IONN GLOBAL
There are several approaches to storing electricity using rechargeable batteries today, including lithium-ion (Li-ion) batteries. However, the lifespan of lithium-ion batteries depends on many factors, such as ambient temperature, charge level, charging and discharging frequency, as well as battery construction and performance. As a result, the battery capacity may decrease over time, reducing its lifespan.
Sealed lead-acid (VRLA) batteries are also commonly used to store solar energy. They are the most common type of battery for storing solar energy due to their reliability, longevity, and relatively low cost. However, they have a limited charge/discharge cycle.
All batteries, including lithium-ion, can heat up during operation and cause harm to the environment.
In 2018, based on preliminary research by one of our team's founders, we created solution to common challenges in Energy storage, namely:
1.Environment friendly;
2.Safe to use;
3.Fast energy accumulation and delivery;
4.Durable and reliable for 10 years or more;
5.Low level of self-discharge;
6.Withstanding any load and operating conditions;
7.Accessible to both private consumers and energy companies;
8.Easy to use;
9.No heat generation during usage;
10.Capacity and other performance indicators deteriorating over time.
IONN battery resolevs the following problems:
1. Irregular electricity production. One of the main problems of energy systems is the need to balance electricity supply and demand, especially during peak demand periods. A high-quality energy storage can be used to balance supply and demand, storing excess energy produced during low demand periods and providing it during peak demand periods.
2. The need to increase network capacity. Increasing the capacity of networks can lead to problems with overload and energy loss. A high-quality energy storage can be used to reduce the load on the electrical grid, reduce energy losses, and increase the efficiency of the energy system.
3. The need to reduce energy system costs. A high-quality energy storage can be used to reduce energy system costs, for example, by reducing the cost of energy during low demand periods and increasing it during peak demand periods.
4. The need for backup power. A high-quality energy storage can be used to provide backup power in case of power outages. This can be particularly important for critical facilities such as hospitals, airports, industrial plants, etc.
If our battery is used in gas (or oil) power plants that experience a shortage of gas or fuel during the day and an excess at night, while fuel consumption exceeds demand in the evening and morning, our batteries can reduce fuel consumption by up to 30%, compensating for peak loads and putting the plants into maximum efficiency mode. For example, if we take a gas (or oil) power plant with a capacity of 75 megawatts and install our battery, we can save fuel costs that are twice the cost of installing and operating the battery. The approximate fuel savings can be 20-30%.
IONN battery can smooth out energy spikes, resulting in fuel (or gas) savings of 20-30%, which can sometimes amount to hundreds of millions of dollars, and most importantly, reduce harmful emissions.
