Malta Inc: “Our technology provides long-duration storage from 8
Molten salt storage systems like Malta''s can store energy at temperatures up to 540 °C, which is much higher than the maximum temperature of other thermal energy storage technologies,
Q: Malta's solution lies in thermo-electric energy storage. Why is this system so innovative, and what are its main keys? A: It combines well-established thermodynamic principles with modern technological advancements to create a cost-effective, scalable, and efficient energy storage solution.
Malta has developed a long-duration energy storage solution that leverages steam-based heat pump technology to provide a cost-efficient, flexible, and integration-ready option for utility and industrial clients.
The Malta PHES energy storage system is built upon well-established principles in thermodynamics and uses conventional components that have been present in power plants for hundreds of years. Electricity from the grid is used to heat molten salt and cool a chilled liquid. In these forms, energy can be efficiently stored for long durations.
Christian Bruch, President and CEO of Siemens Energy, said, “ Malta's innovative thermoelectric energy storage system offers a flexible, cost-effective and scalable solution for the storage of energy over long periods of time. With our support, Malta is well positioned to be the first company to commercialize such a solution globally.
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