Publisher’s Note: Dan Genovese with EnerCom interviewed Kent McCormick, Founder of Photon Vault, to discuss their grid-scale electricity storage solution. Photon Vault leverages a novel energy storage media to deliver the lowest grid-connected cost for 4 or more hours of energy storage. The technology combines off-the-shelf equipment for power generation with a novel cycle to deliver modular 5MW storage units that participate in the real time energy markets and deliver round trip electrical efficiencies in excess of 100%. While electricity market structures can vary greatly from state-to-state, renewables are playing an increasing role in electricity production. Current wind and solar-generated renewables cannot be dispatched on demand and are subject to weather related limitations, leading to an acute need for storage technology to combine with these renewable sources. Photon Vault…
Exclusive Interview: Kent McCormick, Founder of Photon Vault, discusses unique and fundamentally different alternative energy storage technology
