Triple-Point Energy is a startup energy storage company based in Westchester County, New York. Our novel grid-scale storage solution works by taking advantage of two thermal phase changes to store energy, and can increase the output of an existing power plant by 1-10% on discharge. The system's ability to store energy on a timescale of several days with minimal losses, and discharging for periods between 2 and 8 hours, makes it ideal for load-shifting purposes. We invite you to read on to learn more about our company, or explore our site further for a briefing on energy storage, updates on our latest news, and an opportunity to contact us for more information.

Triple-Point history and the road ahead.

The technology behind Triple-Point's solution was first thought up by our founder and president in the course of obtaining his Master's in Engineering. After further refinement and development over the course of several years, the company was founded in July 2011, with the filing of a patent on the technology coming soon after.

Energy storage is clearly an area of great interest at present, with considerable investment taking place in R&D efforts for batteries, fuel cells, compressed gas and the like. Unlike companies seeking to exploit these new technologies, we at Triple-Point do not need to invent new science. The phenomena our system relies upon have been well-understood for decades, and in fact are observable in selected powerplants today. Having constructed a robust computer model to simulate the thermodynamics of our energy storage system and estimate its costs and financial benefits, we are ready to move forward with a pilot implementation at a host power plant. Because our system is fully scalable, a smaller pilot project would still realize the benefits of a commercial scale implementation, with a rapid payback period and a long revenue-generating lifetime after payback. Our goal is to demonstrate our system’s feasability and value with the pilot project and then move quickly to deploy our technology.

With a competitive installation cost of $130-$220/kWh, no geological constraints, and minimal environmental impacts, we believe our technology is in a better position to enter the load shifting energy storage market than any other system available on the market today.