OUR GREAT MINDS

by Tina Olivero

VOLTERRA TECHNOLOGY: Battery X Lasts 25 Years

Volterra Technology is a Canadian company that provides innovative energy storage solutions to support the transition to a more sustainable energy future. They offer a range of advanced battery systems, including lithium-ion and lithium-titanate batteries, that are designed to provide safe, reliable, and efficient energy storage for a variety of applications, including grid-scale energy storage, renewable energy integration, and backup power for critical infrastructure.

Mark Goorwah, Co-Founder of Volterra Technology says, “Our company is committed to supporting sustainable energy by developing products that help to reduce carbon emissions and promote the adoption of renewable energy sources. Their products are designed to improve the stability and reliability of the grid, enabling the integration of more renewable energy and helping to reduce the need for fossil fuel-based energy sources. By providing cost-effective and sustainable energy storage solutions, Volterra Technology is helping to drive the transition to a cleaner, more sustainable energy future.”

LITHIUM-TITANATE BATTERY

The Lithium -Titanate battery (LTO) is a type of rechargeable battery that uses Lithium -Titanate as the positive electrode (anode) instead of traditional lithium cobalt. It is known for its fast charging capability, long cycle life, and high stability, making it a good choice for applications that require quick charge and discharge, such as backup power, electric vehicles, and grid energy storage. 

Volterra Technology has an international network of companies that have partnered with for a global release of the new Volterra BATTERY X which supports industries that use electricity for highly efficient energy storage systems.

Charlie Curtis, Founder & CMO of Volterra Energy says, “Volterra’s Lithium-Titanate battery is known for its High Energy Density, low production cost, fast charging, high power, high thermal stability, and high cycle life. Battery X represents Volterra’s “proprietary additives” that allow for sustainable long-term performance which is usually lacking in a Lithium Titanate battery.”

Battery X is most relevant to the battery energy storage market where high volumes of cells are in demand. Volterra can procure gigawatts of partially assembled battery cells through international sources and do the final assembly of these cells in Canada, keeping wait times in the supply chain to a minimum, and thereby providing quick delivery to system integrators.

Volterra is poised to be one of the most sustainable battery companies on the planet as they:
Support low-cost manufacturing
Source local critical minerals and metals from Canadian mines
Bringing jobs back to Canada 
Contribute to a technology development hub in North America.



BESS

Battery Energy Storage Systems (BESS) are used to store excess energy generated from renewable sources, such as solar and wind, and release it as needed to meet peak demand. BESS also helps to stabilize the electrical grid, improve grid reliability, and reduce greenhouse gas emissions by reducing the need for fossil-fuel-based power plants. Additionally, BESS can provide backup power during outages and support grid management during periods of high demand. Large scale Battery Energy Storage Systems (BESS) can help with several important issues, including:

  1. Grid stability: BESS can store excess energy generated by renewable sources and release it as needed, helping to stabilize the electrical grid and reduce the need for fossil-fuel-based power plants.
  2. Renewable energy integration: By storing excess energy generated from renewable sources, BESS can help to integrate more renewable energy into the grid and reduce greenhouse gas emissions.
  3. Grid reliability: BESS can provide backup power during outages and support grid management during periods of high demand, improving the overall reliability of the electrical grid.
  4. Cost savings: By storing excess energy during times of low demand and releasing it during peak demand, BESS can help utilities reduce their reliance on expensive peak power and lower energy costs for consumers.
  5. Increased energy security: BESS can provide energy security by reducing dependence on a single source of energy and by providing backup power during outages.

ENERGY MANAGEMENT SYSTEMS

An Energy Management System (EMS) is used to monitor and control a Battery Energy Storage System (BESS). An EMS is responsible for:

  1. Monitoring battery performance: The EMS tracks battery performance and state of charge to ensure efficient operation of the BESS. 
  2. Controlling battery charging and discharging: The EMS manages the charging and discharging of the battery to optimize energy storage and release.
  3. Predicting energy demand: The EMS predicts energy demand based on past usage patterns and real-time information to optimize energy storage and release. 
  4. Integrating with the grid: The EMS integrates the BESS with the electrical grid, allowing energy to be released as needed to meet demand.
  5. Monitoring and controlling safety: The EMS monitors and controls safety systems, such as temperature, voltage, and current, to prevent damage to the battery or danger to personnel.

BATTERY LIFE SPAN

The lifespan of batteries used in Energy Management Systems (EMS) for Battery Energy Storage Systems (BESS) can vary based on several factors such as:

  1. Battery type: Different battery types, such as lead-acid, lithium-ion, and nickel-cadmium, have different lifespans. Lithium-ion batteries are typically more expensive but have a longer lifespan compared to lead-acid batteries. 
  2. Usage patterns: The frequency and depth of discharge can affect the lifespan of the battery. A battery that is regularly discharged to a low state of charge will have a shorter lifespan than one that is discharged less frequently or to a higher state of charge.
  3. Operating conditions: The temperature, humidity, and other environmental conditions can affect the lifespan of a battery. Batteries that operate in harsh conditions, such as high temperatures or high humidity, will have a shorter lifespan.

Typically Lithium-ion batteries have a lifespan of 10-15 years, while lead-acid batteries have a lifespan of 5-10 years. However, these are rough estimates, and the actual lifespan of a battery will depend on the factors listed above. Regular maintenance, such as replacing battery components, can also extend the lifespan of a battery.

The Volterra Battery X is capable of lasting 25+ years. This battery life extension is a breakthrough in technology that will allow for longer battery life spans and fewer battery recycling requirements. 

Volterra Technology can deliver full-battery modules within a 4-6 month timeframe. This advancement is a leading-edge technological battery achievement in Canada.

Tina Olivero

30 years ago, Tina Olivero looked into the future and saw an opportunity to make a difference for her province and people. That difference came in the form of the oil and gas sector. Six years before there was even a drop of oil brought to the shores of Newfoundland, she founded The Oil and Gas Magazine (THE OGM) from a back room in her home on Signal Hill Road, in St. John’s, Newfoundland. A single mother, no financing, no previous journalism or oil and gas experience, she forged ahead, with a creative vision and one heck of a heaping dose of sheer determination. With her pioneering spirit, Ms. Olivero developed a magazine that would educate, inspire, motivate and entertain oil and gas readers around the world — She prides herself in marketing and promoting our province and resources in unprecedented ways. The OGM is a magazine that focuses on our projects, our people, our opportunities and ultimately becomes the bridge to new energy outcomes and a sustainable new energy world. Now diversifying into the communications realms, a natural progression from the Magazine, The OGM now offers an entirely new division - Oil & Gas Media. Today, The Oil and Gas Magazine is a global phenomenon that operates not only in Newfoundland, but also in Calgary and is read by oil and gas enthusiasts in Norway, Aberdeen, across the US and as far reaching as Abu Dhabi, in the Middle East. Believing that Energy is everyone’s business, Ms. Olivero has combined energy + culture to embrace the worlds commitment to a balance of work and home life as well as fostering a foundation for health and well being. In this era of growth and development business and lifestyle are an eloquent mix, there is no beginning or end. Partnering with over 90 oil and gas exhibitions and conferences around the world, Ms. Olivero's role as a Global Visionary is to embrace communication in a way that fosters oil and gas business and industry growth in new and creative ways.

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