By Danielle Fong (Co-Founder & Chief Scientist, LightSail Energy)
Editor’s note: LightSail Energy’s Danielle Fong will be speaking on February 14 at Women 2.0 PITCH Conference & Competition at the Computer History Museum in Mountain View, CA. Get your ticket here!
I’ve lived a lifetime this year. It sometimes feels as if so much is happening that one can feel however one chooses. Yet, sometimes, life gives you so much to feel happy about you can’t help but be overwhelmed with a feeling of gratitude.
We’ve launched our new website, and finally revealed the technology that we’ve developed and we think is going to change the world — regenerative air energy storage!
LightSail set out to prove that the science of our regenerative air energy storage concept works, and we have answered that challenge with a triumphant yes!
We built an industrial scale machine by modifying a commercial natural gas compressor. We changed the cylinder head, added nozzles, replaced valves to allow reversibility, coated the surfaces to prevent corrosion, and threw our minds and hearts at the problem of showing that our approach could dramatically increase the efficiency of compressed air energy storage. Without water spray, and without burning natural gas, previous attempts at storing energy in compressed air topped out at less than 50% thermal efficiency — ok for a backup system, but not enough to change the world.
This year, we aimed at greater than 80% thermal efficiency, at a high RPM (and therefore power), to show that unlike what people had assumed, high efficiency does not mean sacrificing performance. We met or exceeded all our technical targets — demonstrating record breaking performance at the same time as record breaking thermodynamic efficiency — conclusively demonstrating our water spray heat transfer idea behind our regenerative air energy storage concept is effective at industrial scale.
We presented to Bill Gates, a limited partner in the fund that invested in us. He was super excited by the potential of our project — that if we hit our targets it would change the world. We spoke before hundreds of policy makers and energy executives, and helped instate groundbreaking legislation supporting energy storage in California. We have settled on our ultimate product architecture and design — a huge accomplishment.
We’ve got a long way to go, but our models predict our experimental results within 5% RME accuracy, so we have some real confidence that it will hit all our hoped for technical specs. We truly defined our market and value proposition. We’re aiming to make renewables plus energy storage a better and less expensive way to provide high value peak power than what the conventional sources — natural gas peakers, diesel gensets, and extra transmission wires – can muster. This is an utterly enormous market; at least a trillion dollars in size over the next couple decades.
We’ve found that we’re uniquely positioned to reach that target, providing the lowest levelized cost of dispatchable electricity of any source, way ahead of our competitors. But most of all, we’re excited about changing the world. Not only does energy storage make a renewables based grid possible, it also makes it economical. That’s the key to changing the world!
We’ve been working hard to uncover the greatest, most urgent opportunities for energy storage worldwide, and the opportunities we’ve turned up are simply massive. Energy storage is just what’s needed in places as diverse as Hawaii, Texas, Ireland, California, Paris, Denmark, Iceland, Nova Scotia, New York City, Australia, Chile, Dubai, India, and Subsaharan Africa. The scale and diversity of opportunities were astonishing. The most amazing thing? The willingness of governments to put their feet forward and most towards a future that’s right. We have been cynical; we believed that only once we had a full product, a long history, and economic parity under the most conservative of assumptions would governments move. We were proven wrong. Governments are leading the world into a clean future of energy. It’s utilities that are pushing back!
Take Iceland — a country of stark beauty. More than 80% of the country’s electricity is exported in the form of aluminum — the processing of which is one of the most energy intensive for any widely used material in the modern world. This single industry represents 40% of the Icelandic economy.
Essentially 100% of their grid electricity comes from their amazing geothermal and hydroelectricity resources, and an enormous amount of their heating comes from geothermal cogeneration. Iceland is a land of abundant green energy.
There’s a catch, though. Transmitting power across the sparse, weatherbeaten land is an expensive, unreliable proposition, where remote locations risk being knock completely off-grid with each storm. This is worse than it seems — if power is cut to aluminum smelters, the aluminum freezes, severely damaging the equipment. To backup the geothermal and hydro plants, then, industries have had to co-locate with diesel gensets — hardly a solution in light of the self reliance and environmental commitment of the Icelanders. We intend to replace these gensets completely. But we can do a lot more.
Low-temperature geothermal heat is available nearly everywhere in Iceland, and we can harness it. By expanding air at a higher temperature (and therefore pressure and volume) than when it was compressed, we get more mechanical energy out than we needed to compress it. This allows us to convert heat energy into mechanical energy, and from there, electricity. So instead of sitting idly like backup diesel gensets, our machines can be producing clean, geothermal energy, constantly; leaving the compressed air available for bursts of power when the grid fails.
So, we met with Iceland’s Minister of Energy — a former thermodynamics professor at Lund University, who bemoaned parliament’s inability to understand the concept of exergy.
“We have therefore ‘rebranded’ our efforts. From now on, we have an initiative in ‘energy quality management.’ This they understand.”
He understood the implications of an economical energy storage and geothermal electric generator immediately, and urged us to consider a project in Iceland. This is exactly the sort of progressive movement that governments are making and utilities resist. But we will overcome their skepticism! Stay tuned.
To top it all off, we received coverage from none other than Forbes Magazine. I am honored to be highlighted as the standout in the field of energy in the Forbes 30 under 30 ranking! My extended family is finally less suspicious of my dropout ways. What a relief! I had a wonderful time at home with my brothers and little cousins and found to my amazement that my family had founded four businesses between us since we last visited. I guess it’s in the genes.
This year looks to be even better. It feels like we’re reaching escape velocity.
I am honored to have been elected a mentor for the Thiel 20 under 20 Fellowship. These kids aren’t waiting to change the world, they’re just going out and doing it — I am so excited to be working with them!
I have been tapped to judge the Nova Scotia Cleantech Open, remarkable not only for being in my home province, but also for its amazing quality, rigor, and prize money ($100k free money with $200k of seed investment available.) I’m joining Matthew Nordan, of Venrock and Lux Research, whose work and judgement I have always admired greatly. His “The State of Cleantech VC is already a classic in the field.
We’re working full-speed on our product and technology, and are rallying allies across the planet to realize a wonderful number of as yet unannounced projects and partnerships.
Last year was an amazing year, but I have a feeling this one will be even better.
I am so happy to be alive at this moment in history. Great things are afoot. The winds are changing.
This interview was originally posted at Danielle Fong’s blog.
Editor’s note: Got a question for our guest blogger? Leave a message in the comments below.
About the guest blogger: Danielle Fong is Co-Founder and Chief Scientist at Lightsail Energy, a green energy startup that’s harnessing compressed air to allow intermittent renewable energy sources, like wind and solar, to reliably and economically power the world. She is an honors physics and computer science graduate of Dalhousie University, earning a university medal at 17, and performed graduate studies at Princeton’s Plasma Physics Lab. She publishes essays online at DanielleFong.com. Follow her on Twitter at @daniellefong.