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Teraloop is now a member of Cleantech Finland. This organization, operated by Finpro, defines itself as a network for top cleantech companies and experts. We are glad to have joined this great group, and we are looking forward for further collaboration. Teraloop’s…
Technology Academy Finland has recently featured Teraloop in its online publication “Innovators’ Finland”. The online publication’s aim is “to report on the highlights of the Millennium Technology Prize and to present news of Finnish innovations and the latest technological solutions”….
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 kinetic energy storage is the world first terawatt class energy bank. Teraloop and future smart energy grids are the key elements to a stable and predictable energy market.