LONDON (ShareCast) - (Sharecast News) - Advanced materials group Haydale Graphene revealed on Thursday that it will be collaborating with Cadent Gas and the Energy Innovation Centre to develop graphene ink-based heaters for low-power hot water.
Haydale stated the £135,000 three-stage project will run for an initial 15 months and highlighted that the graphene solution has the potential to offer "a low-power way to heat water when there is an interruption to the gas supply".

The AIM-listed firm said stage one of the project will see it work directly with Cadent to identify up to four specific and detailed use case scenarios where the graphene ink-based heaters could be used across its network.

Chief executive Keith Broadbent said: "We look forward to working with Cadent and the Energy Innovation Centre on the use of functional graphene inks in the energy supply market. Our graphene-based heater technology offers the potential of a low-power solution for use in people's homes to keep them safe and warm when there is an interruption to supply."

As of 1005 GMT, Haydale shares were down 0.94% at 4.76p.

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