Draft:Elestor



Elestor B.V.
Company typePrivate
IndustryRenewable energy
Founded2014
FounderWiebrand Kout
HeadquartersArnhem, the Netherlands
Key people
  • Guido Dalessi (CEO)
  • Wiebrand Kout (Founder & CTO)
  • Hylke van Bennekom (COO)
  • Pieter Pijper (CFO)
ProductsHydrogen Flow battery
Number of employees
60
Websiteelestor.com

Elestor B.V. is a Dutch company established in 2014, specializing in the development and implementation of large-scale, long-duration energy storage (LDES) solutions utilizing hydrogen-based flow batteries. The company's technology employs an electrochemical process, where two active materials are separated by membrane stacks, enabling the movement of protons to store and release energy during charging and discharging cycles. Elestor's batteries are designed to be efficient, scalable, and cost-effective, offering solutions that can be deployed globally to meet the increasing demand for renewable energy.[1] The technology can store energy for durations ranging from 8 to over 100 hours, which is crucial for stabilizing power grids and optimizing the use of wind and solar energy. By addressing the intermittency of renewable energy sources, Elestor's long-duration storage solutions facilitate the integration of renewable energy into the grid, contributing to a stable and reliable energy supply.[2]

Elestor's technology has the potential to serve as a substitute for fossil fuel power plants at a gigawatt-hour (GWh) scale, functioning as "bi-directional power plants."[3] Designed for large-scale, long-duration energy storage, this technology aims to play a role in the energy sector comparable to that of lithium-ion batteries within the mobility industry. By facilitating the large-scale storage and distribution of renewable energy, it offers a sustainable alternative to conventional power generation methods, supporting the transition to cleaner energy sources.

Elestor has secured investment from notable entities such as Equinor, Vopak, and Koolen Industries, as well as climate-focused investment funds and government bodies committed to advancing sustainable technology. These partnerships have facilitated the company's growth and contribution to the global energy transition. In recognition of its innovation, the Amsterdam Centre for Business Innovation at the University of Amsterdam named Elestor as one of the ten most innovative companies in the Netherlands. The company has successfully completed several pilot projects and is preparing to launch its first commercial products by 2025, with a focus on long-duration energy storage solutions.[4][5]

  1. ^ Chunduri, Shravan (2023-09-29). "Award-Winning Hydrogen Bromine Flow Battery From Elestor". TaiyangNews - All About Solar Power. Retrieved 2024-10-11.
  2. ^ "EleStor timeline by IDTechEx". IDTechEx. Retrieved 2024-10-11.
  3. ^ "Bi-Directional Power Flow: The New World Order and What That Means for the Grid - IEEE Smart Grid". smartgrid.ieee.org. Retrieved 2024-10-11.
  4. ^ "Elestor".
  5. ^ "Elestor". Elestor. Retrieved 2024-10-11.