CHALLENGE — Reliable access to cost-effective electricity is the backbone of the U.S. economy, and electrical energy storage is an integral element in this system. Without significant new investments in stationary electrical energy storage, the current electric grid infrastructure will increasingly struggle to provide reliable, affordable electricity, and will jeopardize the transformational changes envisioned for a modernized grid. Investment in energy storage is essential for keeping pace with the increasing demands for electricity arising from continued growth in U.S. productivity, shifts and continued expansion of national cultural imperatives (e.g., emergence of the distributed grid and electric vehicles), and the projected increase in renewable energy sources.
“Energy storage is the killer app for taking our grid to the next level,” said Matt Rogers, a senior adviser to the United States energy secretary, Steven Chu.
SOLUTION – EcoVoltz has been developing a new class of “Flow Battery” that is significantly less expensive, smaller, safer and can operate for decades. Our product will address the growing limitations of the electricity infrastructure and meet the increasing demand for renewable energy use.
