A Simple Solution: Concrete Blocks to Store Energy

Investment at the highest levels is taking a new approach to investing in energy storage, showing an understanding of the importance of energy storage investment and in the security of the electricity grid. SoftBank, a multinational conglomerate company, has invested $110 million in a relative newcomer to the scene and a company that the Optimist Daily has featured in the past.  Unlike lithium-ion batteries and other scientifically intensive forms of energy storage, Energy Vault has created an unusually simple mode of generating and storing energy using only cement, sand, cranes, and motors.  

Described as “fifth-grade physics”, the Swiss concrete block storage system is now able to build a full-scale prototype that will store nearly a month’s worth of energy at a very, very low cost. Moving forward, given Energy Vault is able to produce a successful and large system with its new investor, long-term energy storage will solve many…
Continue Reading at The Optimist Daily…

JOIN OUR PREMIUM MEMBERSHIP TODAY

By becoming a premium member, you'll have full access to all content and be supporting the Warp News non-profit foundation and our efforts to spread fact-based optimism all over the world.

You've successfully subscribed to Warp News
Great! Next, complete checkout for full access to Warp News
Welcome back! You've successfully signed in.
Success! Your account is fully activated, you now have access to all content.
Success! Your billing info is updated.
Billing info update failed.