Wednesday, June 22, 2011

Sky Power Solutions (SPOW) Enters Into Research and Development Phase for Residential Electric Power Station

Sky Power Solutions, a company that engages in developing rechargeable lithium-ion batteries for power production in the U.S., has announced that it has entered into the research and development phase to create a residential electric power station for retail sale capable of producing more than 2W in full sunlight.

Electric consumption in the US has been increasing at a rate that will outpace the anticipated expansion of the US Electric Grid’s capacity and Sky Power Solutions is prepared to expand into the Residential Electric Power Generation market in order to allow users to generate and return 30-40% of the electricity back into the grid using “Net-Metering” and the Sky Power System.

The Energy Information Administration has reported that the growth of electric generating capacity is expected to fall after 2012. A construction boom in the early 2000s witnessed capacity additions averaging about 35 gigawatts per year, much higher than was seen before. Recently, average annual builds have declined to almost 16 gigawatts a year, which created a significant shortfall looking forward. Sky Power Solutions is ready to respond to this need with the development and potential selling of a Residential Stand-Alone, solar concentrating, electric generating system.

Annual builds of new power plants are expected to fall significantly after 2012 and will reside below 7 gigawatts per year until 2025 as stated by the Energy Information Administration. Growth of consumption is expected to bypass completely the growth of capacity, which will result in the need to anticipate this need and to accommodate the demand.

Sky Power Solutions has determined the growth in the consumer acceptance of all electric cars will put an elevated burden on the US Electric Grid at the same time growth in capacity of electrical capacity has been anticipated to fall. Sky Power Solutions is working to meet the demand, while simultaneously lowering the grid consumption of the users of the Residential Solar Generation System and actually augmenting the Electric Grid by producing and deploying electricity from the residential customers’ excess capacity into the grid, which will therefore cause the user’s electric meter to run backwards. This will not only allow for a reduced electric bill, but more importantly will be adding the needed power to a stressed grid, which will be beneficial for all.

Sky Power Solutions’ structure is a hexagonal structure and will be able to accommodate for more energy. The elements and the special transition metals have been specifically chosen to make Sky Power Solutions’ cathode materials safer, environmentally friendly and more affordable. By bringing together Electric Vehicle solutions with the generation of electricity on the residential level, Sky Power Solutions is the leader for the future of power generation in the US and will be able to pursue such efforts to alleviate the burden of growth on the electric grid, while allowing users to decrease their electric bills by sending out their electricity out to the grid or by utilizing the surplus electricity to charge up their electric cars.

For more information on the company, visit their website at www.superlatticepower.com

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