These guys have two projects (check their operating plants) using flywheels. They're used for frequency regulation. About 20MW each.
They are not good at long term storage though, as the self discharge rate is high. And historically they have been expensive.
Or do you plan to focus more on microgrids?
We're still working out costing, but it might even make sense for residential use to take advantage of time-of-use rates or energy arbitrage. Other applications are industrial processes that require high power for short periods.
Hopefully constructive feedback: I would put that residential thing further down on your list. I think that stuff tends to be too complicated unless / until you can aggregate a lot of loads (eg. I think Tesla only recently recently started doing this stuff residentially. Probably awhile before you reach their scale...)
https://electrek.co/2023/04/19/tesla-reports-massive-increas...
https://lorenz-g.github.io/tesla-megapack-tracker/
(on a smaller scale, to date, Tesla has deployed Powerwalls and Powerpacks at more than 50,000 sites worldwide; their Lathrop, CA facility is ramping to manufacture 40GWh/yr of capacity)
Competition is already there - its next how do you deploy your development costs for winning those assets.
I'm not sure if a household sized water tank-full could provide heat over the course of a cold night, and whether a heat exchanger for air heating or water pipes would be more efficient. I suppose it depends on the insulation and placement of the ducts and pipes and how much of the heat makes it to and through a wall.
I did some very crude calculations but assuming 50 gallons at 60C and 1000W energy loss per hour from a moderately insulated house on a 50F night, the full water heater could keep the house at 70F for 5.14 hours. Someone with more recent practical physics usage is welcome to check this figure.
I live in a city center that uses chilled water for some use cases, but it certainly does not seem scalable enough to be an "easy technical remedy" to the issues of distribution being expensive.
These are targeting 8-10 hours of sustained power when needed.
I’m sure the loss is very high, but maybe could be overcome with ample solar inputs?