Founded by wunderkind Danielle Fong, a 24 year old former doctoral student at Princeton, LightSail Energy uses compressed air to store excess electricity generated by wind and solar. For a description of their technology, click here. Fong, a recipient of Forbes Magazine’s Top 30 under 30 recognition for those in the energy sector, co-founded LightSail Energy.
LightSail employs a four-step, fully reversible process to store energy. By converting electricity into heat, the company aims to use compressed air to store energy produced during off-peak times. For instance, wind energy is produced at night more than the hottest times of the day. According to Fong, the big breakthrough in using compressed air for energy storage (which is not a new idea) is using water to prevent overheating. For a visual representation of the procedure, click here.
Whether LightSail can produce a scalable, cost effective way to save electricity generated by intermittent, renewable means remains to be seen. The search for the holy grail is never an easy one.
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