Wednesday, 3 November 2010

Yet more large format energy storage solutions

I've written before about the energy storage solutions being developed by the many innovative companies working to solve our pressing energy challenges and here is yet another:

Corvus technologies has developed an advanced lithium ion battery with 20% higher energy density than the current best-of-breed batteries. The quality engineering has been increased to such a high degree that the battery has a working life of 20+ years as compared to 8 years for previous generation batteries.

In addition, the process engineering involved has reduced the cost to a level where it's inexpensive enough to enable energy storage to become competitive enough to enable storage for wind as the battery packs come in megawatt sizes, which is a breakthrough.

Those who say renewable energy is a non-starter because of intermittency are just dead wrong and given that up to 65% of available wind is currently dumped means we could more than double capacity usage of wind turbines, thus further increasing the cost competitiveness compared to fossil fuel powered plants.

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