Cemex R&D subsidiary sees the ups and downs of energy storage

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Crane-suspended concrete segments, patterned like an enormous stave silo, power a commercial scale-ready system announced last month at Energy Storage North America in Pasadena, Calif. The technology is based on what Swiss developer Energy Vault describes as “the principles that underpin traditional gravity-based pumped hydro plants. The new technology combines conventional physics fundamentals of potential and kinetic energy with a proprietary, cloud-based software platform.”

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Cemex Research Group weighs down energy storage venture

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Sources: Energy Vault, Lugano, Switzerland; CP staff

Crane-suspended concrete segments, placed in a multi-layered, circular pattern recalling an agricultural stave silo, propel commercial stage technology announced at Energy Storage North America in Pasadena, Calif. The technology is based on what developer Energy Vault describes as the principles that underpin traditional gravity-based pumped hydro plants, combining “conventional physics fundamentals of potential and kinetic energy with a proprietary, cloud-based software platform.”

Read More