AREVA and Schneider Electric have signed a strategic partnership agreement to develop energy management and storage solutions based on hydrogen fuel cell technology. Under the terms of this agreement, both groups will combine their expertise in order to design and propose energy storage solutions that guarantee the reliability of electrical grids for isolated sites and areas where access to power is limited. AREVA will provide the Greenergy Box, energy storage solution made with an electrolyzer and fuel cell. This is used to store hydrogen and oxygen from water electrolysis during periods of low energy demand in order to produce electricity during peak consumption periods.
Schneider Electric delivers integrated solutions focused on making energy safe, reliable, efficient, productive and green. The signature of this agreement with AREVA will enable Schneider Electric to achieve grid parity for renewable energies while managing their intermittency and optimising network connection.
