“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
PriceWaterhouse Coopers
Introduction to Storelectric CAES
The Importance of Storing Energy
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.
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CAES or Batteries?
CAES or Batteries? Many people have suggested that batteries are a viable way forward for grid-scale electricity storage, and some have cast doubt on whether there is a role for Compressed Air Energy Storage (CAES). However CAES, batteries and the other storage...
Conventional Versus Renewable Energy
Conventional Energy There are two main disadvantages with conventional energy: pollution and concentration. Pollution is in many forms throughout the process. The worst and most enduring is emissions-related climate change, well proven and fully discussed. But...
Changing Business Models for Utilities
This article considers the question: as renewables become adopted more, how will that change the utility companies’ business models? The answer is: it depends which utility companies: those involved in generation, transmission / distribution, or retail? And note that...
