World Market Leader in Renewable Energy Storage
“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”
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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Hydrogen will play a significant role in zero-carbon economies in the future. It can be stored at large scale, especially in salt caverns which can be formed in much of the world; It can be stored at ultra-high pressure – vehicle makers are considering up to 700bar:...
Storelectric’s CAES plants are usually designed as stand-alone plants with stand-alone profits based on buying electricity from the grid and selling it back to the grid. There are many up-side revenue streams available, such as buying and selling under PPAs (Private...
Grid-scale electricity storage using an innovative form of Compressed Air Energy Storage When discussing adiabatic CAES, such as that proposed by Storelectric, it is frequently confused with isothermal CAES such as that proposed by Lightsail, SustainX and General...