Lockheed Martin and Oriden Teaming-up for Future Energy Storage Projects

It is a similar agreement that Lockheed Martin had with TC Energy (former name, TransCanada Corporation) in December 2019.

Lockheed Martin and Oriden Teaming-up for Future Energy Storage Projects

On January 30, 2020, Lockheed Martin and Oriden LLC, a Mitsubishi Hitachi Power Systems venture, announced a teaming agreement for future energy storage projects using GridStar® Flow, Lockheed Martin’s innovative flow battery technology. This cutting-edge energy storage system is capable of storing 6 to 12 hours or more of energy and dispatching it as needed. It is a similar agreement that Lockheed Martin had with TC Energy (former name, TransCanada Corporation) in December 2019.


Infographic Attribute: GridStar® Flow Energy Storage System / Source: Lockheed Martin
Infographic Attribute: GridStar® Flow Energy Storage System / Source: Lockheed Martin

The Technology: Coordination Chemistry Flow Battery (CCFB) 

Flow batteries differ from sealed batteries (e.g., lead acid, lithium-ion) in that they separate the power and energy portions of a battery system and allow each to be independently sized. Energy is stored in a liquid electrolyte which is flowed through a stack of electrodes. Lockheed Martin’s GridStar Flow system is based on our proprietary battery chemistry comprising metal ligand coordination compounds. The chemistry combines low-cost, earth-abundant transition metals with commodity chemical ligands to optimize battery performance and affordability. GridStar® Flow Energy Storage System are designed to exhibit lower system cost, higher efficiency, and longer useful life than currently available long-duration batteries.
Infographic Attribute: CELL STACK of GridStar® Flow Energy Storage System / Source: Lockheed Martin
Infographic Attribute: CELL STACK of GridStar® Flow Energy Storage System / Source: Lockheed Martin

Statements

“We are encouraged by the great synergies between our two companies to bring new flow battery technology to the market,” said Dan Norton, vice president of Lockheed Martin Energy. “This agreement accelerates our efforts to scale GridStar® Flow rapidly and to support our global customers.” 

“Oriden believes in the potential of long-duration energy storage, and we are eager to work with Lockheed Martin to find the best opportunities for our customers,” said Matthew Maroon, director of energy storage development at Oriden. “This agreement highlights Oriden’s commitment to deploying new energy storage technologies to meet the technical and economic needs of the marketplace.”

Unlike conventional batteries, GridStar® Flow allows customers to optimally size power (megawatts) and energy (megawatt hours) independently and maintains its energy capacity without degradation throughout the project life. These product attributes will be critical as demand grows for large-scale batteries to integrate increasing levels of renewable energy on the grid, for batteries as transmission and distribution assets, and for other applications, including microgrids.

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IndraStra Global: Lockheed Martin and Oriden Teaming-up for Future Energy Storage Projects
Lockheed Martin and Oriden Teaming-up for Future Energy Storage Projects
It is a similar agreement that Lockheed Martin had with TC Energy (former name, TransCanada Corporation) in December 2019.
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