Envision an Electric Grid that Provides:
Reliability and Resiliency.
Energy independence and Security.
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.
|Lithium-Ion Batteries||Conventional CAES||CAES’ Advantage|
|Installed Cost ($/kw)||4 hours||1,541||1,168||24%|
|LCOE ($/MWH)||4 hours||361||172||52%|