Strategy
Wind Energy Storage
Storage is the key to a Green Power Grid
Intermittent renewable energy added to the grid requires the equivalent addition of Fossil fuel generation capacity for stability
- Efficient , Large-Scale Storage eliminates the need for this redundant generation capacity
- Current Battery technology
- Protects the stability of a power grid that is running close to capacity
- Can’t move large amounts of energy from times of surplus to times of scarcity.
Large Scale, Efficient, Long Duration Energy Storage is Essential
Our goal is to take surplus wind or solar energy and store it in a depleted gas formation
We have a relationship with a technology partner developing the economic model
We have identified a suitable underground formation adjacent to excess wind energy