6 Companies That Have Energy-Storage Technologies: Less Carbon Output
The world has come to the realization that using antiquated energy technology is considered both a dinosaur and a polluter. This kind of eco-energy devaluation inevitably impacts the bottom line, which creates the necessity to use more contemporary energy technology.
With energy storage solutions becoming an integral part of our power grid and green business, the transformation of energy infrastructure is on its way to becoming a mainstream reality. In fact, in June of 2016 President Obama announced executive actions for 33 state and private sector incentives to ramp up energy storage. To date, it is estimated that this support could generate over $1 billion in energy storage innovations and usage.
The following 6 companies that have energy-storage technologies are a small example of the many companies who have stepped up in support of less carbon output and a more sustainable future.
Probably one of the most important eco-energy manufacturing companies in the world today is Tesla Motors. Founder and CEO, Elon Musk, spearheads Tesla which is currently revolutionizing car manufacturing and residential energy storage capacity. This has been achieved by utilizing some of the best battery technology on the market.
Forbes reports that Tesla recycles its batteries, recovering approximately 70% of carbon emissions emitted during initial lithium-ion battery production.
The AES Corporation is a traditional power generation company that, as of 2015, has increased its eco-energy storage technology to 28% of its company’s power generation. The Motley Fool reports some of the bottom line savings AES customers have experienced:
“Two facilities in Ohio and West Virginia have provided utility customers $20 million in savings and will provide $200 million in all throughout the lifetime operation of the facilities.”
These numbers show that with 17 mega locations worldwide, just over a quarter of its draw which comes from wind and solar powered resources, the AES carbon footprint reduction may be one of the largest on the planet. Imagine it at fifty percent, and beyond.
The mainstream household name of General Electric is also jumping on board the eco-energy storage technology race. Its program “Current” taps into GE’s years old wind farm program called Predix. With these farms producing 20% of GE energy, Current is looking to substantially improve this number by implementing expansive eco-energy technology projects.
One project has GE teaming with a California based Con Edison subsidiary to provide a battery that produces 2 MW (mega-watts) for over 4 hours and a 30 MW battery storage system that beat an AES bid for the same contract. Overall, the carbon offset of these contracts is a small example of the larger carbon saving footprint on the eco-energy horizon.
With so many companies manufacturing eco-energy storage technology, others are stepping up to manage alternative energy output. Alevo is a company which utilizes its own version of a future global infrastructure called GridBank™. Described as “a vertically integrated manufacturing and deployment organization; able to deploy its GridBank battery energy storage containers anywhere along the electricity supply chain.” Alevo is attempting to solve the problem of using excessive fossil fuel energy to harness and distribute solar, wind and hydro energy which will eventually reduce unnecessary carbon output.
Eco-energy applications continue to expand, pushing the envelope of energy storage capacity while reducing carbon output. Pellion Technologies is one to watch, as it claims it is using MIT research and development to create battery technology that goes beyond the lithium design.
Pellion states that it, “has discovered a series of fundamental breakthroughs in materials, chemistry, and cell design,” to be applied to mobile technology, storage fields and electric vehicles. With new technology such as this, only good news can emerge regarding less waste, less fossil fuel usage and overall minimal carbon released into the atmosphere.
These energy-storage technologies are only the beginning of what to expect in the future. Necessity, as in loss of water sources and a noxious environmental status, forces companies to innovate more sustainable ways in which to generate and store energy.
It’s only a matter of time before commercial and residential energy storage technologies become the eco-energy norm and the days of power lines, pollution and excess are a thing of the past.
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