The world needs to switch to renewable energy and drastically reduce the CO2-emissions to counteract climate change with all its negative effects.
The production of renewable energy depends heavily on the availability of sun and wind. The decoupling of energy production from consumption by storage is crucial for a global strong expansion of renewable energies.
Industrial waste heat on a high temperature level is valuable energy that can be used before it is released into the atmosphere or cooled down expensively. No additional fossil fuels are needed to use it.
The market potential for High Thermal Temperature Energy Storage in the various potential applications of electricity storage is at least 500 GWh(th) based on various studies and scenarios (eg the International Energy Agency iea) up to 2040.
The waste heat was calculated for Germany alone at about 260,000 GWh per year. The global potential has not yet been reliably determined.
STORASOL's mission is to provide a green, efficient and economical energy storage to renewable energy and industry for the transition to a global sustainable energy system.
STORASOL's HTTES technology, which is now available on the market, is based on a cost-effective and scalable modular thermal energy storage system.