ElectriStor™ Core Innovation
The unique benefits offered by our ElectriStor™ product platform are a result of quantum improvements in cost and performance over earlier liquid based energy storage systems. These improvements are based on proprietary ElectriStor™ technology components discussed on the Technology Platform page. Application benefits are also detailed on the Product page and are based on a number of proprietary innovations unique to the WattJoule ElectriStor™ platform.
WattJoule has a three-generation ElectriStor™ product platform that incorporates vanadium in Gen1 and then transitions to more advanced, non-vanadium chemistries in Gen2 and Gen3. Many of the core hardware innovations of our Gen1 platform can be applied to future generations of flow battery technology.
The basis of our improvements is a core set of innovations based in turn on recent advances in electrochemical energy storage technology (redox flow batteries), electrochemical power generation technology (fuel cells) and advanced nanomaterials engineering. Our innovations are based, in part, on a world-class energy storage R&D effort. From this effort, we have exclusively licensed technology that we are commercializing as the ElectriStor™ platform.
ElectriStor™ Foundational R&D Effort
The basis of our improvements is a core set of innovations based in turn on recent advances in electrochemical energy storage technology (redox flow batteries), electrochemical power generation technology (fuel cells) and advanced nanomaterials engineering. Based on this collective set of innovations, introduction of our Generation 1 product to the market provides WattJoule with a strong and defensible competitive advantage in both cost and performance over many existing electrical energy storage platforms for the stationary market. Our technical team has pioneered these innovations by combining advanced design approaches, new materials and cumulative experience in these fields.
Below is a summary of the key ElectriStor™ metrics as they compare to current vanadium redox battery system metrics in the market today. The metrics are indicated for each of our three platform generations where Gen1 is our vanadium-based chemmistry. Gen2 and Gen3 are based on non-vanadium chemistries.