Derecho Energy Storage Inc.
Semiconductors - Calgary, Alberta, Canada
Derecho Energy Storage Inc. Employees
Derecho Energy Storage Inc. Senior Management
Derecho Energy Storage Inc. Details
Derecho Energy Storage Inc. is an Alberta based renewable energy corporation focused on developing innovative, low cost, earth based technologies for Long Duration Energy Storage (LDES).LDES is a critical technology required to solve for the intermittency of Variable Renewable Energy (VRE) generation, such as wind and solar. Without the ability to store days and weeks of energy at low cost, it will be impossible for VRE's to completely decarbonize the electricity grid and meet our collective climate goals.Commercial Goal: To take energy generated by renewables from a time when the marginal value is low, to a time when the marginal value is highTarget Customer: Utility scale generators looking to improve the economics of wind and/or solar generation and transmission operators seeking grid scale energy storage technologies as a solution to congestionTarget Market: Initially, to eliminate Simple Cycle gas, or "peaker plants", from the generation mix
