Energy storage is an emerging global market and thermal storage is best positioned to capitalise on this opportunity
There is a recognised need for large scale energy storage solutions to accommodate the impact of increasing wind and solar PV generation around the world. California is at the forefront of renewable energy adoption and as a consequence is leading the way with the incorporation of energy storage into its generation mix.
Graphite Energy is an experienced developer of build, own, operate energy projects and is targeting its efforts on the deployment of thermal energy storage solutions in California and elsewhere.
Incorporating thermal energy storage (as opposed to stand alone battery solutions) into new and existing combined cycle gas turbine generators, increases operating flexibility and provides the most cost effective means of addressing any renewable energy oversupply or intermittency.
Graphite Energy has developed its own proprietary thermal storage technology to address the need for a cost-effective, utility scale energy storage solution.