Ocean Grazer (Accelerator)

Company Description: Ocean Grazer's mission is to unlock the untapped potential of offshore renewable energy generation. Ocean Grazer develops innovative solutions for the offshore renewable energy sector. Their innovations integrate multiple renewable sources together with onsite storage technology to improve the efficiency of offshore wind farms and the energy yield per square kilometer. Their current main focus is on their newest development, the Ocean Battery. The Ocean Battery is a scalable, modular solution for large-scale storage of electricity that is produced by renewable sources such as wind turbines and solar energy farms at sea. The Ocean Battery system is a pumped hydro system in a box that provides eco-friendly utility scale energy storage up to GWh scale. The mechanism is based on hydro dam technology, that has proven itself for over a century as highly reliable and efficient. To store energy, the system pumps water from the rigid reservoirs into the flexible bladders on the seabed. Now the energy is stored as potential energy in the form of water under high pressure. When there is demand for power, water flows back from the flexible bladders to the low-pressure rigid reservoirs, driving multiple hydro turbines to generate electricity.