Offshore Pumped Hydro Could Solve Clean Energy's Biggest Problem
- The world's transition to a net-zero future requires vast amounts of long-duration energy storage, a need that current lithium-ion batteries cannot fully meet because they can only store energy for a few hours.
- Traditional pumped hydro storage, while simple and effective for long duration, is hampered by high costs, environmental disruption from massive dams, geographical constraints, and vulnerability to droughts.
- Sizable Energy, an Italian startup, proposes an ocean-based pumped hydro system using inflatable membranes and seawater to create a gravity-based storage solution that avoids land competition, offers flexible deployment, and provides an affordable, grid-stability option for coastal countries.
The global energy storage sector is heating up to be “clean energy’s next trillion-dollar business.” As more nations around the world become increasingly reliant on renewable energies to power their grids and the AI boom pushes clean energy expansion as part of an all-the-above approach to ramping up energy production as fast as possible, energy storage is becoming an increasingly critical component of energy security at local, national, and global scales. Researchers have estimated that a net-zero energy future will require a whopping 6TWh of energy storage.
At present, the energy storage sector is powered by lithium-ion batteries. Lithium supply chains are well established, and the material is affordable while boasting a high energy efficiency rate that performs well in a wide range of temperatures. Major EV companies like Tesla have been increasingly devoting their money and attention to building up energy storage branches as storage has become a more lucrative and stable option. The scale of these lithium-ion battery packs has also been growing rapidly, with mega-batteries gaining serious territory in markets and on the ground.
But while lithium-ion batteries are nearly ubiquitous and have some key advantages, they alone will not be sufficient to maintain energy security and grid stability as the world increasingly electrifies. Even the biggest and baddest lithium-ion battery megapacks can only store energy for up to about four hours. That won’t cut it when trying to match clean energy production demand over days, seasons, and years. Long-duration energy storage will be critical for this aim, but the technology to accomplish this is still in its infancy.
The long-duration battery storage options currently in research and development phases are remarkably diverse, from “us[ing] the Earth as a massive battery” through Geomechanical Energy Storage (GES) technology to suspending enormous weights inside of high-rise buildings in urban centers. But the leading contender for commercially and logistically viable long-duration energy storage is pumped hydro storage.
This approach uses pumps to transfer water uphill, where it is contained until energy is needed on the grid. Then, the water is released to flow downhill, in the process rotating a turbine to create electricity. Pumped hydro is simple and already implemented in various contexts around the world, but it has yet to truly take off because it has some serious downsides. Massive dams associated with pumped hydro projects are hugely costly and environmentally disruptive. Moreover, the efficacy of these projects are threatened by prolonged droughts and lowering water levels driven by climate change. And smaller pumped hydro systems are simply too expensive, as each one has to be designed and engineered for its specific geography.
But an Italian startup thinks that it can build pumped hydro storage systems in an environment where all of these trade-offs can be avoided: the ocean. Sizable Energy has been trying to make this idea a reality since 2022, and is making notable headway. The startup has already done deepwater testing and secured $8 million in seed funding to build an offshore pilot demonstration project just last month.
“We are unfolding the possibility of building the system even before knowing exactly where you are going to deploy,” says Sizable co-founder and CEO Manuele Aufiero. ?“We do that by deploying offshore. Water is the same everywhere.”
The company’s model pumps seawater up and down a pipe attached to the seafloor for a gravity-based storage system. “Inflatable membranes form reservoirs at the bottom and on the surface; from above, it looks like a giant floating donut,” Canary Media explains. “The system connects to the land-based grid, and uses power to pump the brine up through the plastic pipe. Reversing that regenerates power.”
If the pilot project proves successful, this could be a potentially disruptive breakthrough for long-duration energy storage. The ability to deploy energy storage in the oceans would allow developers to side-step issues of land competition and provide a potentially affordable grid-stability solution to the world’s 154 coastal countries.
By Haley Zaremba for Oilprice.com
