As variable renewable electricity’s role in the energy supply mix keeps growing, so do the challenges of continually balancing supply with demand. Floating hydraulic energy storage devices and their unique arrangement in clusters are one strategy to address these challenges.
Buoyant Energy has the potential to dynamically transfer renewable electricity from times and areas of excess supply to times and areas of peaking demand. Electricity generated during off-peak times can be retained and then sold to meet peak demands. This can help address fluctuations in supply from renewable sources, which can occur within seconds, minutes, hours or days. The fast-responding Buoyant Energy storage technology is fully dispatchable, burns no fuel, is efficient and has a minimal carbon footprint.