links about us archives search home
SustainabiliTankSustainabilitank menu graphic
SustainabiliTank

 
 
Follow us on Twitter

 

Posted on Sustainabilitank.info on April 8th, 2017
by Pincas Jawetz (PJ@SustainabiliTank.com)

from Gelvin Stevenson
6:24 PM (2 minutes ago)

Perryman Thermal Battery—with a Molten Nickle/Iron Core.
Is this the Future of Thermal Storage?


Date: Friday, April 14, 2017
Time: 8:00am – 10:00am
Organizer: Gelvin Stevenson, PhD
Host: Sidley Austin LLP
Location: 787 Seventh Ave. (AXA Equitable Building, between 51st and 52nd Streets), 23rd Floor

Thermal Energy Storage gets not the respect it deserves. But thermal storage has been used for over a century and works extremely well. It has the lowest cost per kilowatt, the smallest volume per kilowatt—or, conversely, the highest energy density—of any energy storage technology.


Perryman Thermal Battery is poised to earn that respect.

Chemical Engineer Virgil Perryman has spent over six years developing and testing his technology. He has been granted two patents and applied for another one. The British Ministry of Defense tried considered his technology in its early years to be used by the British forces in Afghanistan, including a half scaled 13-ton unit that can powered command control for a forward base, a front line surgical unit and radar. They tested it for several years using heat generated by both solar thermal arrays as well as charging from AC or DC sources. The storage unit was then used to generate both heat and electricity as needed.

Mr. Perryman originally build an 30 ton initial prototype in 2010 which stored up to 10 MW of thermal energy and subsequently improved the technology so the same containment could store 29.9 MW of thermal energy and could produce 10 MW hours of electricity and 18 MW hours of thermal energy, idea for situations where heat and power are needed. Currently, a European group (which cannot be named) is testing Perryman Thermal Batteries as back-up generators for wind and other intermittent energy generation sources. After 16 months of testing one system where energy must be stored for over 180 days, the units are preforming flawlessly.

The company plans to start installing its thermal batteries later this year. Mr. Perryman has developed one model about the size of a large home hot water unit; another is about half that size and is targeted for homes in the United Kingdom. The first commercial installation is set for a new green residential development England where construction is about to start.

It’s no surprise that the technology works; it is, after all, based on a technology that’s been around way longer than humans. The battery stores energy the same way the Earth stores energy—making it rather like your ultimate bio-mimicry technology. The earth has a molten metal core that’s over 10,800 degrees Fahrenheit. That’s about as hot as the sun! But the surface of the earth is about 60 degrees F. Why? Because of the multiple layers of refractory material between the core and the surface.

The company uses off-the-shelf magnetic induction to melt the nickel-iron core, which is surrounded by a special shield, which is surrounded by an alumina layer and layer of material very similar to the tiles used on the Space Shuttle tiles, a very efficient ceramic refractory which literally holds the heat in. Then there are more layers of ceramics of different density, all designed to trap the thermal energy, and finally a layer similar to the insulation you would find on your kitchen oven. The outside enclosure can be customized to various applications and for inside or outdoor use. Finally, the unit’s outside layer is warm to the touch (about 90 degrees F) but not hot; rather like the cooling fins on the back of a refrigerator. It is controlled by a touch pad with a remote-control option.

This is a proven technology, going back at least for 100 years. It has been used in the UK and throughout Europe. The Storage units can be safely transported by road, rail or sea, either un-charged or fully charged with 100 tons of molten steel and 29 MW of thermal energy.

It is a global battery, with the core from Austria, thermal transfer system from Germany, the controls from several suppliers including the USA, UK and Japan, and, finally, the closed loop steam generator from suppliers worldwide to allow local servicing and maintenance since it’s the only component with moving parts. While the supply chain may be complicated, the technology is simple.

———————————————————————————–

Register at the GIF Eventbrite page: Greentech Investors Forum
Or contact Gelvin at  gelvin.stevenson at gmail.com.
———————————————————————————–

Perryman Energy Storage Batteries compare very favorably with other battery technologies. They store roughly 10 times as much energy as Elon Musk’s Powerwall lithium-ion batteries (that have roughly a 10kWh storage capacity) and will cost half as much. Moreover, Perryman will offer a 10 year warranty. The company believes, however, that the battery will run 100 years and the steam turbines will last 30 years or more with proper maintenance. The company claims that the core, which is “solid state”, won’t run out; only the control system may need updating with the will the thermostat may have to be replaced periodically. The steam turbine—depending on the brand selected from country to country—can last a half of century without replacement.

In addition, the Perryman Battery bests Lithium Ion batteries because they last longer, are not poisonous, do not start fires and do not pollute.

—————————————————————————–
GIF thanks Investors Circle for its generous support, Geoff Miles, Chino Maduagwu, and Gary Kier for developing and operating GIF’s video, social media and design capabilities, Tonia Popke for her financial expertise, and Jesse Goldstein, PhD, for his continued support.
—————————————————————————–

The original cost will be about $13,500 each. They expect that to fall to about $6,000 each when they get to an annual production level of 10,000 units per year. This cost is way lower than competitors. Perryman Batteries cost $80/kW compared to $600/kW for molten salt, $250/kW for lithium ion, $320/kW for lead acid batteries and $500/kW for flow batteries.

——————————————————————————
Disclaimer: The Greentech Investors Forum (GIF) is not soliciting funds for the presenting companies, nor is it encouraging parties to invest in them. We try to find good companies — not necessarily good investments. They have been advised on what is acceptable in terms of predicted results, but GIF takes no responsibility for what they actually do, say, or how they perform in the future. Gelvin Stevenson works with AgriPower, Inc.
——————————————————————————-

The company is currently working on a plan to offer the DC Metro (the Capitol’s subway system which consumer a huge amount of electricity) a solution that may reduce operating cost to a sustainable level. They are proposing to store cheap electricity during the off-peak periods and resupply during peak periods as well as provide thermal energy for Winter’s heating and drive absorption chiller for air conditioning in the Summers, all while cutting costs by 60%.
——————————————————————————–

Agenda: 8:00 to 8:30 – Networking & light breakfast
8:30 to 9:10 – Virgil Perryman, CEO, on the phone
9:10 to 9:30 – Larry Austin, Esq.
9:30 to 10:00 – Discussion

Security: Security is tight, so please register early. If there is a problem at the Security Desk, please contact Gelvin Stevenson at 917-599-6089.

Fees: $50, payable ahead of time or at the door. Cash or checks and credit cards accepted.

$25 for call-in. Registered call-ins will be emailed the call-in numbers and, if available, the slides to be presented.
$20 for students and faculty

To register, visit Greentech Investors Forum, the Eventbrite site above, or send your contact information to Gelvin Stevenson at  gelvin.stevenson at gmail.com or 917-599-6089. Please contact Gelvin If you have questions or need more information.

Bios

Virgil Perryman is the founder and inventor of Perryman Technologies. Virgil has had an extensive career that has culminated in the development of key patents in the areas of collection, storage, and application of thermal energy. These patents protect the technology used in the Perryman Troughs, Dishes, Perryman Micro Panels, Perryman Battery™, Non-Combustion Gas Turbines and the many globally important applications of these technologies.

Virgil’s technical specialty is the science of how elements behave and interact at very high temperatures. This has led to the ultimate energy storage system; the Perryman Battery™, which uses metal with high heat capacity in its molten state and can store in the larger batteries billions of joules of energy. Further, it can store this energy for months if not years until required. Virgil has also developed a reflective film that captures energy from both visible light and thermal from the infrared spectrum that can heat the metal in the battery to around 1650oC. Virgil’s full spectrum collectors can operate economically in nearly all locations globally, and certainly in many areas of the planet where conventional solar thermal and PV just does not work. This technology can be used to provide clean, renewable, low-cost energy for electricity, heating, cooling, water management, transportation, food and material production and many other applications which will have a positive impact on nearly every aspect of human life.

Sector Expert Larry Austin has an extensive history of corporate financings as well as merger and acquisition activity, both in the US and abroad. He has worked extensively in China, and has conducted due diligence on dozens of portfolios of distressed bank loans and other assets in China, Hong Kong, Korea, and Indonesia.

He has been instrumental in the development of several new financing structures, from credit enhancement work in the New York capital markets, to zero-coupon loan facilities in London and New York. He has worked extensively as a corporate lawyer, consultant and lecturer in the fields of technology start-ups (robotics, telecommunications, materials applications and AI) and commercialization of low-earth orbit activities, and served on the Commercial Advisory Subcommittees for NASA.

One of the most experienced lawyers in the field of Section 17 Corporate charters issued by the US Government to Native American Tribal Governments which enable such bodies to engage in commercial activities worldwide in a non-taxable vehicle, Mr. Austin also has experience in trademarks and copyright protection disputes. In this regard, he represented US based group of International Association of Motion Pictures Exporters, Porsche and other companies.

Larry Austin received his Juris Doctor degree from Harvard Law School.

===================================

Be Sociable, Share!

Leave a comment for this article

###