System for peak shifting that uses a closed loop to store thermal energy.
There have been a lot of changes in how renewable energy is made, but it is still hard to store this energy for later use. SaltX’s EnerStore Solution tries to solve this problem by using a low-cost, scientifically-proven technology to store energy and make high-quality steam. The patented Solution is a nano-coated salt (NCS) and oxide technology that can be used to store energy. It can be charged with electricity or heat, and it can put out high-quality steam at temperatures up to 450°C. To store the energy, electricity or heat is used to heat up the salt crystals. When the salt is let out, steam comes out, which can be used for many things. The model system is made up of two storage tanks and two reactors, which are the most important parts. The size of the reactor can be changed to fit the amount of work that needs to be done. The storage tanks can be made bigger or smaller and are easy to set up. By using this new method, this Solution offers a way to store energy that is sustainable, efficient, and cheap.
Positive facts about SaltX EnerStore
The thermo-chemical technology makes it possible to store energy from 1 hour to 6 months
The energy density in SaltX EnerStore is 500-600kWh/tonne, significantly higher than water, concrete and other storage materials
Achieves high temperatures for steam and electricity generation (550-800C) with low emissions
The matter used in SaltX EnerStore is 100% natural, environmental friendly and fully recyclable
SaltX EnerStore enables an energy system to get 100% of needs from renewable energy by providing an effective storage option
Potential for electricity price arbitrage of several cents (€) per kWh stored, depending on geographic market
Around 3-5 years payback time for end customers
When commercialised, would cost in the range €35/MWh, lower than the average molten salt energy storage system
Video about SaltX EnerStore
https://www.youtube.com/embed/GABV5kNx3ro
SaltX EnerStore website : https://saltxtechnology.com/