Faraday Grid Ltd are developing an entirely new technology, the Faraday Exchanger, to address short term volatility and frequency, which when deployed across the electricity grid will enable significantly greater integration of renewable energy; increased grid stability and resilience to cyber attack; as well as contributing to reduced cost of energy for consumers.
In late 2017 we will launch our at scale prototype of the Faraday Exchanger.
the Faraday GRID is Not another smart grid
The Faraday Grid is an autonomous, responsive, electrical meta-network, agnostic to generation and consumption, with its own inertia, enabling more productive, resilient and stable electricity transfer.
Put more simply, it is the network effect of the deployment of multiple Faraday Exchangers throughout an electricity network.
the faraday exchanger: more than simply a "smart transformer"
The Faraday Exchanger is a single hardware device designed to address volatility at sub-second level.
It is a managed, high speed, power flow control device that dynamically maintains target voltage, frequency and power factor efficiently over a range of operation.
Watch our video below explaining the concept and role of the Faraday Exchanger:
In every era in the history of humanity, innovation and development has been implemented in all areas to simplify the functioning of operating systems and ultimately, increase efficiency and boost productivity. The Faraday Exchanger builds on the work of key physicists and mathematicians by going back to fundamental principles. This article gives an overview of the most significant scientific breakthroughs leading up to The Faraday Exchanger.
Electrical load is the component in a circuit that draws or consumes power as opposed to providing it. On a small scale, such as a torchlight, load can be the lightbulb. In a consumer’s home, load is determined by multiple factors, such as the type of devices being used, the frequency of their usage, and the time of day or year. The daily minimum level of electricity demand is known as the “baseload”. “Peak load” is the amount of electricity needed when demand is at its highest. As different energy technologies have inherently different mechanical features, baseload and peak load demands are typically supplied by different types of generation plants.
Intermittency is an essential implication of the differences of utilising renewable and non-renewable energy sources, which leaves non-renewable energy sources with a key advantage over renewable ones.
The Emergent Transactional platform is a system of control that balances supply and demand across the entire energy system, using price as the key operational mechanism. It is built on an integration of software with patented Faraday Grid technology. The Faraday Grid technology underpinning the platform allows greater amounts of renewable generation to be used by removing some of the most significant electrical constraints within the grid.