Independent board with range of expertise.
Building the sustainable energy storage supply chain.
Partners, consultants memberships
Proven record of operational experience.
Vanadium mining & energy expertise.
Principles of honesty, integrity and ethics.
Disruptive Technology for Energy Storage to Steel Production
Progress of global deployment targeting cashflow and commercialization (Optioning, Licensing, Royalties and more)
Vanadium, Iron and Titanium recovered from Multiple Sources Efficiently and Sustainably
Development VTM Resource with 22.5km Geophysical Footprint
Former Crown Asset With Over 60yrs of Development next to Blackrock Metals Proposed VTM Mine and Concentrator
Copper Gold Exploration Projects and Royalties Available For Option or Sale
The Future of Sustainable Energy
Reusable and Lowest Cost Battery Electrolyte without Carbon
Current Demand and Price for Vanadium
Our latest press releases
Latest Vanadium Industry Developments
Sustainable Energy, Development, and Innovation
Conventional & Emerging Applications
VRB Stock Fundamentals
General Investment Information
Frequently asked Questions and Terminology
Extensive Compendium of most Relevant Research
Corporate Presentations & Global Directory
BELLEVUE, Wash., Nov. 13, 2017 (GLOBE NEWSWIRE) — Today Primus Power (“Primus”), a leader in stationary energy storage systems, and Puget Sound Energy (“PSE”), Washington state’s largest utility, announced the installation of a stationary energy storage system at one of its renewable generation facilities.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/c0226b51-1a0b-4b5a-9bc9-408a436b5112
The flow battery system, a Primus EnergyPod® 2, was installed in September 2017. Primus received partial funding for the installation through the Technology Innovation Project grant from the Bonneville Power Administration and the Office of Electricity Delivery and Energy Reliability at the U.S. Department of Energy (“DOE”).
“Our customers value the environment and so do we, so PSE is investing in clean energy and new technologies to provide a sustainable future for everyone,” said PSE Director of Strategic Initiatives Roger Garratt. “Energy storage systems, like the one installed by Primus, increases our understanding of clean energy. They will also allow us to evaluate cost savings that battery systems offer to our customers.”
Dr. Imre Gyuk, Director of Energy Storage Research at DOE’s Office of Electricity, puts grid-tied electrical energy storage in perspective: “The traditional grid works as a one-way flow from generation to load, and it is relatively predictable. Adding renewable energy to the grid will introduce fluctuations, but the energy storage systems buffer this variability, allowing easier integration of renewables. In particular, long duration storage is becoming an attractive alternative to deploying back-up diesel generators, allowing deferral of new substation construction.”
Primus has been working with PSE for several years. “We are incredibly fortunate to work with a forward thinking utility like PSE”, remarks Tom Stepien, Primus Power’s CEO. “PSE is the Pacific Northwest’s largest utility producer of renewable electricity, and America’s third-largest utility generator of wind power. They are a perfect partner for Primus: our multi-year relationship has increased our understanding of real-world renewable projects and helped strengthen our products and team.”
About Primus Power
Primus Power is a California-headquartered provider of low-cost, long-life and long-duration energy storage systems. The Company’s flow batteries are shipping to U.S. and international commercial/industrial, data center, microgrid, utility, and military customers. With technical innovations protected by 40 patents in 11 countries, the Company’s EnergyPod systems offer exceptional reliability, modularity, and energy density at an industry-low total cost of ownership. www.primuspower.com. Also follow us on Facebook and Twitter.
About Puget Sound Energy
Puget Sound Energy is proud to serve our neighbors and communities in 10 Washington counties. We’re the state’s largest utility, supporting 1.1 million electric customers and 800,000 natural gas customers. For more about us and what we do, visit pse.com. Also follow us on Facebook and Twitter.
Continue reading the full story here >>