Investing in renewable energy became quite popular. However, having the maximum profits remains a challenge as the sun and wind are not a 24/7 source. Hence, a storage system for that great green energy is needed to operate profitable, reliable, and sustainably; but what works?
The most significant impediment to optimal investment is that renewable energy can seldom be produced when needed by the user or delivered owing to grid overload. As a result, high amounts of renewable energy are wasted, and investors into renewable energy generation systems, like wind power or photovoltaic systems, suffer significant losses.
To bridge the gap between “intermittent energy generation” and “permanently available energy,” comprehensive energy storage, prediction, and optimization solution is required.
NOW, scientists have come up with very effective techniques for storing (renewable) energy for short and long durations. In other words, to release energy from a stockpile (storage) when needed.
Renewable energy was always tricky and limited to store, creating a significant hurdle to the global endeavor to use renewable energy efficiently. On the other hand, newly developed technologies that can stockpile (store) energy in masses are key. Equally important is energy efficiency and directly releasing the energy in different forms like electric energy, cooling energy, heat energy, or pressurized energy – just as needed.
Generating, Storing, and Transforming
HOW DOES IT WORK? When (renewable) energy is available, it is transferred into the system by transforming electric energy into gravitational energy or a combination of mechanical/hydraulic energy by compressing liquids and gas within a stockpiling system. When required, the stockpiled energy will be released in the form of – electricity, cooling, heat, or pressurized air. The cycle is repeated as needed without harming the system’s standard lifetime of many decades.
These newly developed “Convert State Storage Technologies (CSST) are proprietary protected and utilized by NATPOWER International AG, a Swiss finance and tech group and in Vietnam with NATPOWER VIETNAM Investment JSC.
According to a spokesperson: …. CSST is the world’s highly efficient, most sustainable, fully scalable and artificial intelligence guided energy systems available in the market today.”
CSST – uncomplicated and working over decades
Unlike traditional systems that necessitate large capital expenditures, CSST technologies may be deployed right where you need, delivering sustainable lifetime efficiencies superior to other energy storage systems available today.
According to leading scientists, CSST outperforms other energy storage methods. Commonly used battery (chemical) solutions have a short shelf life, which causes a slew of serious issues and, as a result, creates economic and sustainability disadvantages.
Compared with battery storage, which has various drawbacks, including the fact that the raw materials are often very poisonous, making disposal difficult, batteries have a short lifespan of mostly 5 to 10 years before they must be replaced due to their rapid and massive disintegration. Furthermore, crucial materials for batteries are already in short supply, and key components are notoriously difficult to recycle once their lifespan has expired.
CSST – the only sustainable, affordable, and profitable energy storage now available in Vietnam
These drawbacks do not apply to CSST; it is totally non-toxic, non-hazardous, reasonably easy to maintain, and may run its cycles for many decades with no degradation – in short, truly SUSTAINABLE.
In addition to its high benefits, CSST is quite cost-competitive and at least on par with (chemical) batteries. We predict CAPEX for CSST to decline significantly as the production and delivery of more and more systems increases.
The world is looking forward to an energy shift away from resource-intensive fossil fuels. However, relying solely on renewable sources is almost impossible without a sustainable energy storage system.
Convert State Storage Technologies are paving the way for a fully sustainable future.
Gerald Tychtl,
Managing Director, Natpower group