Phelas

Renewable Energy is the cheapest source of electricity in history, but can not provide 24/7 reliable electricity alone without risk of blackouts. There is a dire need for both long duration energy storage, especially in co-located settings, and a broader understanding of energy storage economics.

Phelas is developing a modular long duration energy storage system to harness solar and wind power even when the sun is not shining and the wind is not blowing. The company's Aurora Liquid Air Energy Storage (LAES) system transforms renewable energy sources into a stable, around-the-clock power supply. Meanwhile its software solution, Catalyst, serves as a decision enabler helping energy leaders understand risk and profitability of energy storage to make smarter, greener decisions.