Industrial Consultancy & Sponsored Research (IC&SR) , IIT Madras
Category – Energy Storage System
Applications – Compressed Air Recuperated Energy Storage (CARES)
Industry – Renewable energy, Power generation
Market – The global energy storage systems market size was valued at US$ 210.92 billion in 2021 and is expected to hit US$ 435.32 billion by 2030 and poised to grow at a CAGR of 8.4% from 2022 to 2030.
The technology behind this invention, Compressed Air Recuperated Energy Storage (CARES), can be summarized in five key points:
High-Efficiency Compressor:
Volumetric Control:
Cooling System:
Thermal Energy Circulation:
Versatile Applications:
Technical Perspective:
User Perspective:
Prof. Satyanarayanan Seshadri
Department of Applied Mechanics
TRL- 3
Experimental proof of concept