experts in PTES technology across Europe, facilitating the widespread adoption of PTES solutions.
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The projects aim to use synergies to improve cost-effectiveness through the targeted development of improved components and the collective improvement of design and building processes.
Monitoring data from an already operating storage and the demonstrators are used for better numerical simulation of actual and future system performance. Through the participation of market-oriented partners possible solutions to the financing, permitting, and social challenges in the realisation of large pit thermal energy storage projects are mapped and discussed with the broad group of stakeholders, with a core group of 15 satellite initiatives. The experience with the operation, maintenance, and refurbishment of especially Danish pit thermal storages is used to improve the design and operation of the demos, the satellite initiatives, and future storages in broad.
PARTNERS
