Home / Energy/ Lockheed says ‘flow’ battery will boost use of renewable power

Lockheed says ‘flow’ battery will boost use of renewable power


Comments / {{hitsCtrl.values.hits}} Views / Tuesday, 1 May 2018 00:00


Washington (Reuters): Lockheed Martin Corp hopes to launch a new “flow” battery made of inexpensive, non-toxic materials that can help utilities save money and use more renewable energy, company officials said.

“You open up a chance not only to make renewables more marketable and more useful, you might even change the structure of at least a portion of the utility market,” Lockheed Senior Vice President for Sustainability and Ethics Leo Mackay told reporters at the company’s Global Vision Centre in Virginia.

Lockheed did not have an exact date for introduction of the battery or a cost, but Vice President for Energy Initiatives Frank Armijo said the company hopes to introduce it in a “little more than a year.”

Flow batteries, which use chemicals dissolved in water, last longer than lithium ion batteries, which are usually solid. That means they can help utilities meet consumer needs for longer periods during so-called peak demand times such as evenings, when residents use lights, televisions and kitchen appliances.

A report in the utility industry press early this year said Lockheed hoped to introduce a flow battery by the end of 2018, but there were no details on what kind of materials it would be made of.

Unlike natural gas or coal, which can be burned anytime to generate power, wind and solar power are sometimes most active when consumer demand is down. Affordable storage of power from renewables could help the industry grow faster, but has long been elusive.


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Identifying traitors: I cannot wait until Dr. Padeniya presents his point scheme

Tuesday, 21 August 2018

Cause for excitement I am excited! A way of identifying and measuring a traitor is soon to be unveiled; by no less than the President of the GMOA! Hasn’t he also qualified in some department of neurology? All the more reason to justify my excitemen


The evils of translocating wild elephants

Tuesday, 21 August 2018

The subject of translocating wild elephants has been a much-debated topic recently, after the Department of Wildlife Conservation (DWLC), acting on the orders of the Minster for Wildlife, wanted to move the only two wild elephants habituating the Sin


Climate scientists cheating us to a $ 12 b/year economic loss in 2050

Monday, 20 August 2018

Local news media carried the disturbing pronouncement by World Bank economists to the effect that Sri Lanka will become an extremely hot territory with 30C temperature rise and $ 12 billion per year economic loss by 2050.


Singapore miracle – How SL could benefit from trade with Singapore

Monday, 20 August 2018

According to a media report released by President’s Media Division, a committee of experts has been appointed by the President to examine and report on ‘the practical impact and use of the proposed officer policy guidelines and recommendations on


Columnists More