Terrajoule invented the practical breakthrough that yields energy storage at less than 20% of the cost of lithium-ion battery storage. Terrajoule storage does not degrade over time, has an unlimited number of charge-discharge cycles, lasts at least 25 years, and utilizes no toxic or rare materials.
Further, Terrajoule’s strategy is based on the conviction that distributed power generation will play a much larger role in future electricity generation. Therefore Terrajoule power plants are mass-produced as 2 MW modular units, so that power plants can be built from 2 MW to 100 MW or more.
Each power plant unit generates ~5 GWh per year in typical locations. Energy storage is configurable from 6 MWh to 24 MWh net discharge capacity per unit. Peak dispatch power, 2 MW standard, is configurable up to 8 MW, to serve applications where there are large spikes in electricity market price or demand.
Read more about this ground-breaking technology here.