the faraday grid
Faraday Grid is a unique response to the energy trilemma, contributing to all three challenges without the trade-offs associated with other solutions.
The principles behind the ubiquitous transformers that manage the voltage on our power networks date back over a century. They were designed for a hub and spoke system, where flexible power was generated at the centre and delivered to end users on the periphery.
Today’s energy system is different. Over the past 20 years, in response to climate change, renewables such as wind and solar have been incentivised. These are variable, non-dispatchable, asynchronous and distributed throughout the network. In addition end user energy demand has become far less regular.
This leaves our power systems increasingly volatile and inefficient. It demands a rethink of how we regulate the flow of electricity, specifically a reinvention of the transformer into something smarter and more dynamic. The Faraday Exchanger and, when deployed collectively, the Faraday Grid offer that reinvention.
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.
The Faraday Grid substantially enables the diffusion of renewable energy by directly increasing the carrying capacity of the energy system, it does so at no additional cost.
The Faraday Grid provides inertia and primary frequency response to maintain stability, and allows horizontal and vertical energy transfer.
Autonomously and continuously adapting to variations throughout the network the system maintains an optimal equilibrium functioning as an emergent order.
- Developed as fit-for-purpose technology in direct response to the pressing need for electricity network modernisation and tackling the energy trilemma
- Replacement drop in technology for existing hardware without the need for additional complex expensive systems
- Increasing stability by expanding the scope of the traditional grid to include generation and consumption
- Directly addresses volatility introduced into the system by renewable energy
- Maintains a higher level of stability and efficiency under a wider range of operating conditions.
Features and Benefits
Key features and benefits of the Faraday Grid:
Like most equipment, transformers, converters and rectifiers, all have a finite operational life. As Faraday Exchangers can operate within the existing grid individually they can be migrated into existing networks as part of normal upgrades or staged roll outs.
Electricity networks typically lose more than 5% of generated energy through transmission and distribution losses. These losses are heavily affected by poor power factor which varies with both consumer use and generation type. Currently, this variance requires significant over sizing of capital assets, including generators, transformers and power lines. While power factor correction equipment is presently used, it is expensive and limited in effectiveness. Faraday Exchangers can replace existing distribution transformers and power factor correction systems with a single technology, delivering significant reductions in transmission and distribution losses in electricity networks.
Tell me about how this works with other technology