Concentrating Solar Power Utility Inc
Meet the Future of Energy Storage For a Better World
Eco-Engineered Metal Hydride Based Thermochemical Energy Storage
High Energy Density Storage Systems
A Paradigm Shift, for a Greener Future, More Energy Efficient and Safer
Storing Electrical Energy and Harvesting it Back Out on Demand
Exploiting Chemical Bonds to Efficiently Store Energy
Cost-Competitive, Sustainable, and Reliable Power
Concentrating Solar Power Utility Inc has developed a highly-engineered Metal Hydride battery which is an improved, new way of storing electricity in the form of heat. This enables renewable energy systems to generate electricity 24 hours a day.
Innovative Storage for Clean Renewable Energy - Fights Climate Change
The Hydride Battery will change the world. It will be the first thermal energy storage based on thermochemical reactions of metal hydrides.
Metal hydrides have a distinct advantage due to the significant amount of research which has been conducted on the cycle stability of hydrogen storage materials. The most abundant element in the world is hydrogen. Hydride Battery is working on developing a new type of battery or energy storage technology focusing on the markets for large-scale energy storage.
"Metal Hydride Batteries creates a low-cost thermal energy storage system that can store 10 times more energy than current state-of-the-art thermal energy storage systems." - Advanced Research Projects Agency - Energy U.S. Department of Energy
Converting Heat to Power
Gigawatt by the hour thermal storage system - Hydride Battery process heat storage. Running the full load of a Power Plant for 24 hours.
There is tremendous potential of exploiting chemical bonds to efficiently store energy.
The Hydride Battery converts electricity into heat energy, stores it and then converts it back into usable electricity at a later time, chemical-mechanical batteries, utility-scale storage.
High-efficiency Metal hydrides are distinctive owing to the presence of the lightest element of the periodic table (H), being bonded to a metal.
Metal Hydrides high temperature thermal heat storage technique has great promising future.
The Hydride Battery is a heat battery that stores heat energy in a reversible chemical reaction, using a new class of high efficiency materials, discovered in 1985.
The Metal Hydride materials have a combination of thermodynamic energy storage densities and kinetic power capabilities that previously have not been demonstrated. "Thermochemical energy storage based on Metal Hydrides represents many unique advantages and offers a very appealing prospect for lower costs and higher efficiency" - DOE.
Green Energy Economy
Advanced energy storage provides an integrated solution to some of America’s most critical energy needs: electric grid modernization, reliability, and resilience; sustainable mobility; flexibility for a diverse and secure, all-of-the-above electricity generation portfolio; and enhanced economic competitiveness for remote communities and targeted micro-grid solutions.
Storage technologies strengthen and stabilize the U.S. grid by providing backup power, leveling loads, and offering a range of other energy management services. Electric vehicles (EVs) are also poised to become an integral part of this new grid paradigm as their batteries both draw power from and supply it back to the grid (when beneficial) – while eliminating tailpipe emissions. - Office of Technology Transitions U.S. Department of Energy
Metal hydrides can also be used for energy storage coupled to a heat pump with onsite solar PV generation as a system that could meet both heating and cooling loads while reducing operating costs compared to a system with just solar PV.
A Thermochemical Solution
The company’s mission is to revolutionize energy storage to enable a sustainable future. The SCALABLE Hydride Battery helps in the fight against climate change and will have a substantial positive impact on our environment and economy. Fossil fuels - coal, oil, and gas - will not last forever.
Concentrating Solar Power Utility, Inc. (CSPU) is leading the way in the development of Advanced Energy Storage, High-Performance Proprietary Metal Hydride Batteries.
Critical Need: Electricity generation accounts for 25% of all the greenhouse gases emitted worldwide each year. "Absent battery storage, the whole value proposition of intermittent renewable energy makes no sense at all" - MIT
Overcoming the Limitations of Conventional Battery Technology
Bond Energy Storage - Dependent on reaction temperature and enthalpy.
Thermal energy is transformed into chemical energy. Thermochemical energy, offers a higher amount of energy stored per mass of storage material. The special feature of metal hydrides as reversible heat storage systems is that upon their thermal dissociation the liberated hydrogen is simultaneously a fuel with the highest known gravimetric energy density. Thermochemical heat storage systems can provide very high energy densities and economic systems.
Low-Cost, High-Temperature, High Energy Density Thermal Energy Storage Systems
The development of the metal hydride thermal energy storage system was supported by a research award from the U.S. Department of Energy’s Solar Energy Technologies Office under its Concentrating Solar Power (CSP) subprogram, which focuses on lowering the cost of CSP technologies through research and development.
Working to help build and energize the future, the Hydride Battery technology will provide a much-needed advancement in a market estimated to be $40 billion by 2025. Metal Hydride Based Thermochemical Batteries offer an enormous billion-dollar global market, Electric Power Plants, Solar/Wind Power. Energy storage will be instrumental in the mass scale implementation of renewables, Grid Storage. The Hydride Battery will enable the next wave of renewables on the Grid.
Concentrating Solar Power Utility Inc Hydride Battery technology will provide a much-needed advancement in a market estimated to be $40 billion by 2025. Metal Hydride Based Thermochemical Batteries offer an enormous billion-dollar global market, Electric Power Plants, Solar/Wind Power.
The Hydride Battery Stores Excess Baseload Energy
The real future opportunities for investment in the energy sector are renewables. Most utility-scale renewable energy power plants only run at about 25% of their capacity because they can't generate power at night-thermal energy storage makes it possible to increase this capacity to up to 60-75%. Similarly, power plants produce a constant output of power--thermal energy storage could help increase this output during times of critical peak demand. Therefore saving utility companies billions of dollars.
The demand for renewable energy generation continues to increase as more and more cities commit to carbon reduction goals.
In this growing green economy, Electrical Energy Storage Systems are a growth area for capital investments.
The stationary energy storage market is projected to grow from $9.1 billion (15.2 Gwh) in 2019 to $111.8 billion (222.7 Gwh) by 2035. BloombergNEF forecasts that the worldwide energy storage market could attract nearly $1 trillion in investments over the next three decades. The time is now to invest in energy storage.
Environment: Cost-effective thermal energy power generation could help decrease fossil fuel-based electricity use and harmful emissions from coal-burning power plants.
Economy: Thermal energy storage systems could make it less expensive to generate power from nuclear and renewable solar energy, which in turn could help stabilize electricity rates for consumers.
Intellectual Property: 3 Related U.S. Patents - 1 Patent Pending
This is a game changing technology!
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