Gravity Power will discuss its energy storage power plants in comparison to combustion turbine plants and other storage for peaking and ancillary services power. The “Gravity Power Module” (GPM) hydraulically lifts a massive piston inside a deep vertical shaft to store energy, and releases the piston on demand to force water through a hydro turbine. Early units will supply 40-150 MW for 4 hours or more. The Company plans to sell turnkey plants, operate and maintain and joint venture or license technology in strategic markets. It is working with developers in Texas, California, New York, the Mid-East, South Africa, India, China, Turkey, France, Germany and Mexico to progress demonstration projects and commercial installations, the first to be completed in 2013.
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Tom Mason is a recognized expert in power generation and in gas turbine technology. He was Executive Vice President of Calpine and President of Calpine Power Company, responsible for the largest fleet of gas-fired power plants in the world and the world's largest geothermal facility. While at Calpine he managed the simultaneous construction of 30 power plants, each of 500 MW or above. Prior to that, Tom was President and COO of CalEnergy (now MidAmerican Energy) and was with Solar Gas Turbines and Commonwealth Edison.
Tom has extensive experience in power grid deregulation and restructuring, acquired in both the United States and the UK. He is an engineering graduate of Purdue University and holds an MBA from the University of Chicago.
