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New Electric Radiator Uses Battery To Optimize Peak Energy Usage

lancey-radiator-batteryAs reported by

A French startup is approaching home energy storage from a bit different of an angle, and instead of merely functioning as a home battery, its product doubles as a radiator that is said to be able to help reduce heating costs by as much as 50%.

The radiator from Lancey Energy Storage is described as a plug-and-play space heater, which means that even though it integrates a lithium battery and can allow users to charge it during times of cheaper electricity, and then use that electricity when grid prices are higher, no additional wiring is necessary to install it, and it can cost up to 75% less than installing a gas heater. And since heating can account for a significant percentage of home energy use (according to Lancey CEO Raphaël Meyer, up to 67% in Europe, whereas the US puts it at about 42% in the United States, and the IEA says that almost 80% of energy demand in the buildings sector is from heating), this represents a great opportunity for both homeowners and rental property owners alike to reduce both their costs and their environmental impact.

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