Storelectric Ltd is developing an innovative form of Compressed Air
Energy Storage (CAES) using the salt caverns in Cheshire as a means
of storing huge amounts of energy in a clean and efficient manner.
Storelectric Ltd was established in 2012 to develop an innovative and highly efficient form of Compressed Air Energy Storage (CAES) at a truly grid scale. We will store national grid energy in the safest and most efficient way possible to make sure there is no risk of ruptures and harm to local citizens.
Storelectric aims to:
Storelectric Ltd has an experienced team dedicated to bringing this to life. To find out more about us, please click here.
Using existing technology...
Many CAES systems already exist around the world such as in Huntorf, Germany and MacIntosh, Alabama, USA. These have been proven to store energy efficiently and cost-effectively, but regenerate their electricity through gas-fired power stations. As a result, the best efficiency that they have yet achieved is 54%.
We have both innovated and simplified the process, and sought out existing technologies with which to embody it. Our partners have analysed our processes, identified specific proven equipment and designs that will deliver it, and corroboraged efficiencies of 62.3% for a 40MW plant, which will be substantially more efficient when scaled up to a full 500MW. Our technologies can be explored more here.
Storelectric's compressed air energy storage is 100% renewable for peak smoothing, in contrast with natural gas assisted systems such as Huntorf and MacIntosh. The fluids that we use are all benign. Salt caverns are hundreds of metres underground, and safe enough to store natural gas around the world - and we're storing air in them.
This makes our system:
The world's biggest battery, consisting:
Not only can Storelectric's CAES potentially make most renewable generation technologies profitable without subsidy, but also it can increase the profitability and environmental performance of thermal - and even nuclear - power generation.
Shell Springboard - regional winners!
Shell Springboard is a competition in which the very best of British innovations that reduce greenhouse gas emissions are rewarded, against very stiff competition, for three main factors:
Storelectric were declared regional winners, going through to the national finals with £40k in the bank. Worth more than the money, however, is the kudos from having been analysed in some depth by experts, and winning the accolade of one of the world's great multinationals.
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