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.