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Teraloop flywheel EV charging
Energy storage for ultra-fast EV charging and micro-grid retrofitting
01.
Identification
Teraloop's innovative flywheel Solution provides efficient energy storage for EV charging whilst avoiding high infrastructure installation costs.
Energy storage can help to avoid the need for expensive infrastructure upgrades needed to charge electric vehicles. Lithium batteries are a prime candidate as a solution in this market, however they are limited in their cycling ability, and will reach end of life rapidly when used for this purpose. Teraloop's flywheel technology (a mechanical structure used to store rotational energy) complements existing flexibility solutions to manage power and energy. Flywheels have demonstrated advantages such as high energy efficiency, high durability and high power density, making them ideal for applications requiring heavy cycling. Teraloop goes beyond the state of the art with its novel topology, enabling higher scalability to MW scale with a single device, and 5-7 times higher energy density. Teraloop's flywheel technology is ideally designed for applications such as electric vehicle ultra-fast charging, as well as micro-grid retrofitting. It further complements existing battery technologies, extending their lifetime and their sustainability.
Sector
Application
Target client profile
Tags
Label Date
July 31, 2020
By
Teraloop Oy
From
Finland
Maturity stage
Prototype testing 1:1 in the lab
Looking For
Corporate partners, investors
02.
The environmental benefits
- •Cradle-to-grave energy consumption 96% lower than a lithium battery
- •A 100kW Teraloop flywheel enables the reduction of more than 900MWh of required flexibility, which is typically serviced with fossil fuels
03.
The Financial benefits
- •Payback in 1-8 years through avoidance of infrastructure upgrades and grid charge costs
- •25% lifetime increase for lithium batteries
04.
Activity Region
- Headquarters
- Activity
05.
Company Profile
Teraloop Oy
Scalable flywheel energy storage for EV ultra-fast charging, renewable integration and DERMS.
View company profile
Headquarters
02150 Espoo, Finland
06.
Networking Partner
Cleantech Scandinavia
Network of industrial companies, investors, real estate companies and cities; connecting to 1 400+ clean technology companies from the Nordics and Baltics.
View partner profile
Solutions Associated
17
07.
Related Topics
08.
Complementary solutions
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances.