Products & ServicesThe Mirakatec Pumping System Device invented and provided by Mirakatec is applicable on existing Pumped Storage Hydropower Plants (PSHP) and is expected to contribute a 23% to 25% efficiency increase.
The Energy Recovery Pumping System is powered by water kinetic energy and invention of this technology is initially inspired by the concept of Turbocharger technology. A turbocharger, colloquially known as turbo, is a turbine-driven, forced induction device that increases an internal combustion engine’s power output by forcing extra compressed air into the combustion chamber. As a device fitted to a vehicle’s engine that is designed to improve the engine efficiency and performance, it is commonly used by manufacturers in truck, car, train, aircraft and construction-equipment engines.
After approximately 12 years of research, experiments and development of Automobiles Turbochargers, Mirakatec successfully applied this Technology on Hydropower Plants and built a prototype of the Energy Recovery Pumping System.
Pumped-storage hydropower (PSH) is the largest form of energy storage in Canada. Pumped storage hydropower can provide energy-balancing, stability, storage capacity and ancillary grid services such as network frequency control and reserves. This is due to the ability of pumped storage plants, like other hydroelectric plants, to respond to potentially large electrical load changes within seconds. PSH capabilities can be characterized as open loop where there is an ongoing hydrologic connection a natural body of water or closed loop where the reservoirs are not connected to an outside body of water.
With the advanced technology provided by Mirakatec, a 23% to 25% efficiency increase is expected for the Pumped Storage Hydropower (PSHP) industry.
In Canada, hydropower continues to provide around 60 per cent of the country’s total annual electricity generation and represents more than half of total generation capacity. In 2020, despite the on-site health and safety challenges presented by the Covid-19 pandemic, more than 4 GW of projects continued to progress toward completion. Currently, the most common type of energy storage is pumped hydroelectric facilities. Pumped-storage hydropower (PSH) provides 95% of utility-scale energy storage in the United States and is the largest form of energy storage in Canada. However, there are some problems currently exist in the Pumped Storage Hydropower (PSHP) industry and have hampered new project deployments.
PROBLEMS
Low efficiency
Currently, the Pumped Storage Hydropower Plant industry (PSHPP) operates with approximately only 67% efficiency by using Pump-Turbine system.Low profitThe economic profit under Pump-Turbine technology is only 15% and energy prices are unstable on the market, which makes the industry less competitive and leads to many new approved PSHPP projects around the world are being forced to pause or even cancelled.
SOLUTION:
Mirkatec is providing solutions that improve conventional PSH development, increasing efficiency as well as the PSHP industry's profit.
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