As such, the Company has been able to complete planned organizational changes that reflect its transition from manufacturer to solutions developer. This has resulted in an overall reduction of 15 permanent employees that supported the sales, marketing and production of the ZENN LSV. These changes, along with other initiatives and the previously announced closure of the Company’s Saint Jerome production facility, will significantly reduce the Company’s on-going rate of spend
Greentech Media released a report Ultracapacitors: Emerging Technologies for High-Power Energy Storage. Ultracapacitor energy storage capacities are likely to increase by five to 10 times in the next five years, allowing the devices to replace batteries for many power-intensive applications, including hybrid vehicle acceleration and regenerative braking.
Several laboratory ultracapacitor prototypes are already providing 10 times the power and capacity of today’s commercial ultracapacitors. Key questions are how readily these materials can be mass-produced and how cost-effectively they can be made.
“Emerging materials and technologies will allow ultracapacitors to take over many high-power functions from batteries, particularly where low-maintenance and high cycle life are important requirements,” said Eric Smalley, the report’s author. “The main limiting factor for ultracapacitors is likely to remain cost.”
Cost is an issue in using ultracapacitors for large-scale grid energy storage and affects costs of hybrid and electric vehicles that use ultracapacitors. Materials account for over 50% of the total system cost of ultracapacitors.
Several methods of producing activated carbon from inexpensive precursors, including sugar and rayon, have the potential to drop the ultracapacitor active material price below the $20 per kilogram threshold. Another emerging development in ultracapacitors is devices that can be bent, shaped and flexed; making it possible to integrate energy storage devices into vehicle structural components, for example.