Shell Offshore Inc. announced its commitment to a new offshore project in the Gulf of Mexico. The Dover project, which will be attached to Shell’s Appomattox production hub, is expected to begin production by the end of 2024 and produce up to 21,000 barrels of oil equivalent per day at its peak.
A Sodium-ion Battery developed by Malta Inc
A sodium-ion battery proposed by Malta Inc. The energy storage company incubated at The Moonshot Factory (formerly Google X Labs) until the end of 2018, is currently lagging behind its competitors in long-term energy storage. However, with a group of investors among the world’s most famous billionaires, including Jeff Bezos, Bill Gates, Mark Zuckerberg, Richard Branson, Jack Ma and Michael Bloomberg. It is very likely that Malta Inc will succeed in developing its sodium-ion battery.
A Sodium-ion based thermal battery
Malta Inc. is exploring a new avenue for long-term storage with its pioneering use of heat-trapping sodium, says Energy Storage News. Malte’s process uses renewable electricity to power heat pumps that store heat in molten salt and cold in a refrigerated liquid. If necessary, a heat engine converts the temperature difference between the stored heat and cold into electricity. According to the company, the technology can store energy for more than six hours and be charged thousands of times before its performance degrades. The simplicity of its materials – salt, steel, antifreeze and air – gives the system an estimated 20-year life span.
The need for long-term storage systems in the future
Huge amounts of low-cost, long-term energy storage will be needed if the global power system is to operate primarily on intermittent renewables-to provide carbon-free stored energy when the wind doesn’t blow and the sun doesn’t shine.
Sodium-ion battery solution Malta
Malta Inc will work with industry partners to transform the detailed designs developed and refined at X into industrial grade machines for its first pilot system. The Malta system can store electricity for days, even weeks, until it is needed, PR Newswire says. Electricity can come from any source (wind, solar or fossil fuels) and from any location. Malta has the potential to make existing investments in fossil and renewable energy generation more productive, while significantly improving the stability and resiliency of the electricity grid.
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