The power industry has long relied on levelized cost of energy (LCOE) to compare generation assets. This trusted metric incorporates all of the capital, financial, and operational costs associated with delivering a unit of energy to the grid.
ICAES’s inherently low capital cost, long lifetime, and high efficiency result in a disruptively low LCOE as compared to conventional storage solutions such as batteries. Unlike batteries, SustainX relies on proven industrial components that have demonstrated decades of life in demanding power generation applications. These mature components are inherently low cost with no reliance on unproven chemistries and materials or a dependence on rare-earth elements.
SustainX has been at the forefront of applying LCOE to the storage industry and to the design of its ICAES solution.