Ideal Power Whitepaper: Significant B-TRAN™ Benefits in Numerous Electric Vehicle, Renewable Energy, Data Center Applicatio...
January 21 2021 - 8:30AM
Ideal Power Inc. (Nasdaq: IPWR), pioneering the development
and commercialization of highly efficient and broadly patented
B-TRAN™ bi-directional power switches, has posted to its website a
whitepaper, “B-TRAN™ Applications and Benefits”. The whitepaper
describes how its patented, proprietary, bi-directional
semiconductor power switch architecture, Bi-directional Bipolar
Junction Transistor (B-TRAN™), drives performance, efficiency and
cost savings in key emerging and mature markets.
B-TRAN™ is expected to benefit multiple
applications in large segments of its $6 billion total addressable
market, including:
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Electric Vehicles ($1.5 billion segment with 15%
forecasted annual growth) |
|
Power semiconductors account for approximately 20% of the total
electric power losses of hybrid EVs and potentially more of the
losses in an EV. |
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º |
Powertrain and On-Board Battery Charger: Due to its lower switching
and conduction losses, B-TRAN™ is expected to increase drive cycle
efficiency, directly resulting in an increase in the range of the
EV and/or a reduction in the battery size. Further, due to its
bi-directional operation, B-TRAN™-based chargers enable
vehicle-to-grid, or V2G, technology allowing consumers to monetize
exported power to the grid during times of peak energy demand. |
|
|
º |
Fast (Off-Board) Battery Charger: It is forecasted that 1 million
new fast charging systems will be installed globally in the next 5
years. B-TRAN™ can improve charging efficiency through 50% lower
losses, improving the economics for the charging station and
potentially shortening charging time for the vehicle owner. When
the chargers are paired with buffer batteries, B-TRAN’s
bi-directionality can provide additional improvements in charging
station efficiency and operating cost. |
- |
Solar and Wind (Renewable) Energy ($1.1 billion
segment with 12% forecasted annual growth) |
|
Inverters for solar and wind systems utilizing B-TRAN™s could
approach 99% efficiency resulting in more usable electricity at
lower costs to consumers. When renewables are coupled with battery
energy storage, the bi-directionality of B-TRAN™ offers further
advantages, including significant round-trip efficiency
improvements in the battery charge / discharge cycle. |
- |
Data Center Uninterruptible Power Supplies (UPS)
($0.5 billion with 6% forecasted annual growth) |
|
The largest operating cost for a data center is electricity
consumption. All of the electricity entering a data center passes
through a UPS system, which accounts for approximately 6% of data
center total energy losses. Replacing insulated-gate bipolar
transistors (IGBTs) currently in UPS systems with B-TRAN™ could
increase efficiency from 90% to 95%, generating substantial annual
cost savings for data centers through reduced energy consumption
and lower cost, less complex cooling systems. |
The whitepaper may be found on Ideal Power’s
website at: https://www.idealpower.com/technology/.
About Ideal Power Inc.Ideal
Power (NASDAQ: IPWR) is pioneering the development of its broadly
patented bi-directional power switches, creating highly efficient
and ecofriendly energy control solutions for industrial,
alternative energy, military and automotive applications. The
Company is focused on its patented Bi-directional, Bi-polar
Junction Transistor (B-TRAN™) semiconductor technology. B-TRAN™ is
a unique double-sided bi-directional AC switch able to deliver
substantial performance improvements over today's conventional
power semiconductors. Ideal Power believes B-TRAN™ modules will
reduce conduction and switching losses, complexity of thermal
management and operating cost in medium voltage AC power switching
and control circuitry. For more information, visit
www.IdealPower.com.
Ideal Power Investor Relations
Contact: LHA Investor RelationsCarolyn Capaccio,
CFA; Keith FetterT: 212-838-3777IdealPowerIR@lhai.com
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