Energy Storage Solutions
Energy storage has become a major focus of attention as intermittent renewable energy has become more prevalent, and demand is increasing for this reason. Energy storage has been around for some time since the early 1800s, batteries and pumped-storage hydropower has been operating since the 1920s. But the demand for a more dynamic and cleaner grid has led to a significant increase in the construction of new energy storage projects, and to the development of new or better energy storage solutions.
As renewables have become increasingly prominent on the electrical grid, there has been a growing interest in systems that store clean energy.
Batteries are an energy storage technology that uses chemicals to absorb and release energy on demand. Lithium-ion is the most common battery chemistry used to store electricity. Coupling batteries with renewable energy generation allows that energy to be stored during times of low demand and released (or dispatched) at times of peak demand. Our Zinc-Air Regenerative Fuel Cell System batteries by Zinc 8 is the lowest cost of storage in the market for long-duration applications suitable for companies who need to store a lot of energy.
Pumped storage is well established. Other megawatt-scale technologies are being developed. These can provide dispatchable capacity as required by demand. The storage to complement intermittent renewables if they are to replace base-load capacity must be able to meet demand over many days, not simply hours.
Types of Thermal Storage
There are various types of thermal storage examples include:
- Pumped-Storage Hydropower (PSH)
- Compressed Air Energy Storage (CAES)
- Thermal (including Molten Salt)
- Lithium-ion Batteries
- Flow Batteries
To discuss an energy storage solution for your business call 1300 344 388 or complete the CALLBACK form below.