“All the batteries we make now can ONLY store 10 minutes of the world’s electricity needs, we need a breakthrough here, something that is going to be a factor of a HUNDRED better than what we have today”
Bill Gates
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Introduction to Storelectric CAES
CAES is a form of grid-scale energy storage that works by compressing air, then expanding it again when needed. It has been in use safely and reliably since the 70s, but revenue stream improvements and the recent development by Storelectric means that Storelectric CAES is expected to be very profitable in today’s markets; more so in the future.
There’s a Fortune to Be Made
The Importance of Storing Energy
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A 21st Century Electricity System
Introduction The current regulatory and contractual framework is designed around a 20th century industry (baseload coal and nuclear, dispatchable gas, all other bits are add-ons). The cost of electricity is diverging increasingly from its price: already around half of...
De-Bunking Fictions Citing Germany
There have been a number of reports claiming that the German experience proves that what’s needed on the system is not baseload (described as “poison”) or storage, but lots of flexibility. A rational analysis of these articles finds numerous contradictions and errors....
The Scale of Need for Storage
The Energy Transition The energy transition to a zero-carbon economy is, quite correctly, seeing widespread roll-out of tens of GW of renewable generation. we're already at over 30GW and, because of load factors, to supply our 56GW peak demand will need over 200GW...
