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Goldman Sachs invests $250M in compressed air energy storage

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Re: Goldman Sachs invests $250M in compressed air energy storage

#321

Grid storage is going to be big business in the future, on the order of size of storage for electrical vehicles. (And these will certainly not be mutually exclusive markets! Vehicle to grid tech will become widespread, as is already seen in the new F150 Lightning truck). Lithium ion will dominate for the foreseeable future, as the industry has scaled to massive sizes and already, and has the advantage of being curren…

I have been saying for years that we should have a windmill system you could place on top of a building or home that powers a larger, highspeed flywheel buried underground below the house. Ideally with the flywheel in vacuum and balanced by magnets for reduced friction. This ensures no loss converting energy types (mechanical to mechanical) and it can be used later for electricity or other energy in small, large burs…

That's already a thing. Kodiak AK has one which coupled with wind turbines enabled the town to go to 99% renewable electricity. https://www.hitachienergy.com/us/en/references/grid-edge-sol...

Re: Goldman Sachs invests $250M in compressed air energy storage

#322

Earlier quoted context omitted.

I have been saying for years that we should have a windmill system you could place on top of a building or home that powers a larger, highspeed flywheel buried underground below the house. Ideally with the flywheel in vacuum and balanced by magnets for reduced friction. This ensures no loss converting energy types (mechanical to mechanical) and it can be used later for electricity or other energy in small, large burs…

That's already a thing. Kodiak AK has one which coupled with wind turbines enabled the town to go to 99% renewable electricity. https://www.hitachienergy.com/us/en/references/grid-edge-sol...

Holy shit this is super cool!

Re: Goldman Sachs invests $250M in compressed air energy storage

#323
post #186

Based on my reading, these systems are, at best, in the order of 60% efficient. To state the obvious, this means that fully 40% of the energy they pull from the grid will be wasted. Burned. Never to be recovered. How is that a good idea? Solar? Well, solar isn't free energy. What's the comparison to grid scale batteries for storage? That process is far more favorable, with efficiency exceeding 80%. I have to admit no…

You are spot on - the real answer is readily available: nuclear. We have reactor designs that if the active systems fail the reactors shut down naturally instead of running away. We have designs that can be burning all that "spent" fuel we are currently trying to bury for 10,000 years (!). Modular reactor designs in particular have incredible promise to provide for infinite scaling (just add more modules as needs inc…

If I am going to put on my conspiracy theory hat on for a moment, here's the only reason I would think the investment is sound: Goldman Sachs knows our government will throw money at this despite it being a bad idea. Therefore, the company will make money on paper by effectively becoming yet another subsidized entity of sorts...all in the name of saving the planet (or some other popular delusional statement).

Nuclear is probably the only path to long term clean energy. I hope people eventually wake up to that reality. Sadly, we are going to burn lots of time, money and resources before we get to that moment.

Re: Goldman Sachs invests $250M in compressed air energy storage

#324

Earlier quoted context omitted.

How does this work? How can you compress air without raising the pressure? Are you sure you don't mean adiabatic?

According to PV=nRT (ideal gas law), no you cannot in a closed system!!! But Hydrostor isn't violating any laws of physics -- they are simply capturing that heat so that it doesn't become waste heat! Hydrostor has a thermal management system that captures the heat and stores is during compression. Then it reuses the heat when it is decompressing the air.[1] This seem extremely promising as a much smaller footprint so…

That doesn't seem isobaric. Searching if it's possible, I've seen mentions of condensing working fluids, and bumby mentions ocean floor bags which seem like a good solution.

Re: Goldman Sachs invests $250M in compressed air energy storage

#325

Earlier quoted context omitted.

This is interesting: "This was a crisis. Without electricity, the Amish couldn’t store milk, and the church was adamant that Amish were not going connect to the local electric company. Finally a solution was found. It was decided that diesel generators could be used to power the refrigerators. This decision allowed the Amish to continue their tradition as dairy farmers without having to use public electricity." So th…

If they are against centralisation, that makes sense; but then, unless you drill your own wells and refine the crude yourself, you're still getting fuel from someone else.

I think it's against against dependence. You can choose who you buy your diesel from, and you store a however big tank of diesel you deem appropriate. In stark contrast to a powerline.
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