Frequently Asked Questions
WHAT IS JOULE AND WHAT IS OUR MISSION?
Joule is an emerging California-based startup, working on a novel clean & renewable ocean energy source. Our mission is to democratize clean power for a better tomorrow, for all of us on the planet.
WHAT IS A JOULE?
The joule is a derived unit of energy in the International System of Units. It is equal to the amount of work done when a force of 1 Newton displaces a body through a distance of 1 meter in the direction of the force applied.
WHAT IS JOULE'S MBES?
Joule's Modulated Buoyancy Energy Storage (MBES) system is a cutting-edge cleantech solution designed for renewable energy storage. Positioned beneath the ocean's surface, this innovative system stores energy efficiently, ready to be deployed when the grid demands it.
HOW DOES JOULE'S MBES WORK?
Joule's patented MBES system introduces an innovative approach to energy storage and generation. This system utilizes a Modulated Buoyancy Unit (MBU) connected in a vertical loop to both a surface and an anchor base, forming a unique vertical carousel that links to a generation module.
To store energy, the system compresses air inside the MBU's outer shell using energy from the grid, reducing its buoyancy to 0%, causing it to sink to the ocean floor. To release the stored energy, air is reintroduced into the MBU's outer shell, restoring its buoyancy to 100% and causing it to rise to the surface. As the MBU ascends, it generates energy, which is then fed back into the grid.
The MBES system is environmentally friendly, avoiding the use of precious metals and hazardous materials. It operates similarly to pumped hydro storage but without the need for varying elevations, thereby conserving land resources. Situated in the ocean, it eliminates the requirement for freshwater, making it an efficient and sustainable solution. Additionally, its ease of deployment results in significant time and cost savings.
I WOULD LIKE TO INVEST IN JOULE. HOW DO I LEARN MORE?
We are continually seeking new investors who share our core mission and values. While we appreciate the opportunity to bring on new investors and funding, our primary goal is to partner with like-minded individuals who are not only driven by profit but are also committed to making the world a better place for future generations. By leveraging the support of your network, we can expedite the building and deployment of our plants.
To learn how to become an investor, please fill out the "Invest in Joule" form, and we will get back to you promptly.
HOW DO I REGISTER TO HOST A JOULE PILOT?
Here’s what we are looking for in a host:
- A company with access to a marina or port with deep waters.
- A utility provider, such as LADWP, Edison, PG&E, etc.
- A data center planned for offshore deployment.
- An offshore wind or solar farm.
To learn how to become a host, please fill out the Request Joule form, and we will get back to you promptly.