Corre Energy

Website unreachable since Oct 19, 2026

Corre Energy develops and operates grid-scale compressed air energy storage systems that store excess renewable energy for extended periods, addressing the intermittency of wind and solar power. By efficiently managing energy supply, the company reduces carbon emissions and enhances the affordability of electricity.

Traction 9/10

Groningen, Netherlands · HQ

Founded 2018367K+ followers

Clean Technology
Energy

Updated 7 months ago

Funding

Raised to date

$1.5MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

Funding rounds are not available yet.

Founders

2 founders

Keith McGrane

CEO

Dickie Armour

Co-Founder/Head of Investments

Product

Problem

Renewable energy sources like wind and solar are intermittent, leading to supply fluctuations that can destabilize the grid and hinder the transition away from fossil fuels. Existing energy storage solutions often lack the capacity for long-duration storage needed to address these intermittencies effectively.

Solution

Corre Energy develops and operates grid-scale compressed air energy storage (CAES) facilities that store excess renewable energy for extended periods. These facilities compress air into underground caverns when renewable energy is abundant and release it to drive turbines and generate electricity when needed. This approach enables the storage of energy for days, rather than hours, providing a reliable and dispatchable source of power that complements intermittent renewables. By efficiently managing energy supply and reducing curtailment, Corre Energy enhances grid stability, reduces carbon emissions, and improves the affordability of electricity.

Target Audience

Corre Energy's primary customers are grid operators, utility companies, and large energy consumers seeking reliable, long-duration energy storage solutions to integrate renewable energy sources and enhance grid stability.

Features

Grid-scale compressed air energy storage (CAES) technology for long-duration energy storage
Underground caverns for high-capacity compressed air storage
Integration with renewable energy sources to store excess wind and solar power
Dispatchable power generation using stored compressed air to drive turbines
Advanced control systems for efficient energy management and grid stabilization
Projects underway in the Netherlands, Denmark, Germany, and the USA