Echogen Technology to Enable Europe’s First Grid-Scale Pumped Thermal Energy Storage System in Slovakia

Echogen Power Systems is proud to announce that its strategic partner,Westinghouse Electric Company, has signed aMemorandum of Understanding (MoU)withVodohospodárska Výstavba (VVB)to plan the development ofEurope's first grid-scale pumped thermal energy storage (PTES) systemin Slovakia. This landmark project marks a significant milestone in the global transition to resilient, low-carbon energy infrastructure.

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Echogen, a pioneer insupercritical carbon dioxide (sCO)-based PTES technology, is collaborating with Westinghouse to deploy long duration energy storage (LDES) solutions worldwide. The Slovakian project will be the first of its kind in Europe, delivering gigawatt-hour-scale energy storage capacityto capture surplus electricity from VVB's hydropower stations and dispatch it to the national grid when needed.

“This project represents a transformative step forward for clean energy in Europe,” said Rob Bernard, Chief Commercial Officer ofEchogen. “We are thrilled to bring our advanced sCO-based PTES technology to Slovakia in partnership with Westinghouse and VVB. Together, we are enabling a more flexible, reliable, and sustainable energy future for the region.”

The agreement outlines a comprehensive feasibility study anda front-end engineering and design (FEED)phase to optimize system configuration. The PTES facility is expected to be operational by2030, leveraginglocal suppliers and workforceto stimulate regional economic development and serve as a blueprint for future deployments across Europe and beyond.

By enhancing Slovakia's energy storage capabilities, the project will:

— Maximize the use of renewable energy resources

— Improve grid stability and resiliency

— Reduce reliance on fossil fuels

— Support the EU's decarbonization and energy independence goals

Echogen's PTES solution uses an electrically driven heat pump to convert electricity into a stored thermal differential, which is later transformed back into electricity using a high-efficiency heat engine. This approach delivers alower levelized cost of storagefor long-duration applications and is compatible with a wide range of energy sources-including hydro, wind, solar, thermal, and conventional sources.

AboutEchogen Power SystemsFounded in 2007 and headquartered in Akron, Ohio, Echogen is a global leader insupercritical CO power systemsand clean energy innovation. The company develops advanced solutions forlong-duration energy storage,high-efficiency power generation, andindustrial heat recovery. Echogen's mission is to accelerate the transition to a sustainable energy future through scalable, cost-effective, and environmentally responsible technologies.

For more information, visithttp://www.echogen.comand follow us onhttps://www.linkedin.com/company/echogen-power-systems.

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SOURCE Echogen Power Systems

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