MILWAUKEE – Dynamic Blade Technologies Inc., a Texas-based start-up company, has entered into a licensing agreement with the University of Wisconsin-Milwaukee Research Foundation (UWMRF) to develop and commercialize an energy-storage and power-conversion technology for wind turbines.
Developed in the laboratory of Adel Nasiri, professor of electrical engineering, the patent-pending technology uses ultra-capacitors as an energy-storage element on the turbine. This system incorporates algorithms that aid in buffering changes in power output to provide grid stability during varying wind and grid low-voltage conditions.
Benefits of the technology include less mechanical wear on the gearbox, lower repair costs, higher efficiency and support for power-system stability.
Dynamic Blade Technologies is building a portfolio of wind turbine technologies in order to help wind farms increase energy extraction and reduce operations and maintenance expenses.
“The tests have shown that this technology can be very effective at smoothing the output power of wind turbines, and we are very excited to help wind farms improve their return on investment,” said Corey Park, CEO of Dynamic Blade Technologies.
A prototype 10-kilowatt-scale wind turbine has been installed outside the University Services and Research building to collect further data for proof of concept. “We are excited to partner with Dynamic Blade Technologies to confirm the advantages of the technology and move it toward commercialization,” said Nasiri. “We believe this technology solves a major problem for wind turbine owners and operators.”
The number of installed turbines grew on average by 25 percent between 2007 and 2012, and continues to be the fastest-growing renewable energy market globally.
Dynamic Blade Technologies is currently seeking investors and development partners for the technology.
Contact Park at firstname.lastname@example.org.
About UWMRF: The UWM Research Foundation Inc. is a nonprofit corporation that supports research and innovation at UWM through a variety of programs, including patenting and licensing. uwmresearchfoundation.org
About Dynamic Blade Technologies Inc.: Dynamic Blade Technologies provides state-of-the-art hardware and software technologies to wind farm owners and operators for the purpose of increasing energy extraction. Its vision is to offer a combined set of technologies that have the potential to dramatically increase the profitability of wind farms.
About UWM: As Wisconsin’s premier public urban institution, the University of Wisconsin-Milwaukee enjoys a growing national reputation for excellence in research, teaching and community engagement. On an operating budget of $680 million, it educates approximately 28,000 students and is an engine of innovation for Southeastern Wisconsin. The 104-acre main campus and satellite sites are located in the economic and cultural heart of the state. uwm.edu
(CONTACT: Brian Thompson, 414-906-4653, email@example.com)