The transition toward a more sustainable, environmentally sound electrical grid has driven an upsurge in renewables like solar and wind. But something as simple as cloud cover can cause grid instability, and wind power is inherently unpredictable. This intermittent nature of renewables has invigorated the competitive landscape for energy storage companies looking to enhance power system flexibility while enabling the integration of renewables.
“Impact is what drives PolyJoule more than anything else,” says CEO Eli Paster. “We see impact from a renewable integration standpoint, from a curtailment standpoint, and also from the standpoint of transitioning from a centralized to a decentralized model of energy-power delivery.”
Source: “Energy storage from a chemistry perspective“, MIT Startup Exchange
