Storabelle converts decommissioned power plants into renewable energy storage facilities. They repurpose existing infrastructure to create large-scale energy storage systems for renewable and low-carbon energy sources. This approach provides sustainable energy storage while reducing carbon emissions.
Funding
Funding not disclosed
Founders
Product
Problem
The increasing reliance on intermittent renewable energy sources like solar and wind creates grid instability and energy waste due to overproduction during peak periods. Industrial processes that rely on fossil fuels for heat generation contribute significantly to carbon emissions and face increasing pressure to decarbonize. Existing energy storage solutions often lack the scalability and cost-effectiveness required for large-scale industrial applications.
Solution
Storabelle provides thermal energy storage solutions that convert surplus renewable electricity into stored heat, enabling industries to decarbonize their processes and enhance grid stability. Their technology utilizes molten salts to store large amounts of heat at high temperatures (300-600°C) with minimal energy loss, offering a cost-effective alternative to fossil fuel-based heat generation. The stored energy can be delivered as carbon-free industrial heat or steam, or it can be used for power-to-power (P2P) applications to regenerate electricity during periods of low renewable energy production. Storabelle's Energy Management System (EMS) leverages AI to optimize energy efficiency and profitability by predicting energy needs and adjusting operations based on market fluctuations. The system is designed for seamless integration with renewable energy sources and advanced energy systems like Small Modular Reactors (SMRs), ensuring a stable and reliable energy supply.
Target Audience
Storabelle's primary customers include industries requiring high-temperature heat (e.g., refineries, chemical plants, metallurgy) seeking to decarbonize their processes, as well as grid operators and renewable energy farms looking to stabilize the grid and optimize the use of surplus electricity.
Features
- Molten salt-based thermal energy storage for high-temperature heat storage (300-600°C) with minimal energy losses
- Energy Management System (EMS) utilizing AI for real-time optimization of energy production and consumption
- Predictive analytics capabilities for anticipating future energy needs and market fluctuations
- Digital twin simulations for optimizing energy storage and distribution strategies
- Scalable design suitable for diverse industrial applications and integration with SMRs
- Power-to-Heat (P2H) and Power-to-Power (P2P) capabilities for versatile energy delivery
- Compatibility with Small Modular Reactors (SMRs) for enhanced energy dispatchability
- High round trip efficiency
- Low land footprint