On Nov. 5, the Austin-American Statesman had an article about EEStor Inc. and its potentially disruptive energy storage technology (previous post). Not anything new about the technology, but quite a bit of background information on founders Richard Weir and Carl Nelson. The following are the most interesting excerpts from the article:
The company has come up with a new method for making ultracapacitors, battery-like devices that can store large amounts of electricity. EEStor's energy storage unit can hold enough charge to power a car 300 miles, according to its patent, and it can be recharged in the time it takes to pump a tank of gas. And it can do that at only a small, if any, premium to the cost of a gas-powered engine.
In his May 2004 report, Ed Beardsworth said the company expected to eventually produce its energy storage devices for as little as $2,100 — roughly half the cost of a standard gas engine and power train. Beardsworth used to publish a report called Utility Federal Technology Opportunities.
"That's why the technology that EEStor is developing really breaks the mold," said Ian Clifford, CEO of Feel Good Cars Corp., a Canadian electric-vehicle company that has signed a deal to put EEStor units in its cars. "It's low weight, low cost and it has the rapid recharge technology that suddenly makes electric vehicles viable."
EEStor is building a production line in Cedar Park. Feel Good Cars had expected to receive some of the energy storage units by now. "There have been slight delays, completely acceptable delays from our perspective," said Clifford. "For this, we're happy to wait."
Thanks to Tyler at Clean Break for the tip.