STORE is advancing a subsea energy storage technology called Marine Pumped Hydro (MPH). MPH uses large hollow concrete spheres on the seafloor to store mechanical energy in the form of pressure. MPH charges when seawater is pumped out of the spheres and releases energy to the grid when high-pressure water flows back into the spheres through a turbine. MPH features a patent-pending multi-sphere pod to increase the amount of energy stored and uses efficient 3D concrete printing to reduce manufacturing costs.

The STORE Consortium members are RCAM Technologies, TechnipFMC, and the Offshore Renewable Energy Catapult. The Consortium is supported by subcontractors Witteveen+Bos, Kishorn Port Ltd, and the Energy Systems Catapult.

STORE was awarded £150,000 from the Department for Business, Energy & Industrial Strategy Longer Duration Energy Storage Demonstration (LODES) competition. Phase 1 will deliver a Feasibility Study focused on the design and analyses for the UK. Phase 2, if awarded, will design, manufacture, and operate a prototype system at TRL 6.