Storelectric has successfully received a patent in China for its Energy Storage with Hydrogen technology.
This ground-breaking technology generates green hydrogen via electrolysis by reimagining Compressed Air Energy Storage (CAES), the little-known but proven energy storage process that compresses air in underground salt caverns using renewable power.
The CAES process usually wastes heat energy, compromising the efficiency of the technology, but Storelectric’s technology takes this excess energy and uses it to catalyse electrolysis which generates green hydrogen, increasing the efficiency of bulk electrolysis.
Modelling shows 80% efficiency, meaning less energy wasted in the generation process compared to competitors’ technologies. Storelectric’s technology also reduces hydrogen production costs by over 30% and increases IRR by 30%.
The hydrogen is stored in adjacent salt caverns at scales of GWh to TWh, providing a complete and cost-effective solution at grid-scale.
This technology, patent number 201980050477.1 in China has also received a patent in the United States, the United Kingdom and the European Union.
China is one of the fastest growing markets in the renewable energy and storage sector. In April, China opened Hubei Yingchang in Hubei province, the largest grid-connected CAES project of its size worldwide, with a capacity of 300MW/1500MWh.
Storelectric’s patent facilitates greater power output by drawing from diverse sources of power supply and provides pioneering solutions for both generation and storage, making green energy reliable and commercially viable on the global stage.
SEL Managing Director
“Securing our hydrogen patent in China is a pivotal achievement for Storelectric. This patent not only validates our innovative approach to hydrogen production but also positions us strategically within the rapidly expanding Chinese market. It reinforces our commitment to advance sustainable energy solutions, enhances our competitive edge, and opens up opportunities for partnerships and growth.”
