When I first met Simon Patterson, CEO of MSP Technologies Ltd at his beautiful office in the Lake District of the UK, I didn’t buy his claim that a system filled with batteries was the most efficient way to recharge an EV. It just can’t be the most efficient way to do it. Surely he has missed something.
MSP Technologies builds small to mid size battery systems, and Simon has been doing this for years, working with every kind of chemistry available. It has always been difficult to find a place for battery systems. They were too expensive and there were no real killer applications for the UK market.
All that is changing with the arrival of EVs on the market.
We are just at the dawn of the EV revolution, and already services stations around the UK are struggling to keep up with the demand for roadside recharge. In UK cities like York, few residents have access to home chargers, so they are dependent on public EV charging stations. To make it even more complicated, the services stations face big delays and heavy fees in order to upgrade their grid connection to the required service level.
This is where the Energy Storage Solutions enter the equation.
The batteries in MSP’s Flex Gen product can use the grid connection 24 hours per day, so at night when the EV demand thins out, the batteries can recharge. During the day, the batteries can generate the equivalent of a much upgraded circuit at a fraction of the cost, and in just a couple of months delivery time.
MSP technologies also supports other innovative means of charging its batteries: through solar and even hydrogen connection. This makes the Flex Gen product attractive to many businesses requiring EV charging capability combined with other potential revenue sources.
We at KORE Power salute our customers, and support companies like MSP technologies building a greener and cleaner future.
About KORE Power:
KORE Power, Inc. (KORE) is headquartered in Coeur d’Alene, Idaho, with operations in Waterbury, Vermont, and Buckeye, Arizona. KORE is the leading U.S.-based developer of battery cell technology for the clean energy industry. With clients in energy storage, e-mobility, utility, industrial and mission-critical markets, KORE Power provides the backbone for decarbonization across the globe. As the first U.S.-based, American-owned, and fully integrated provider of cells, batteries, and solutions, KORE is uniquely positioned to serve these markets. Through the construction and operations of its large-scale battery cell manufacturing facility in the U.S., KORE is positioned to operate at 12 GWh per year capacity. The facility (the “KOREPlex”) will operate with net-zero carbon emissions through strategic partnerships and solar and storage co-generation.
KORE Power’s differentiated approach provides customers with direct access, unparalleled service, superior technology, and Tier 1 product availability. Focused on building sustainable communities, clean energy jobs, and green economic expansion, KORE Power is proud to offer a functional solution to real-world problems and fulfill market demand to deliver a zero-carbon future. The KOREPlex is expected to come to Buckeye, Arizona, and be the anchor to the development of the Sustainable Valley by the end of 2024. For more information, visit www.korepower.com.