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TEXEL Energy Storage: New report released by U.S. National Laboratory on game-changing grid-scale battery technology


TEXEL Energy Storage: New report released by U.S. National Laboratory on game-changing grid-scale battery technology
STOCKHOLM, Feb. 2, 2021 /PRNewswire/ The Savannah River National Laboratory (SRNL) released a report through the US Department of Energy s Office of Scientific and Technical Information (OSTI) on a new thermal battery technology that is up to 90% more cost-effective than lithium batteries for large-scale energy storage. The new thermal battery technology was developed by SRNL and exclusively licensed by the Swedish cleantech company TEXEL Energy Storage.
Inexpensive renewable energy, such as wind and solar, is just the first step towards a CO2 free energy future, where cost-effective and efficient energy storage is considered the final step, or The Holy Grail . The SRNL in cooperation with TEXEL Energy Storage is nearing the solution. In the report, SRNL performed a techno-economic analysis comparing the new thermal battery technology to Li-ion batterie ....

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