EnergyBank was founded to capitalise on the opportunity of a lifetime while accelerating society's decarbonisation. To do this, we are developing the next generation of energy storage technology.

Our system is designed for the offshore wind market.

For only a 3% increase in levelized cost of energy, it adds long duration energy storage, and active carbon capture to offshore energy installations.

This allows much more efficient utilisation of transmission systems and significant improvements in project feasibility and IRR.

EnergyBank was founded to capitalise on the opportunity of a lifetime while accelerating society's decarbonisation. To do this, we are developing the next generation of energy storage technology.

Our technology works by moving multiple thousand-tonne masses back and forth between the ocean floor and its surface over vertical distances of between 4 and 8km.

This process leverages the depth of the ocean and gravitational potential to store energy with radically improved economics.

Values
Together we strive, together we thrive
At EnergyBank we foster collaboration by working hard to build respect, diversity, and trust. We strive to enhance the well-being of our team, the environment and the communities in which we work and live.

We find beauty in integrity.
We operate with a core of integrity, equity, and transparency - even when this is difficult.

We’re here for the gnarly and the novel
We are lifelong explorers - constantly embracing new adventures, challenges, and radically creative solutions. Our engineering process leverages this mindset to develop inspiring designs.