Startup Aims to Store Renewable Energy in Ocean Depths with Saltwater System
A new startup is adapting pumped hydro storage for ocean environments using salt concentration gradients. Sizable Energy’s technology could provide long-duration energy storage at approximately one-tenth the cost of grid-scale batteries, according to company reports.
Ocean-Based Energy Storage Solution
A startup called Sizable Energy is developing a novel approach to energy storage by adapting traditional pumped hydro technology for marine environments, sources indicate. The company recently secured $8 million in funding led by Playground Global with participation from several venture firms, according to TechCrunch reports. The technology aims to address the growing need for long-duration energy storage as renewable energy sources like wind and solar become more prevalent.
