Energy Vault develops sustainable energy storage solutions that are transforming the world’s approach to utility-scale energy storage for grid resiliency. Our proprietary Energy Management System software and Gravity-based Energy Storage Technology are intended to help utilities, independent power producers and large industrial energy users to significantly reduce levelized cost of energy while maintaining power reliability. Utilizing eco-friendly materials with the ability to integrate waste materials for beneficial re-use , Energy Vault is accelerating the shift to a circular economy and a fully renewable world.
We are undergoing a massive and irreversible transition towards an economy fueled by intermittent renewable energy. The sustainable and reliable supply of power in this new world is strongly dependent on the ability to store and dispatch energy at the right time. The company that masters the energy storage technologies will shape the global transition to our clean energy future. Energy Vault solutions are built to address this unmet storage need to deliver gravity energy storage that is: