Baromar

𝗧𝗛𝗘 𝗛𝗢𝗟𝗬 𝗚𝗥𝗔𝗜𝗟 𝗢𝗙 𝗨𝗡𝗗𝗘𝗥𝗪𝗔𝗧𝗘𝗥 𝗘𝗡𝗘𝗥𝗚𝗬 𝗦𝗧𝗢𝗥𝗔𝗚𝗘 The latest edition of Axis Innovation's 𝘛𝘦𝘤𝘩 𝘚𝘤𝘰𝘶𝘵𝘪𝘯𝘨 𝘜𝘱𝘥𝘢𝘵𝘦 features 𝗕𝗮𝗿𝗼𝗠𝗮𝗿, a revolutionary energy storage solution. As the world moves towards increased use of renewable energy, the downside is that wind and solar energy suffer from intermittency, thus posing a fundamental question mark over the ability of the grid to rely on them as main power sources. 𝗕𝗮𝗿𝗼𝗠𝗮𝗿'𝘀 𝗲𝗻𝗲𝗿𝗴𝘆 𝘀𝘁𝗼𝗿𝗮𝗴𝗲 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗲𝗻𝗮𝗯𝗹𝗲𝘀 𝘂𝘀𝗲 𝗼𝗳 𝘄𝗶𝗻𝗱 𝗮𝗻𝗱 𝘀𝗼𝗹𝗮𝗿 𝗽𝗼𝘄𝗲𝗿 𝗳𝗼𝗿 𝗰𝗼𝗻𝘀𝘁𝗮𝗻𝘁 𝗮𝗻𝗱 𝗿𝗲𝗹𝗶𝗮𝗯𝗹𝗲 𝗲𝗹𝗲𝗰𝘁𝗿𝗶𝗰𝘁𝘆 𝘀𝘂𝗽𝗽𝗹𝘆. By 𝘀𝘁𝗼𝗿𝗶𝗻𝗴 𝗰𝗼𝗺𝗽𝗿𝗲𝘀𝘀𝗲𝗱 𝗮𝗶𝗿 𝘂𝗻𝗱𝗲𝗿 𝘄𝗮𝘁𝗲𝗿, BaroMar leverages the natural properties of oceans for energy storage which enables renewable energy to become base load, thus 𝗲𝘅𝗽𝗮𝗻𝗱𝗶𝗻𝗴 𝘀𝘂𝗯𝘀𝘁𝗮𝗻𝘁𝗶𝗮𝗹𝗹𝘆 𝘁𝗵𝗲 𝗹𝗼𝘄-𝗰𝗼𝘀𝘁 𝗲𝗻𝗲𝗿𝗴𝘆 𝘀𝘁𝗼𝗿𝗮𝗴𝗲 𝗺𝗮𝗿𝗸𝗲𝘁. 𝗕𝗮𝗿𝗼𝗠𝗮𝗿 is the 𝗛𝗼𝗹𝘆 𝗚𝗿𝗮𝗶𝗹 of 𝗹𝗮𝗿𝗴𝗲 𝘀𝗰𝗮𝗹𝗲 𝗮𝗻𝗱 𝗹𝗼𝗻𝗴 𝗱𝘂𝗿𝗮𝘁𝗶𝗼𝗻 𝘂𝗻𝗱𝗲𝗿𝘄𝗮𝘁𝗲𝗿 𝗲𝗻𝗲𝗿𝗴𝘆 𝘀𝘁𝗼𝗿𝗮𝗴𝗲! Energy companies, infrastructure companies for energy, utilities and energy investors all need to know about BaroMar. Find out more in the attached newsletter which also includes a link to a short video demonstrating BaroMar's sustainable and cost-effective energy storage solution. If you want to set up a meeting to find out more, please drop me a line here, or at ed@axisinnovation.com #energy #renewable #solar #wind #underwater

🔵💡 Blue Power Panel Highlights 🌊⚡️ Experts explored the potential of blue technology for sustainable energy and carbon reduction at our Blue Tech Summit IL.24 on September 16th. 🌍🔋 From offshore wind to wave energy, tidal power, and carbon capture, the discussion covered key innovations shaping our future. 💨🌊💧 💬 Challenges and opportunities for collaboration were highlighted by the following speakers: 👉 Peter Thorlacius Bondrop (Aperio.AI, ex- Ørsted), Moderator 👉 Dr. Charlotte Vogt (Technion - Israel Institute of Technology) 👉 Anne BAER (iKare Innovation) 👉 Yonadav Buber (Baromar) 👉 Amir Horowitz (ESIL - Environmental Sustainability Innovation Lab) 📺 Watch the Blue Power Panel discussion by clicking below 🔗👀 #BlueTechnology #RenewableEnergy #ClimateChange #MarineEnergy #Innovation #Sustainability 🌍💡

If you struggle with understanding energy storage. This tool will change your life. We all know the basic problem with renewables. The wind doesn’t always blow. The sun doesn’t always shine. Intermittency is a major challenge. But energy storage offers a solution. Yet, few people truly understand the economics of energy storage. Enter Energy Storage Ninja. A tool created by Oliver Schmidt and Iain Staffell. It simplifies complex energy storage economics. This tool breaks down everything. From project economics to competing technologies. It provides a practical understanding of key storage parameters. I guarantee this tool will level up your understanding of energy storage. Here's my hot take on the analyses it offers: 1. Project Economics Assesses the financial viability of storage, considering metrics like IRR and NPV. Determine if projected revenues justify the costs involved. 2. Arbitrage Evaluates profit potential by buying low-cost energy and selling at higher prices. Vital to understand profit-potential based on different technologies and power prices. 3. System Need Identifies the range of energy storage capacity needed for a system. Determines the appropriate storage capacity for varying shares of renewables. 4. System Value Assesses trade-offs between deploying efficient but expensive storage, versus inefficient but low-cost storage. Supports strategic planning by evaluating these trade-offs. 5. Lifetime Cost Calculates the total cost of owning and operating a storage system over its lifespan. Essential for understanding lifetime cost breakdown (e.g., cost of charging vs cost of investment). 6. Tech Competitiveness Determines the probability for the lowest lifetime cost by comparing the ranges of lifetime cost results of all storage technologies. Assesses the most cost-competitive technologies for different use cases in the future. 7. Competitive Landscape (my personal favorite) Models across the full spectrum of discharge duration and cycle frequencies any application could have. Aids selection of the most cost-efficient technology for all applications. 8. Investment Cost Allows you to adjust market growth and technology experience rate to model expected investment cost in the future. Provides insights into how cost reduction and deployment affect financial viability. Understanding these concepts is essential for anyone interested in the energy storage space. Oliver and Iain also have a fantastic book that walk you through these analyses and much more. Check it out: Monetizing Energy Storage. Link to both the tool and the book in the comments. — Enjoy this? ♻️ Repost it to your network and follow Joseph Ciccone for more. Image credit: Energy Storage Ninja