Three Innovations To Upend The Energy Storage Market

on February 18, 2020
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The battery craze isn’t really about batteries at all. It’s about something far grander than a battery, which is simply a conduit to a much bigger story.

Batteries are like the internet without Wifi.

The holy grail is energy storage.

And while perpetually bigger batteries themselves have emerged as the dominant solution to our energy storage needs, their reliance on rare earths elements and some metals that are controversially sourced, as well as the fact that their product life is quite limited, indicates they are simply a stop along the way to more creative innovations.

Already, there are several challenger solutions that have the potential to rise above the battery as the answer to our energy storage needs.

Gravity

One of these solutions is gravity. Several companies across the world are using gravity for energy storage or rather, moving objects up and down to store and, respectively, release stored electricity.

One of these, Swiss-based Energy Vault, uses a six headed crane to lift bricks when renewable installations are producing electricity than can be consumed and drop them back down when demand for electricity outweighs supply. The idea may sound eccentric but kinetic energy, according to a Wall Street Journal report on these companies, is getting increasingly popular.

The idea draws on hydropower storage: that involves pushing water uphill and storing it until it is needed to power the turbines, when it is released downhill. On instead of water, these companies use gravity, essentially lifting and dropping heavy objects. Energy Vault uses bricks and says 20 brick towers could power up to 40,000 households for a period of 24 hours.
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Another company, in the UK, lifts and drops weights in abandoned mine shafts.

Gravitricity, which last year ran a crowdfunding campaign that raised $978,000 (750,000 pounds), is using abandoned shafts to raise and lower weights of between 500 and 5,000 tons with a system of winches. According to the company, the system could be configured for between 1 and 20 MW peak capacity. The duration of power supply, however, is even more limited than Energy Vault’s, at 15 minutes to 8 hours.

The duration of power supply is an important issue. When the wind dies down and the sky is overcast, this could last more than a day as evidenced by the wind drought in the UK two years ago, when wind turbines were forced to idle for a week.

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