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Teraloop flywheel EV charging

Energy storage for ultra-fast EV charging and micro-grid retrofitting

July 2020

Teraloop flywheel EV charging

Energy storage for ultra-fast EV charging and micro-grid retrofitting

  • World Alliance Member
  • Featured Solution
  • Labelled Solution
Label Date July 31, 2020
From Finland
Maturity stage TRL 6 / 7 - Prototype demonstration 1:1

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.

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

The Financial Benefits

  • Payback in 1-8 years through avoidance of infrastructure upgrades and grid charge costs
  • 25% lifetime increase for lithium batteries

Target client profile

Applications

Activity Region

  • Headquarters
  • Activity

Company Profile

Teraloop Oy

Scalable flywheel energy storage for EV ultra-fast charging, renewable integration and DERMS.

Headquarters 02150 Espoo, Finland
Type Startup or self-employed
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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.

Solutions Associated 15
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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. The innovator Teraloop Oy has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.