Sirius Exploration hires EPRI to assess energy storage facility in North Dakota
24 November 2009
Sirius Exploration is teaming up with the Electric Power Research Institute (EPRI) in the US to carry out a cost-to-benefit analysis for a bulk energy storage facility that would support a 134MW electrical power generation plant in North Dakota.
Sirius, which owns salt and potash deposits in North America and Australia, is looking for ways of turning its leases, which cover 5,000 acres in North Dakota, into energy storage facilities once the initial mining activities are finished.
The company acquired its acreage through the staged acquisition of Dakota Salts LLC, which started in January this year.
In particular, it is hoping to tap in to growing interest in wind energy by providing storage facilities that will help stabilise the electrical grid system and offer power companies more reliability.
Sirius's properties in North Dakota fall within a recognized region of the US identified by the Obama administration for wind farm energy development. Cost-effective and reliable bulk energy storage is thought to be a vital component of the electric grid of the future.
As part of the new agreement, EPRI will initially establish the generic performance and operating specifications for a bulk energy storage installation supporting a 134MW capacity facility, followed by capital cost estimations for such a bulk energy storage plant.
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