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Cheesecake Energy Ltd (CEL) has developed the worlds most sustainable energy storage technology to support the integration of renewable energy
Updated 06 Jun 2026 16:52
Financial period: 1 Jan 2024 to 31 Dec 2024
Reference milestones and recent Companies House filing stream events.
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Published 16 Apr 2026 08:32
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Published 20 Aug 2024 10:32
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Cheesecake Energy develops energy storage systems for renewable energy.
Cheesecake Energy Ltd. (CEL) is developing and selling a medium-scale (150kW), medium-duration (5hrs - 12hrs of discharge time) energy storage system. The system stores energy in the combined forms of pressurised air (34%) and heat (66%). The system uses modified ex-service truck engines to become compressor/expander machines and uses its own unique valve-actuation system to enable the same machine to serve as compressor (for charging) and as expander (for discharging). The system includes significant amounts of natural inertia but also has the capability to include more based on the findings from the SHyKESS research programme.
Impacts are only just beginning but CEL has secured a contract with Colchester Amphora to support a business part and it will account for several millions of pounds of cost saving on this site alone. It is being explored seriously for supporting EV charging stations.
Won contracts worth £1m
CEL has developed a design for low-cost energy storage and has filed ten patent applications around the technology, while building a team of 18 people and establishing a demonstrator system. CEL has been awarded funding as part of the UK Government's BEIS Longer Duration Energy Storage Demonstration (LODES) competition. The funding will accelerate development and commercialisation of CEL's eTanker system. CEL raised £1.1M in Seed funding to fuel the development of its manufacturing capabilities and support product development of its eTanker storage system. The round was led by Imperial College Innovation Fund alongside prominent investors including Perivoli Innovations, and other angel investors.
1 Aug 2021 to 31 Mar 2022
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1 Jul 2021 to 31 Aug 2022
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1 Nov 2020 to 30 Apr 2021
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1 Oct 2020 to 30 Jun 2021
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1 Dec 2019 to 31 Oct 2022
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1 Sep 2019 to 31 Oct 2019
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