Back in April, a company in which I’ve been interested in – Energy Vault NRGV, co-founded by Idealab’s Bill Gross – posted respectable quarterly earnings numbers after its first three months of operation as a public company.
I had the opportunity to speak with another of Energy Vault’s co-founders and CEO, Robert Piconi, and was impressed by his background as a multi-faceted builder of businesses.
An upcoming article will look closely at what Energy Vault is doing, but before that, I wanted to offer some background about energy storage technology in general to provide context for my Energy Vault-specific comments.
This article discusses two ways to store energy on a grid scale (pre- and post-generation), investigates some of the issues regarding these two methods as well as the technologies used to implement them, and provides a back-of-the-envelope calculation of the scale of the problem for which we need to solve.
Enabling a sustainable world with renewable energy.
Read the next post:
Energy Vault, Wellhead Electric and W Power Announce Agreement for 275 MWh Energy Storage Project in Southern California