Is gravity power a cost-effective storage solution?

Gravity Power is the only storage solution that achieves dramatic economies of scale. PNNL conducted a study to calculate the LCoE (levelized cost of energy) for 14 storage technologies, grouped into Pumped Storage Hydroelectric, Hydrogen, Flow, and Lithium Ion. The Gravity Power technology is by far the most cost-effective.

what-is-gravity-power?/">

What is gravity power?

Gravity Power’s game-changing technology turns as-available renewable energy into reliable, peak-period power. Gravity Power provides scalable, cost-effective, highly efficient energy storage, using existing commercial technologies, without the environmental and technical difficulties of pumped storage hydro, batteries, or other solutions.

how-does-gravity-power-work?/">

How does gravity power work?

Gravity Power will revolutionize the $1+ trillion market for energy storage. Energy is stored when the pump drives water down a deep underground shaft, raising a piston. To return energy to the grid, the piston descends with gravity, driving water through the generator.

Why do we need gravity power plants?

Gravity Power Plants provide a pathway to more projects, more revenue, and more contributions to their regional economies. Local, state, and national governments need to set energy policies to achieve a carbon-free energy sector. We provide a path for this, while protecting the environment, keeping consumer costs low, and providing local jobs.

How does the tender service work?

Our tender service informs our customers on a daily basis on renewable and other products. Email alert frequency can be set by users depending on their requirements (daily, monthly, weekly, quarterly, fortnightingly etc). Users can also choose to download reports of past tenders using our Dashboard services.