innovation will enable energy storage of intermittent photovoltaic
and wind power.
The patent pending Vulvox system is expected to cost 7.69% as much as
pumped hydroelectric storage, its least expensive competitor and
2.7% as much as compressed air storage. Cheap electrcity
storage systems are desired by the renewable power industry and
government smart grid programs. It will stabilize the electricity
grid and help prevent blackouts and brownouts. It can store
intermittent renewable energy including wind power, solar power and
tidal energy, and later release the electrcity when it is desirable,
such as at peak periods when air conditioner use rises on hot summer
days. It can store electrcity for vehicle battery recharging
stations. It can store electricity generated by Stirling dish solar
energy collectors making that form of solar energy available around
the clock instead of during daylight hours. Utility scale electricity
storage will reduce greenhouse gas emissions and slow or reverse
damage to the environment that excess carbon dioxide is causing.
already stated it will provide bulk energy storage for utilities –
shifting large amounts of energy from excess production times to peak
usage times and that will enable storage of cheap electrcity
generated during off peak hours to be sold during peak demand
periods. It will also enable lower usage of expensive auxiliary power
generators used during peak demand periods and it will replace them
with cheap regenerated energy generated overnight and
stored by our system.
According to a Lux research report
released May 29, 2008-
"Bulk energy storage for utilities
– shifting large amounts of energy from excess production times to
peak usage times – presents the biggest potential opportunity of
all markets studied: If even 10% of installed wind power plants
adopted large-scale energy storage, the market would hit $50
electricity storage system beats its closest competitor by
a factor of 15 times.
and Solar Power Paired With Storage Could Power Grid 99.9 Percent of
Neil Farbstein, President of Clean Energy Research Foundation Inc. for R&D
partnership and patent licensing details.