Amsterdam, 21 noVeMber 2022 — AMG Advanced Metallurgical Group NV (“AMG”, EURONEXT AMSTERDAM: “AMG”) announces that its subsidiary, AMG LIVA, has put its first battery Hybrid Energy Storage System (“HESS”) into fully automatic operation mode in Hauzenberg, Germany. The HESS battery system is an ecosystem that combines Lithium-Ion and Vanadium Redox Flow batteries with artificial intelligence routines and self-learning algorithms to increase the efficiency, safety and life of the batteries. , which integrates HESS with the facility’s power system, renewable energy sources, and the electrical grid.
The HESS system is used at AMG Graphite’s Hauzenberg facility to flatten power demand spikes, called “Peak Shaving.” This industrial application reduces CO2 emissions and energy costs. The system is also used for emergency power supply and has black start capabilities in case of total power failure. AMG LIVA intends to expand Hauzenberg’s HESS system to include a large-scale solar power plant integration to further reduce the facility’s energy costs. Further development will include the use of HESS for electrical grid service (“Frequency Containment Reserve”).
LIVA hybrid energy storage systems are key elements of AMG’s strategy to achieve energy and CO efficiency2 reduction for its customers in industrial operations. Currently, within the AMG Group, there are three additional LIVA batteries under construction. One, at the AMG Titanium Alloys plant in Nuremberg, Germany, will deal with peak-shaving, integration of solar power and the production of “green” hydrogen. The other, at AMG Chrome in Rotherham, UK, is intended for solar power integration. And one at AMG Engineering in Hanau, Germany, will be used as a demonstration facility for various applications.
AMG LIVA is a new growth platform for industrial battery installations worldwide, with AMG Engineering providing engineering and project management services and AMG Titanium Alloys producing vanadium electrolyte from gasification residue, adding a circular dimension to the economy.
As recently announced, as part of ARAMCO’s agreement to recycle vanadium from gasification residues, the Shell-AMG-UCI Joint Venture will also install a LIVA battery and a vanadium electrolyte facility as an important measures to develop the market of vanadium redox and LIVA batteries in the Kingdom of Saudi Arabia.
About AMG
AMG is a global critical materials company in leading CO2 declining trends. AMG manufactures specialty metals and mineral products and provides related vacuum furnace systems and services to the transportation, infrastructure, energy, and specialty metals and chemical end markets.
The AMG Clean Energy Materials segment combines AMG’s recycling and mining operations, producing materials for infrastructure and energy storage solutions while lowering CO.2 footprint of suppliers and customers. The AMG Clean Energy Materials segment covers the vanadium, lithium, and tantalum value chain. The AMG Critical Materials Technologies segment combines AMG’s leading line of vacuum furnace technology with high-purity materials serving world leaders in the aerospace sector. The AMG Critical Minerals segment consists of AMG’s mineral processing operations in antimony, graphite, and silicon metals.
With approximately 3,300 employees, AMG operates worldwide with production facilities in Germany, the United Kingdom, France, the United States, China, Mexico, Brazil, India, Sri Lanka, and Mozambique, and has sales and customer service offices in Japan (www.amg-nv.com).
For more information, please contact:
AMG Advanced Metallurgical Group NV +1 610 975 4979
Michele Fischer
mfischer@amg-nv.com
Disclaimer
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