Leveraged gravity energy storage systems offer several advantages over existing energy storage systems, such as batteries, pumped hydro storage, and compressed air energy storage:
- Environmental impact: Leveraged gravity systems have minimal environmental impact compared to large-scale battery storage facilities or pumped hydro storage. They do not require the extraction of limited resources like lithium and cobalt and generate minimal waste. Moreover, they do not consume or pollute water resources, which is crucial for preserving aquatic ecosystems.
- Resource efficiency: These systems emphasise resource optimisation and the potential for component recycling, refurbishment, or re purposing at the end of their life cycle. This promotes the principles of a circular economy.
- Longevity and durability: Leveraged gravity storage systems typically have lower degradation rates and longer lifespans than battery storage systems. They can undergo numerous charge-discharge cycles without significant loss of performance, and the mechanical components can be more easily maintained or replaced if necessary.
- Scalability: Gravity-based storage systems are highly scalable, as they can be designed for small-scale residential applications or large-scale grid-connected storage facilities. This versatility allows for customised solutions depending on specific energy storage requirements.
- Energy efficiency: Leveraged gravity systems can potentially achieve high round-trip energy efficiency by harnessing gravitational potential energy with minimal losses.
- Minimal land use: Compared to large-scale battery storage or pumped hydro storage, leveraged gravity systems can require relatively little land and have a lower environmental footprint.
- Reduced reliance on harmful chemicals: Gravity-based systems do not rely on harmful chemicals like some batteries, minimizing the risk of chemical spills or leakage.
- No geographical constraints: Unlike pumped hydro storage, which requires specific geographical features like elevation differences and large water bodies, leveraged gravity storage systems can be installed virtually anywhere.
- Low operational noise: Leveraged gravity systems operate silently, causing minimal disturbance to local communities and wildlife.