Post by account_disabled on Feb 19, 2024 6:34:33 GMT
The Energy Vault company, with its partners Atlas Renewable and China Tianying (CNTY), has announced that the world's first grid-scale EVx gravity energy storage system (GESS) has entered the early phases of commissioning.
Energy Vault is a global energy storage company based in Switzerland that specializes in long-duration energy storage products based on kinetic energy and gravity.
Its innovative technology portfolio provides customized short- and long-term energy storage solutions to help utilities, independent power producers, and large industrial energy users significantly reduce energy costs and maintain power reliability. energy. Energy Vault's EVx gravity-based energy storage technology is helping the shift to a circular economy while accelerating the global clean energy transition.
The first-of-its-kind 100 MWh EVx GESS project was announced in May 2022.
The new Gravity Energy Storage System (GESS) has a capacity of 25 MW, and the EVx system will be one of the largest long-term energy storage systems in the world. It is built adjacent to a wind farm and na Special Data tional grid interconnection site to augment and balance China's national energy grid by storing and distributing renewable energy in Rudong, Jiangsu Province, China.
A new ultra-efficient electronic belt lifting and ignition system went into operation in June. Now this project has entered the first phase of implementation. The system is expected to be fully interconnected to the grid by the end of the year, as planned with local state grid authorities, making EVx the first utility-scale commercial pumpless hydrogravitational energy storage system. of the world.
The grid-scale gravity energy storage system offers a more cost-effective, scalable and sustainable alternative to existing pumped hydroelectric plants that currently account for approximately 90% of all energy storage capacity globally.
The first 5 MW EV1 tower interconnected to the grid in Switzerland in the mid-2020s has excellent round trip efficiency (RTE) results (over 75%). Energy Vault's new EVx system is expected to have an RTE of over 80% with its efficiency chain design improvements, making the new gravity system the leader in energy storage efficiency compared to all other types of mechanical, thermodynamic processes, compressed air or flow battery systems.
Energy Vault is a global energy storage company based in Switzerland that specializes in long-duration energy storage products based on kinetic energy and gravity.
Its innovative technology portfolio provides customized short- and long-term energy storage solutions to help utilities, independent power producers, and large industrial energy users significantly reduce energy costs and maintain power reliability. energy. Energy Vault's EVx gravity-based energy storage technology is helping the shift to a circular economy while accelerating the global clean energy transition.
The first-of-its-kind 100 MWh EVx GESS project was announced in May 2022.
The new Gravity Energy Storage System (GESS) has a capacity of 25 MW, and the EVx system will be one of the largest long-term energy storage systems in the world. It is built adjacent to a wind farm and na Special Data tional grid interconnection site to augment and balance China's national energy grid by storing and distributing renewable energy in Rudong, Jiangsu Province, China.
A new ultra-efficient electronic belt lifting and ignition system went into operation in June. Now this project has entered the first phase of implementation. The system is expected to be fully interconnected to the grid by the end of the year, as planned with local state grid authorities, making EVx the first utility-scale commercial pumpless hydrogravitational energy storage system. of the world.
The grid-scale gravity energy storage system offers a more cost-effective, scalable and sustainable alternative to existing pumped hydroelectric plants that currently account for approximately 90% of all energy storage capacity globally.
The first 5 MW EV1 tower interconnected to the grid in Switzerland in the mid-2020s has excellent round trip efficiency (RTE) results (over 75%). Energy Vault's new EVx system is expected to have an RTE of over 80% with its efficiency chain design improvements, making the new gravity system the leader in energy storage efficiency compared to all other types of mechanical, thermodynamic processes, compressed air or flow battery systems.