Home Smart 100 2012 ZEN Energy Storage System (SMART 100)

ZEN Energy Storage System (SMART 100)

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The following SMART 100 profile and the information it contains is a duplication of content submitted by the applicant during the entry process. As a function of entry, applicants were required to declare that all details are factually correct, do not infringe on another’s intellectual property and are not unlawful, threatening, defamatory, invasive of privacy, obscene, or otherwise objectionable. Some profiles have been edited for reasons of space and clarity. More about the SMART 100.

ZEN Energy Storage System (SA)

This innovation initially came to life when…

The ability to optimise the power grid and manage peak loads through accessing stored solar energy sources has the potential to save utilities, commercial and residential customers billions of dollars.

WHAT & HOW

The purpose of this innovation is to…

Demonstrate that it is possible to develop large-scale highly efficient storage systems which can then be manufactured at scale to make solar technologies more competitive.

It does this by…

  • Resolving intermittency load management issues for solar farms
  • Providing residential load shifting capability so that households can manage “time of use” metering and draw low-cost power when available from their solar energy systems
  • Assisting utilities to optimise/balance the grid through accessing stored solar energy sources.

PURPOSE & BENEFITS

This innovation improves on what came before because…

The proposed innovation is the marrying of a complex, energy algorithm-based software to “dumb” batteries, which elevates low-cost storage technology to the performance and control levels required by utilities and solar project developers. Known as an Active Battery System, this software vastly increases the performance of the “dumb” batteries with the ability to now support base load power.

Its various benefits to the customer/end-user include…

  • Providing residential load shifting capability so that households can manage “time of use” metering and draw low-cost power when available from their solar energy systems
  • Assisting utilities to optimise/balance the grid through accessing stored solar energy sources.

COMPETITIVE LANDSCAPE

In the past, this problem was solved by…

The ZEN solution is world first as large-scale storage solutions have not been technologically available in the past. These innovative systems will represent a significant step forward in the application of the technology globally and will resolve many of the major hurdles faced by the solar energy industry globally.

Its predecessors/competitors include…

N/A

TARGET MARKET

It is made for…

The ZEN storage solution is targeted at large-scale utilities and businesses.

DISTRIBUTION STRATEGY

It is available for sale through…

ZEN intends to manufacture these storage systems in Australia for domestic and international sale. Potential commercial opportunities from this project are significant.

Our marketing strategy is to…

Develop large-scale prototype systems and prove them at scale.

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