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TES CAES

Cost-effecive solution enabling renewables to power grids 24/7

May 2020
Gallery TES CAES 1
Gallery TES CAES 1
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

Label Date May 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
Design, Power & Produce
Package & Distribute
Use & Efficiency
Valorize & Restore
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

  • /
  • 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 Brandwood, Penwortham, Preston PR1 0PG, UK
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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.