“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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Lessons for Europe from the UK Blackouts
Index Contents Introduction 1 Batteries and DSR on 9th August 2 Interconnectors’ Response 3 The Future of Interconnectors 3 Need for Back-up 5 Brexit 6 Providing Resilience – Types 7 Providing Resilience – Quantities 8 Grid Stability Services 9 Disincentivisation of...
The Market is Moving
On the surface, various aspects of the market are giving conflicting signals: batteries have piled into the Frequency Response market, collapsing its price, and are starting to look at STOR (though only longer-duration batteries can bid for it); the Capacity Market...
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...
