At the end of the first day of the virtual edition of Offshore Energy 2020 the award for the best innovation in the entire offshore energy market in the last two years (2019 and 2020), was handed over to the Dutch start-up FLASC.
The award was accepted by FLASC Founder and CEO Daniel Buhagiar.
The jury of industry experts, business executives and academics, as well as the votes cast by the general public, selected FLASC as the overall winner for its hydro-pneumatic energy storage system.
FLASC’s energy storage technology, tailored for offshore applications, is primarily intended for short- to medium-term energy storage in order to convert an intermittent source of renewable power into a smooth and predictable supply.
The solution addresses a fundamental problem related to the integration of large-scale renewable energy production into conventional energy systems: the mismatch between energy supply and demand.