RFC Power, a spin-out from Imperial College London, is developing a new class of low-cost hybrid gas-liquid flow battery chemistry. The patented hydrogen-manganese battery is a disruptive technology in long duration storage, a critical technology area for the energy transition, enabling the increased utilisation of locally generated renewable energy and reducing reliance on imported fossil fuels.
Shell’s GameChanger programme works with start-ups, such as RFC Power, on early-stage technologies that have the potential to impact the future of energy. Shell GameChanger’s support isn’t limited to funding. The GameChanger programme will connect RFC Power to relevant experts from across Shell to help with de-risking critical aspects of their technology,
“Our programme aims to help companies accelerate potentially disruptive technologies to market. Innovations like this are very relevant for both the Energy Transition and for Shell”, says Akilah LeBlanc, General Manager Commercial Innovation Partnerships of Shell. “RFC Power showed a good fit with the four criteria against which we assess companies: novelty, potential value, fit with Shell and the start-ups’ capabilities to make the difference. We were keen to pursue a collaboration with RFC Power and are now excited to see that being started.”
Tim von Werne, CEO of RFC Power, commented: “We are very excited to announce this collaboration and support from Shell, which comes as further validation of the core technology we have developed at RFC Power. Every year the demand for safe, reliable long duration storage is growing. We believe that RFC Power can achieve a sustainable competitive advantage thanks to its highly distinctive patent-protected technology and deliver the long duration storage required to support the energy transition.”