Image credit: Energy Vault |
I subscribe to a YouTube channel from a British chemist, Dr. Philip Mason, who calls himself
Image credit: drunken-peasants-podcast.wikia.com |
Most recently, Thunderf00t targeted Energy Vault, concluding that it's a scam meant only to collect investor money. I'll summarize his points as I understand them and then state my reaction. Per Thunderf00t:
- No working installation yet exists, the pilot project (video here) shown in various places does not come close to demonstrating the viability of such a system and, other than that pilot, there's nothing but CGI animation.
- Such a scheme will not be effective in windy areas due to inability to control the precise placement of the concrete blocks and the inherent problems with cranes in wind.
- The cost would be excessive in comparison with alternative gravitational storage systems (specifically, pumped hydro storage).
- The system could not have the lifespan claimed due to its environmental exposure, intrinsic wear, fatigue, etc., especially in areas where sun and wind for renewable energy generation are plentiful, such as deserts.
- The configuration envisioned by Energy Vault is not optimized to maximize the storage of potential energy because of the way the blocks are stacked.
It takes Thunderf00t 24 minutes to make these points. He repeatedly contrasts the Energy Vault system with pumped hydro storage systems in terms of both cost and of capacity. He glibly glosses over the fact that the geographic/geological situation that is optimal for such a system severely limits feasible locations. And, it should be noted, I agree completely that pumped hydro storage is a superb option where geography and environmental considerations permit. Unfortunately, there are not a lot of such locations.
Another point misunderstood by Thunderf00t is the of the claimed ability of the Energy Vault system to quickly "ramp up," in 2.9 seconds to full power according to Energy Vault. Thunderf00t posited that utilities aren't in need of such a quick ramp up, but this isn't correct. Utilities utilize a variety of systems to provide reliable power, from frequency response, to spinning reserve, to peaking, to base load in order of increasing ramp up times from less than a second through several hours. Thunder00t seems to be thinking only of peaking or base load. For application to supplying energy from solar or wind plants when "the sun doesn't shine and the wind doesn't blow" this analysis would be correct but this is undoubtedly not the only potential application envisioned by Energy Vault.
In any case, addressing the points above:
- It's clearly true that no working demonstration at scale yet exists. However, the technology of lifting concrete with tower cranes is quite standard. I could go out to one of my company's projects tomorrow and watch such a thing happen. As mentioned in my earlier post (and as Thunderf00t mentioned repeatedly), the IP claimed by Energy vault isn't tower cranes or concrete, it's the software that controls the crane movements so as to maximize storage and production and precisely place the blocks even during windy conditions. The fact is that every innovation starts out as an idea with no working model at scale. Time (and investment) will tell if the concept is viable.
- Thunderf00t only addresses the proposed use of the system for storage of wind generated electricity, presumably because that's what's shown in the renderings on Energy Vault's web site. Of course, the system would be equally suitable (if it works at all) for solar sites. But, as mentioned above, Energy Vault claims that their control software will enable the system to operate in windy conditions. Many tower cranes have a maximum wind speed limit of 20 meters/second or 44.7 m.p.h. Thunderf00t has pulled up a web site that appears to refer to a specific crane model that limits wind speed to 10 meters/second (he converts this to 30 m.p.h. though it's actually about 22 m.p.h.) but, even in the page he shows, it's stated that "typical values vary from 9 to 20 m/s." I'll concede that I'd need to see the control system operating in a 20 m/s wind though.
- In his cost estimate, Thunderf00t states that "a tonne (here I assume he means a metric ton, 1000 kg. or 2,205 pounds) of concrete costs about $100." I don't know what it costs in Great Britain or the Czech Republic (where I believe he's working) but in the U.S. a pretty basic concrete mix costs around $100/yd^3 and that cubic yard weighs about 4,050 pounds or 1.84 tonnes. So Thunderf00t's tonne of concrete costs about $54. Later in the video, he does come down to a number near this. As I mentioned, he compares the cost to pumped hydro, but the locations shown in the renderings have no suitable geography. Given the need for storage, if pumped hydro were suitable everywhere, we'd see more of it. Thunderf00t mentions that the vast majority of energy storage IS pumped hydro but that's because there's so little storage!
- With respect to duration, I concede that I also see serious problems. Energy Vault mentions a 30 year lifetime but does not mention maintenance! As Thunderf00t states, tower cranes consist of a massive collection of moving parts, many of which will be under significant stress and subject to cyclic loading. It's a recipe for all manner of mechanical failure.
- As to optimizing stacking, it's very clear that it would be better to have all the blocks be able to go from ground to top and back to ground as Thunderf00t helpfully demonstrates with children's blocks on a table but the logistics of the system won't allow that. The question isn't whether some other configuration would be better but rather what is the best configuration that can be achieved.
When all is said and done (and, as the wag said, when all is said and done, much more is said than done), there are many reasons to question the feasibility of such a system and, before I'd invest my money in the venture, I'd need more than is shown on the web site. But Cemex Ventures has invested in Energy Vault. Cemex Ventures is the venture arm of Cemex, a large producer of cement, concrete and other building materials. The size of the investment is not stated.
I've covered a number of non-electrochemical (that is, other than batteries) storage companies and modalities in this blog, some seemingly credible and some seemingly ridiculous. This one seems to be somewhere in the middle. I'm not as certain as Thunderf00t and his commenters that it's a scam but I'm not ready to sink my nest egg into it!
Update: Energy Vault has received a $110 million investment from the SoftBank Vision Fund. Of course, the Vision Fund has been in the news a LOT lately and not in a good way, having had to bail out We Work and losing money from the IPO of Uber.
Update: Energy Vault has received a $110 million investment from the SoftBank Vision Fund. Of course, the Vision Fund has been in the news a LOT lately and not in a good way, having had to bail out We Work and losing money from the IPO of Uber.
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