Anesco and OXIS to Release LiS Battery Storage by 2016
Anesco Ltd. has partnered with OXIS Energy Ltd., in order to advance the growing renewables market in the UK. The collaboration will demonstrate the strengths of OXIS Lithium Sulfur (LiS) technology and calls on Anesco's expertise as a leader in the field of battery storage for commercial and residential renewable installations. The new battery storage units will be available for installation from 2016. Developed in the UK, OXIS' LiS technology offers many advantages, including enhanced safety and reliability, improved environmental impact and ease of install as it is the lightest battery technology available.
Adrian Pike, Anesco CEO, said, "We're delighted to be working with OXIS. The team has developed this innovative technology right here in the UK and we believe it has fantastic potential. As a company, we are always focused on bringing the latest technologies and methods of best practice to our customers and continue to be first to introduce and model how such innovations can work."
He added: "Storing energy and alleviating the strain placed on the grid, particularly at peak times, is a critical part of creating an electricity network that will support the needs of customers - both homeowners and businesses - as we decarbonize the UK electricity network. The design of effective storage solutions supports the growth in new technologies, such as renewables, by providing the flexibility needed to be able to match generation to supply."
According to Huw Hampson-Jones, CEO of OXIS, "The development of effective energy storage solutions remains a key driver in achieving grid parity. As the OXIS technology becomes commercially available, it will contribute significantly to grid parity of renewable installations such as solar PV and is a major shift in how energy is produced and consumed, as it reduces CO2 emissions whilst reducing electricity bills at the same time."
He added: "Storage systems using lithium ion technology, such as the much publicized Tesla Powerwall, are limited by a technology that only achieves small incremental improvements each year. Such manufactures will want to improve performance, safety and cost of their products, so we expect that they will also switch to OXIS's technology in the next few years."
This project complements the increasing number of customers adopting LiS battery technology - including Electric Vehicles, Defense and Marine applications.