WattJoule Corporation, a developer of next-generation liquid electrical energy storage systems, has developed and built a new system demonstrating a major industry cost breakthrough. The new storage platform is called ElectriStor™ and will be offered to system integrators as the preferred core component for storing large amounts of solar and wind energy.
One of the major barriers preventing the widespread adoption of large-scale energy storage has been cost. WattJoule has engineered the ElectriStor™ platform based on the redox flow battery concept where electricity is stored in a liquid. WattJoule's proprietary liquid electrolyte is mostly water, and the company has developed a new, inexpensive process to make it in large quantities. Early liquid energy storage systems have suffered from a number of technical and cost limitations. Recently there have been several technical breakthroughs to overcome these constraints. WattJoule has both developed and exclusively licensed key technologies that, in combination, dramatically lower energy storage costs to $150 per kilowatt-hour in its first-generation energy storage product. Full Press Release:
Brady Dennis for The Washington Post: The U.S. wind energy industry had a memorable 2015, from installing thousands of new turbines across the country to supporting a growing number of jobs.
But perhaps one of the most noteworthy brights spots of the past year, according to an annual report released Tuesday by the American Wind Energy Association (AWEA), was the growing demand for wind energy from major corporations. High-tech firms such as Google Energy, Facebook and Amazon Web Services, as well as more traditional companies such as Procter & Gamble, General Motors, Walmart and Dow Chemical, have signed contracts to purchase increasing amounts of wind energy in coming years.
Corporations and other non-utility customers — including some municipalities and universities — accounted for more than half of the wind power capacity sold through so-called power purchase agreements in 2015, according to the AWEA. The group said that corporate and other non-utility buyers have signed contracts for more than 4,500 megawatts of wind power capacity, or enough to power the equivalent of about 1.2 million American homes. Cont'd...
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