The
demand for electricity never exactly matches the supply -- especially as
more of the world turns to clean renewable energy sources like wind and
solar for power production. Batteries can store the electricity until
it's needed, but until now battery costs have been too high.
The Innovation
ITN’s
redox flow battery combines multiple innovations to achieve the
electrical energy storage performance and economy required for worldwide
adoption for power grids, microgrids (rural electrification), and
renewable energy power distribution. These innovations include:
- Increased power density—More power available from smaller units
- Material advances for better performance and lower cost
- Next generation membrane
- Metallic and organic electrolyte chemistries
- Safety—Non-flammable components
The Vision
ITN’s affordable RFB provides the missing link between energy supply and demand by catering to the following applications:
- Backup power—replace diesel generators
- Peak shaving—energy arbitrage & reduce demand charges
- Renewable integration—increase adoption solar and wind
- Ancillary services—black start, spinning reserves, frequency regulation
- T&D deferral—reduce capex investment on Transmission and distribution assets
- Bulk storage—peaker plant replacement
By
making large-scale, long-life energy storage affordable, ITN is paving
the way for a clean energy future for the entire planet. To
commercialize this technology, ITN recently spun off Storion Energy,
Inc. For more information about products and technology, visit the Storion Energy website.
