Helios Thermal Energy Storage System
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Description
Energy storage to meet increasing demand is vital to developing a low-carbon energy system, and can provide
more flexibility and balancing to the grid, as well as providing a means of coping with increasing use of
intermittent renewable energy. Locally, it has the potential to drastically reduce energy costs for businesses
and homes. Current commercial-scale storage solutions are too early in their development & storage costs
outweigh energy savings so commercial mkt uptake has been very limited. To be cost competitive, cost per
kWh must be lower than off-peak electricity prices (£0.07/kWh). Helios Limited, a micro SME, are seeking to
test the feasibility of developing a combined heat & power energy storage system (TESS). The device will be
smart-enabled, and will utilise off-peak electricity to store heat energy at ~£0.02/kWh in a high density
medium. The device will use a Sterling motor to generate electricity at peak hours, and heat losses will be used
to heat a water matrix for heating or hot water. The device will also have the ability to feed energy back into
the grid if needed, and store energy from renewable energy sources such as solar PV.
| HELIOS ADVANCED ENERGY SYSTEMS LTD | LEAD_ORG |
| HELIOS ADVANCED ENERGY SYSTEMS LTD | PARTICIPANT_ORG |
Subjects by relevance
- Renewable energy sources
- Warehousing
- Energy
- Costs
- Enterprises
Extracted key phrases
- Helios Thermal Energy Storage System
- Power energy storage system
- Energy storage
- Energy cost
- Carbon energy system
- Heat energy
- Intermittent renewable energy
- Renewable energy source
- Storage cost
- Helios Limited
- Energy saving
- Scale storage solution
- Peak electricity price
- Heat loss
- Commercial mkt uptake