NovAccess Global Inc (XSNX)

[SolarGuy1977]

Will, all of the above at some level, but I primarily have in mind utility scale storage that will allow solar and wind farms to even out their distribution. Flow batteries show the most promise and reports are floating around out of Harvard of a flow battery that will only add $0.01 per kWh to the cost of energy distributed.

Others envision storage at local levels (both community and individual) which better fits distributed energy generation models. At this scale batteries are typically integrated. The benefits are numerous, but reducing demand charges is a primary financial factor for commercial customers.

Enough energy falls on the Earth in one day to provide the energy needs of the planet for 27 years! Both solar and wind fail to eliminate traditional power plants because the available energy production does not always match nicely with customer use. Batteries/energy storage allow utilities to store energy when it is available and add it to the grid to cover periods of low energy production (night) and/or high energy use.

Tom should put his talents to work assembling a team of scientists to develop a viable storage technology.....there are plenty of folks out there to install the stuff. The storage market is expected to reach $2 Billion by 2018 (I feel that is very conservative). There is currently less than 300MW of energy storage in place globally.....by 2020 that figure is projected to be 9GW!