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Been tracking them for a long time. They've been at "pilot" stage since at least 2011. Personally I don't think that any form of alternative energy storage has
by propter_hoc 6y ago
Been tracking them for a long time. They've been at "pilot" stage since at least 2011.
Personally I don't think that any form of alternative energy storage has much chance against Li-ion, which has experienced unbelievable declines in cost (driven mostly by cell phones and electric cars).
A bunch of extremely well funded compressed air storage companies have already run aground against this problem: Lightsail (Thiel & Gates backed), SustainX, etc.
I'd be skeptical unless they can somehow actually prove economics against Li-ion, but these media pieces always seem to skirt that question.
- KSteffensen 6y agoFrom the article: "compared to a similar capacity battery, it's not only half the cost, the facility has a service life of 50 years, five to 10 times longer than a battery." It doesn't explicit say what kind of battery, but a service life of 10 years suggests Li-ion.