clean energy storage

14
BUILD BACK BETTER Clean Energy Storage Athena Christodoulou Walter Gerstle Nicole Olonovich CSolPower LLC, Albuquerque, NM www.csolpower.com New Mexico Legislature Science, Technology & Telecommunications Committee November 15, 2021 1

Upload: others

Post on 26-Apr-2022

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Clean Energy Storage

BUILD BACK BETTERClean Energy Storage

Athena ChristodoulouWalter Gerstle

Nicole OlonovichCSolPower LLC, Albuquerque, NM www.csolpower.com

New Mexico LegislatureScience, Technology

& Telecommunications CommitteeNovember 15, 2021

1

Page 2: Clean Energy Storage

BackgroundU.S. Energy Sources & Uses

https://flowcharts.llnl.gov/

2

Page 3: Clean Energy Storage

Heat and ElectricityRenewable Energy & Nuclear vs Combustion Sources

Burned for heat

To electricity

Heat to

electricityEnergy Sources:

For Heat or Electricity

Energy SourcesEnergy Sinks

Secondary

3

Page 4: Clean Energy Storage

ProblemTransition to Clean Energy is Emergency

Reasons toTransition directly

to Clean Energy

4

1. Climate Crisis

2. $20Billion in direct subsidies & $650Billion in indirect subsidies annually

3. 8.7 million people a year die globally from FF air pollution

4. People and $$ resources are limited

Page 5: Clean Energy Storage

ProblemSpeed and Goals Require Quick and Scalable Solutions

5

1. Cut 50% by 2030

2. For electricity and heat

3. Waste Emissions absent & NW coal is methane bed coal

Page 6: Clean Energy Storage

SolutionSupport Clean Energy Sources with Thermal Energy Storage

Energy Storage:

For heat or heat to electricity

6

Page 7: Clean Energy Storage

Power and DurationMedium to long term & Scalable

7

GTES

https://www.nrel.gov/docs/fy19osti/71714.pdf

Page 8: Clean Energy Storage

EconomicsLevelized Cost of Storage & Capital Expenditures (CAPEX)

8

Page 9: Clean Energy Storage

OperationCharge-Store-Discharge

9

1. Charge w/ clean, cheap RE

2. Store heat for long periods

3. Provide heat on demand

Page 10: Clean Energy Storage

Siting, Construction & OperationGeography, Footprint, Business Model, & Workforce

10

1. Geography agnostic

2. Compact footprint

3. Less permitting, safe materials & Turn key

4. Maintain much of plant workforce

Page 11: Clean Energy Storage

TeamNew Mexico Based and Dedicated

11

● Engineers & Veterans

● Entrepreneurs

● Innovative

● Social Justice Focused

Page 12: Clean Energy Storage

Company GrowthLocal Beginning with Worldwide Potential

12

1. Constructed not Manufactured

2. UNM student assisted

3. UNM potential for reducing carbon

4. Maintain much of plant workforce

Page 13: Clean Energy Storage

OpportunityReplace Part of Heat with GTES at Shuttering Plants

Energy Source:

For Electricity

13

Page 14: Clean Energy Storage

Contact InfoBuild Back Better with GigaWatt Thermal Energy Storage

14

For More Information

www.csolpower.com or

Email - [email protected]