The Explorer is a one-of-a-kind search engine that showcases profitable climate solutions from all over the world which are part of an ever-growing, curated, and publicly-accessible database. Select your profile, your needs and climate goals to discover the solutions that fit best with your situation.
Explore Learn moreThe Solutions Explorer lets you create alerts that match your needs. You can create several alerts and you will receive a notification each time a new Solar Impulse Efficient Solutions is labeled and matches your filters.
Your Search Alerts will show up here.
Sign in to create alerts for your filters and search terms.
Sign inDon't have an account?
Sign upThe Solutions Explorer lets you create alerts that match your needs. You can create several alerts and you will receive a notification each time a new Solar Impulse Efficient Solutions is labeled and matches your filters.
Your Search Alerts will show up here.
Sign in to create alerts for your filters and search terms.
Sign inDon't have an account?
Sign upGreen CAES
Cost-effecive solution enabling renewables to power grids 24/7
01.
Identification
Storelectric is developing the world’s most cost-effective and widely implementable large-scale energy storage technology: a transmission/distribution grid-scale Compressed Air Energy Storage (CAES).
All 3 technologies in this solution are simplifications of technologies operating for decades, use standard off-the-shelf equipment (so technical risk is low). 1) Innovative adiabatic TES CAES. Our 500MW, 2.5-21GWh installations have zero/low emissions, 68-70% round trip efficiency, levelled cost cheaper than gas-fired peaking plants and batteries. 2) Equally innovative and uniquely retro-fittable CCGT CAES converts and gives new economic life to gas-fired power stations, reducing emissions, cutting energy costs and adding storage revenues. 3) Hybrids of the two technologies.
Sector
Application
Target client profile
Tags
Label Date
May 1, 2020
From
United Kingdom
Maturity stage
Prototype testing in the real world
Looking For
Network; New clients; Visibility; Funding; Partners; Credibility
Sectors - Value chain - Application
Sectors
Applications
Value Chain Steps
02.
The environmental benefits
- •Each TES CAES plant reduces emissions by 37,080 tonnes CO2 p.a. (40MW) to 463,500 tonnes (500MW) - CCGT CAES about 1/3 of that and hybrid is between the two.
- •Enables renewables to power grids by providing balancing, back-up, ancillary services and grid stability
- •Makes the energy transition more affordable
03.
The Financial benefits
- •The payback time is 10-15 years.
04.
Activity Region
- Map
- /
- List
Asia
North america
- Headquarters
- Activity
05.
Company Profile
Storelectric Limited
Enabling renewables to power the world: the most cost-effective large scale, long duration storage, suitable globally.
View company profile
Headquarters
Howick Park Ave, Penwortham, Preston PR1 0LS, UK
06.
Related Topics
07.
Complementary solutions
Contact the Solution Provider
Save to Project
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.