About
Founded in 2013, Oceangrazer is a private headquartered in Groningen, Netherlands specializing in Hydro, Energy Storage.
Ocean Grazer is an innovative energy storage company specializing in underground pumped hydropower systems. Founded as a spin-off from the University of Groningen in 2013, the company initially focused on offshore wave energy before pivoting to develop the Ocean Battery and its successor, AquaVault. AquaVault uses deep underground shafts (12-18 meters diameter, exceeding 300 meters deep) to create artificial elevation differences for pumped hydro storage, enabling efficient energy balancing without rare materials like lithium or cobalt. The technology addresses critical grid flexibility challenges by storing surplus renewable energy and releasing it during periods of high demand. The company is developing its first pilot project in Sellingerbeetse, Netherlands, with approximately 1 MW capacity and 1.5 MWh storage. AquaVault has been tested offshore at Eemshaven and won the CES Best-of-Innovation Award in 2022.
Headquarters
Groningen, Netherlands
Founded
2013
Company Type
Private
Business Models
Value Chain
Industry Memberships
European Union Energy Storage Initiative
Products
AquaVault
Ocean Battery
Projects
Sellingerbeetse Pilot Project
Eemshaven Offshore Test
OranjeWind Project
Certifications & Awards
Certifications
EIC Accelerator Grant
Awards
CES Best-of-Innovation Award
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