Envision an Electric Grid that Provides:
Carbon neutrality.
Reliability and Resiliency.
Energy independence and Security.
Energy Equity.
Lower Cost.
Cryostone’s Energy storage system delivers all of these
Based on Compressed Air Energy Storage Because:
The U.S. Department of Energy’s Energy Storage Grand Challenge showed that conventional Compressed Air Energy Storage has lower installed cost and Levelized Cost of Energy vs. all other technologies – including Lithium-Ion batteries – over any storage duration.
Cryogenic compressed air can be stored in vacuum insulated pressure vessels, which eliminates conventional CAES’ need for suitable geological formations to store air.
Cost Metric | Duration (100 MW) |
Lithium-Ion Batteries | Conventional CAES | CAES’ Advantage |
Installed Cost ($/kw) | 4 hours | 1,541 | 1,168 | 24% |
10 hours | 3,565 | 1,094 | 69% | |
LCOE ($/MWH) | 4 hours | 361 | 172 | 52% |
10 hours | 336 | 104 | 69% |