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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The lockdown is providing a trial run of the "summer minimum" challenges of operating the grid as it will be in the 2030s and 2040s. Demand was historically low and renewable generation historically high on both the distribution and the transmission grids. Not only...
Alternatives to CAES for provision of arbitrage, balancing, ancillary, stability and other services come from power stations, pumped hydro-electric stations, batteries, Demand Side Response (DSR), interconnectors and ignorance. Power Stations Power stations are being...
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:...