Plural explains investment in Ore Energy

Telborg · August 04, 2026 · ✓ verified

Plural has published an investment thesis explaining why it invested in Ore Energy and highlighting the company’s iron-air battery technology.

  • The article says Ore Energy is building iron-air batteries that can store renewable energy for up to 100 hours, and argues they could help reduce curtailment, lower system costs, and support data center power needs.
  • It cites existing commercial traction, including a 1 GWh deal with Budget Thuis and pilots with EDF in France, while comparing modeled 2040 UK system savings of €26.1 billion per year and a 43% cut to total system cost.
  • This is an opinion/investor feature by Ian Hogarth rather than a first-time company press release, and it includes broader commentary on Europe’s energy supply, AI compute, and data center economics.
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