(via TheNewswire)
In his recent role as Assistant Deputy Minister at Alberta’s
Prior to his tenure at the
Mr. Simpson’s knowledge will be indispensable to ABOUND in fostering collaboration between the energy sector and governmental bodies, facilitating investment opportunities, and ensuring alignment with sustainable energy practices. Combined with his extensive experience in public affairs, regulatory compliance, and stakeholder management; gained during his tenure at CNRL and Devon Energy Canada,
"The ongoing escalation in global energy demand underscores the paramount importance of Abound Energy's dedication to addressing this critical need. Serving on ABOUND's Board is a privilege, and I am honored to contribute my energy expertise and government insight. I have complete confidence in both the versatility of the ZaerasTMtechnology and ABOUND’s steadfast resolve to advancing the integration and resilience of green energy on the grid."
As ABOUND Energy embarks on its mission to transform the energy landscape,
"We are delighted to welcome
About
ABOUND specializes in developing scalable, environmentally friendly, long-lasting energy technology. Our patented Zaeras™ long-duration energy storage technology, leveraging zinc-air chemistry, guarantees the storage and on-demand delivery of electricity without the limitations or environmental risks associated with current market leaders.
About ABOUND’s Zaeras™ Technology
Zaeras™ is precision-engineered to meet future energy requirements, with a specific emphasis on simplifying long-duration energy storage. Harnessing the potential of its multi-patented Zaeras™ technology, ABOUND is poised to facilitate the seamless integration of green energy sources into the grid. This is achieved by minimizing curtailment, bridging the gap between supply and demand, and efficiently integrating green energy into the grid. ABOUND's strategic initiatives encompass opportunities for peak demand reduction, leveraging time-of-use arbitrage, participating in value stacking programs, and entering the distributed long-duration energy storage sector. These endeavors are aligned with our central objective of increasing the integration and resiliency of green energy, while stabilizing the grid.
Distinguished by its inherent safety—free from fire or explosion hazards—Zaeras™ guarantees sustained capacity over an extensive lifecycle. Simultaneously, it showcases versatility by independently managing charge and discharge operations. Comparable to other Flow Battery technologies, scaling up the energy capacity of Zaeras™ is as simple as increasing the size of the fuel tank; a cost-effective solution, from kWh toMWh. This is a welcome alternative to the fixed power-to-energy ratio constraints ingrained in traditional systems, such as Li-ion and Zinc Hybrid Batteries.
To learn more about ABOUND’s technology, please visit:https://Abound.Energy
For more information please contact:
Email:Investors@Abound.Energy
Ph: +1 (672) 887-9688
Notice Regarding Forward Looking Statements
This news release may contain certain “forward looking statements.” Forward-looking statements involve known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Companydisclaimsany intent or obligation to update any forward-looking statement, whether as a result of new information, future events, or results or otherwise.
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