OXTO Energy was created with the vision of delivering high performance, full life cycle environmentally friendly energy storage solutions to help the transition to a low-carbon world at the lowest possible cost.
Energy storage is a key component to make the transition to renewable energies and low-emission vehicles; power generation and transportation are two large contributors to greenhouse gas emissions.
Its passionate founder Dr. George Prassinos and its experienced team in the energy sector have successfully developed a mechanical battery technology that stores energy in the form of kinetic energy in a rotating mass. The product has achieved unseen cost reductions, the highest reliability and lowest operational costs, is easy & fast to install and scalable, without using scarce resources.
OXTO Energy is a technology provider, and its revenues are made by deploying its technology.
OXTO has a flexible business model, depending on client constraints and preferences.
OXTO energy storage system is either:
- sold, transferring the ownership to the client
- provided as a service, using a commercial agreement similar to the mobile phone contracts, with a basic amount of energy included and additional energy used charged in supplement
- deployed in a partnership structure such as JV, with revenue sharing. Some clients cannot own energy storage assets for regulation reasons and such structure brings more flexibility.
OXTO has successfully participated to innovative challenges in Europe and Australia. The business idea has generated interest from major utilities (e.g. Salzburg AG) and electricity generators/retailers (e.g. Energy Australia).

Products and services

energy storage, flywheel, grid, ups, EV, electric vehicle, frequency, voltage, renewable, sustainable