“The unique feature of the Storage Engine™ is that it functions as a peaking gas turbine by dispatching a series of electrical and fuel driven Turbophase compressors when the stored compressed air has run out,” states Kraft. Moreover, The Storage Engine™ can be used to release the stored compressed air, supplying megawatts of power quickly to the grid. Considering this distinctive functionality, the fuel driven Turbophase Module can also be configured to double as a standby generator. PowerPHASE’s energy storage modules have a small footprint and only require a quarter of the CAPEX compared to batteries on a kilowatt-hour basis. At a 1/10 to 1/20 the cost of batteries on a Levelized Cost of Energy (LCOE) over a 30 year lifetime, The Storage Engine™ proves to be more beneficial than battery storage solutions with its long term energy storage capabilities.

To this extent, following the vision of a greener environment, PowerPHASE’s products do not rely on chemicals and are designed to be deployed off the shelf. PowerPHASE’s solutions help increase the efficiency of the power grid, reduce carbon dioxide emissions, and save hundreds of millions per year in savings. The Storage Engine™ operates within the same emissions permit at existing plants, however delivering twice the amount of energy.

PowerPHASE is working with companies in the utility sector, and most notably, the company is negotiating contracts with an Australian Utility for several projects aimed at solving the problem of intermittent power generation from renewable sources. Initially, there were plans to set up peaker plants to prevent blackouts, but the Australian Utility decided to also leverage PowerPHASE’s solutions. As solar energy accounts for a substantial part of the power supply, the load drops off during the day and leads to negative power prices. Unfortunately, the continent mostly relies on coal-powered generators, which are more difficult to turn off and restart. The Storage Engine™ offers a superior alternative to those coal-powered peaker plants.

Moving ahead, PowerPHASE has plans to enter a strategic partnership with a global company that has the capability to deliver extensive energy storage projects. One of PowerPHASE’s goals is to introduce The Storage Engine™ and its other unique energy storage technologies among leading energy providers around the globe in 2020. Undoubtedly, PowerPHASE’s innovative air efficiency technologies are leading the way in innovation with the potential to bring about significant changes in the energy market.