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Teraloop was nominated on March 23rd 2017 amongst the EnergySpin Top 30 Most Promising Energy Startups by Vaasa Entrepreneurship Society VES at the 2017 edition of Vaasa Energy Week. “Vaasa Energy Week captures the talent and technology in Finland’s energy…
We aim to produce the world’s largest, cleanest and most economical kinetic energy storage system for power grid operators. Until now, no other solution has been available to solve national-scale energy storage, control and security requirements.
Our innovation will enable countries to adopt renewable energy as a primary energy source, whilst maintaining demand-responsive grid output. This innovation could significantly reduce reliance on fossil fuels at a national scale.
Teraloop kinetic energy storage manages the grid in real-time by balancing grid load and this significantly improves the grid and production efficiency. At low energy demand times, power stations can operate on constant production speed.
The storage capacity of Teraloop provides a real solution to one of the greatest challenges facing the renewable sector - of balancing supply and demand cycles. It offers a step change in the viability of large-scale sustainable energy deployments without any need for public subsidies.
Teraloop storage solution increases the proportion of wind and solar power that can be harnessed by public grids. Isolated off-grid networks can operate without the need for fossil fuels at times of low supply.
Teraloop's technology is the world first scaleable, 10-100MW class energy storage. Teraloop and future smart energy grids are the key elements to a stable and predictable energy market.