Home BusinessAn end to power cuts

An end to power cuts

by Thomas Schellen & Livia Murray

This company is part of Executive’s Top 20 in science and technology. Read more stories of our special report on entrepreneurship in Lebanon, as they’re published here.   Sharp Minds   Nadia Moussouni Antoine saab Industry: Electricity storage and renewable energy Year of incorporation: 2011 Project/Product: Energy24 Founders/Shareholders: Antoine Saab and Nadia Moussouni  Employees: Two technicians, plus four technicians on contract basis Board of directors: The two founders   The idea of owning an energy storage system (ESS) is not quite as tempting as owning a new BMW or even the latest phablet by Samsung or HTC. That is, unless one lives in Lebanon and wants to get out from being under the double yoke of daily power cuts and dependency on costly, dirty and noisy generators. It was this proposition that inspired Antoine Saab, a Lebanese engineer with international experience,

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2 comments

Fadi November 14, 2014 - 3:42 PM

How is this sustainable?
It takes electricity from the EDL grid, stores it and then uses it when electricity from EDL is not provided, keeping in mind that the power generated by EDL is the same.
This would mean that if supposedly a share that uses 10% of the available power installs this system, and store 4 hours worth of power for peak hours (when electricity supply from EDL is usually cut) that means that it uses some 15% of the total power making it less available for others and thus increasing their costs (private generators).
This is not a solution to Lebanon’s electricity problem. At least not the storage from the grid part.

Nadia@E24 November 21, 2014 - 11:19 AM

Dear Fadi,

The technology includes a power factor correction technology that allows you to recover the energy that was otherwise wasted and store it to be used at the time of blackouts. The Power factor correction circuitry also allows people to reduce their total amps needs when EDL is available making that extra capacity available for others thus having a positive impact on the grid.

The Energy24 technology also includes a connection to optional solar panels with a smart controller that allows charging the batteries on priority from the sun and sending any unused solar energy to the grid to be used by others. Energy24 allows anyone to go solar even for those who have very limited space.

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