Energy company, Peak, debuts the inaugural grid-scale battery storage system in the United States, utilizing sodium-ion technology.
Peak Energy Unveils Revolutionary Sodium-Ion Battery Storage System
Peak Energy, a US-based company founded in 2023, has made a significant stride in the energy storage market with the launch of its sodium-ion battery energy storage system (ESS). This innovative system, featuring a patent-pending passive cooling design, promises to lower energy storage costs and establish the US as a global leader in the battery market.
The system's passive cooling design eliminates all moving parts related to active cooling and ventilation, reducing auxiliary power consumption and removing complex components that are common failure points and fire risks in traditional battery systems. This approach not only increases reliability but also reduces operating and maintenance costs.
Safety is another key advantage of Peak Energy's ESS. The sodium-ion phosphate pyrophosphate (NFPP) chemistry used has inherently safer, less flammable components compared to lithium-ion cells. This reduction in fire risk is over 85%, thanks to the removal of traditional balance-of-system parts prone to fires.
Operating effectively between -40°C and +55°C without requiring auxiliary cooling, the system is suitable for harsh environments. It also boasts cost-effectiveness, with testing demonstrating operational cost savings of at least $1 million per gigawatt-hour installed annually. Over its lifetime, the system has about 20% lower costs and 33% less battery degradation compared to lithium iron phosphate (LFP) batteries, enabling longer service life.
Peak Energy's ESS is commercially available and ready to scale, with production in the US planned to start in 2026. The system, the largest sodium-ion phosphate pyrophosphate (NFPP) battery system in the world, is the first grid-scale sodium-ion storage solution ever deployed to the US electric grid.
The company's founders include industry veterans from Tesla, Enovix, and Apple. For more information about Peak Energy, visit their website at www.peakenergy.com. The media contact for Peak Energy is Inkhouse for Peak Energy, who can be reached at [email protected].
Peak Energy's commitment to developing grid scale battery supply chains is on track. The company is on track to fulfill its commitment to develop grid scale battery supply chains, with its first U.S. cell factory under development.
Performance testing of Peak Energy's ESS has indicated record-level cost-savings and reliability for the industry. The new battery energy storage system from Peak Energy removes components implicated in the vast majority of battery storage system fires analyzed by independent third-party reports.
For the original content of this press release, visit https://www.prnewswire.com/news-releases/peak-energy-delivers-first-grid-scale-sodium-ion-battery-storage-system-in-the-us-302519228.html.
[1] Peak Energy Technologies. (2023). Peak Energy Delivers First Grid-Scale Sodium-Ion Battery Storage System in the US. [Press Release]. Retrieved from https://www.prnewswire.com/news-releases/peak-energy-delivers-first-grid-scale-sodium-ion-battery-storage-system-in-the-us-302519228.html
[2] Peak Energy Technologies. (n.d.). About Us. Retrieved from www.peakenergy.com
[3] Peak Energy Technologies. (n.d.). Sodium-Ion Battery Energy Storage System (ESS). Retrieved from www.peakenergy.com
[4] Inkhouse. (n.d.). Contact. Retrieved from www.inkhouse.com
[5] Cision PR Newswire. (n.d.). About Us. Retrieved from www.prnewswire.com
- The new sodium-ion battery energy storage system (ESS) from Peak Energy promises to lower energy storage costs, making it a significant stride in the data-and-cloud-computing industry that relies heavily on secure energy.
- The cloud-computing sector may benefit from the improved performance of Peak Energy's ESS, due to its innovative passive cooling design that reduces auxiliary power consumption and operating costs.
- The announcement of Peak Energy's ESS has attracted attention in the finance and technology sectors, as the system presents a safer alternative to traditional lithium-ion cells, with over 85% less fire risk.
- The deployment of Peak Energy's ESS to the US electric grid marks a milestone in the energy industry, signifying a shift towards more efficient and cost-effective storage solutions powered by sodium-ion phosphate pyrophosphate (NFPP) chemistry.
