Abstract: A method of and an apparatus for storing heat energy in a body of graphite at an elevated temperature are disclosed. The method comprises heating an inner region of a body of graphite when it is required to store the heat energy and recovering the heat by way of a heat exchanger, when the energy is required to be used. The apparatus is suitable for the storage of renewable energy and electric energy obtainable from off peak periods of supply.

Abstract: A method and apparatus has a body of graphite and a magnetic field source operatively connected with the body of graphite so that a magnetic field of the magnetic field source penetrates at least a portion of a surface of the body of graphite. The portion of the surface is crystalline graphite. At least one of the magnetic field source and the body of graphite is movable relative to the other for movement of the at least one of the magnetic field source and the body of graphite relative to the other to cause the magnetic field in the surface portion of the body of graphite to vary to induce eddy currents in the body of graphite and heat the body of graphite.