The Launch Event of the Faraday Grid, including a live demonstration of the Faraday Exchanger device attracted over 150 guests from academia, science, and business. This truly unique technology is able to dramatically increase the amount of renewable energy in the grid, reduce carbon emissions and reduce the cost of energy to consumers. In this review, Richard Dowling, Chief Economist reflects on night and the implications of this groundbreaking technology.
It is humbling to imagine that come the evening of Tuesday 12th December, the Faraday Grid will take centre stage in the Grand Hall, with more than 150 people from the fields of industry, finance and academia, as well as friends and family present. A full scale prototype of the Faraday Exchanger will be unveiled to the audience for a live demonstration. This approach really does highlight the confidence we have in our technology, which has been subject to years of R&D and simulation testing.