RESC is the Renewable Energy Storage Company. RESC was founded in Austin 2017. The basis for RESC was the result of work dating back to 1993 when Sam Allen and Rich Weber identified and marketed an energy storage site to a gas pipeline utility. The site was suitable for natural gas storage and today that same site is suitable for Compressed Air Energy Storage, CAES.
CAES is a technology that was initially commercialized in Germany in the late 70's. In 1991 the 1st CAES facility was built in the US, in AL. The 110 MW McIntosh CAES facility uses natural gas as a fuel.
RESC is innovating the original CAES by replacing the natural gas fuel requirement with a zero-carbon thermal energy storage technology, TES. TES + CAES makes for a version of energy storage that is less expensive, long duration, cleaner life cycle and overall a better answer for Grid Scale energy storage needs. This solution is better than batteries.
In order to achieve a successful commercialization, RESC needs to attrac...
RESC is the Renewable Energy Storage Company. RESC was founded in Austin 2017. The basis for RESC was the result of work dating back to 1993 when Sam Allen and Rich Weber identified and marketed an energy storage site to a gas pipeline utility. The site was suitable for natural gas storage and today that same site is suitable for Compressed Air Energy Storage, CAES.
CAES is a technology that was initially commercialized in Germany in the late 70's. In 1991 the 1st CAES facility was built in the US, in AL. The 110 MW McIntosh CAES facility uses natural gas as a fuel.
RESC is innovating the original CAES by replacing the natural gas fuel requirement with a zero-carbon thermal energy storage technology, TES. TES + CAES makes for a version of energy storage that is less expensive, long duration, cleaner life cycle and overall a better answer for Grid Scale energy storage needs. This solution is better than batteries.
In order to achieve a successful commercialization, RESC needs to attract investors who share this vision for the grid... a resilient grid where renewable power can be stored during times when the renewable supply exceeds demand, but where that stored energy can be discharged and delivered to customers at other times of the day when the wind is not blowing or after sundown.
In order to achieve commercialization, RESC needs to attract customers who share this vision for the market... a market where renewable power and stored renewable power is available 24X7. Only under these scenarios can companies rightly claim that they are powered by 100% renewable energy.
The zero-carbon customer types that RESC has identified include; utilities, municipalities and rural electric coops, commercial and industrial customers, including data centers, renewable power producers who are losing revenue when over supply generation happens.
Therefore, to achieve a successful commercialization, RESC must seek funding of a significant demonstration Pilot project. The Pilot could cost anywhere from $6M - $26 M depending on the scale that a customer wants to see. The Pilot will be funded by the Private Equity Investor. This Investor will recoup their invested capital when CAES & TES systems are awarded, built and contracted. The technology will be licensed under a JV agreement with RESC's technical partner, Bright Energy. www.brightes.com . Bright is the designer for the CAES & TES systems. RESC with Bright will Joint Venture to commercialize the system.
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Advisors

Scott Frazier
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Scott Frazier

Employees

Arthur Gelber
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Arthur Gelber VP Commerce Natural gas and power market specialist with particular renowned skills in price risk management. President of Gelber & Associates
Elias Stallard-Olivera
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Elias Stallard-Olivera VP Analytics Economist, chemist, energy markets, energy innovation and financing, GIS mapping
Eric Fishhaut
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Eric Fishhaut Visionary software technology leader and entrepreneur with 30+ years of design and delivery of applications in startup and growth companies.
John Gaines
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Mark Helmueller
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Mark Helmueller Counsel
Rich Weber
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Rich Weber VP Bus Dev VP - Business Development. Sales and business development executive and entrepreneur. Excels at new market definition and penetration.
Sam Allen
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Sam Allen President and COO Energy storage developer, Innovation of improved zero-carbon technology for Energy Storage, Conserving Renewable Power, 24 X 7 Renewable