• Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Monday, January 30, 2023
TheGreatNews.com
  • Home
  • MINDSET
  • WELL BEING
  • POSITIVE NEWS
  • WISDOM
  • PURPOSE
  • NEW TECHNOLOGIES
  • More Topics
    • ENTREPRENEUR
    • GREEN ENERGIES
    • SUCCESS
    • GOOD LIFE
No Result
View All Result
  • Home
  • MINDSET
  • WELL BEING
  • POSITIVE NEWS
  • WISDOM
  • PURPOSE
  • NEW TECHNOLOGIES
  • More Topics
    • ENTREPRENEUR
    • GREEN ENERGIES
    • SUCCESS
    • GOOD LIFE
No Result
View All Result
TheGreatNews.com
No Result
View All Result

World’s First CO2 Battery to Offer Long-Duration Energy Storage at Half the Cost

in POSITIVE NEWS
Reading Time: 3 mins read
A A
World’s First CO2 Battery to Offer Long-Duration Energy Storage at Half the Cost
Share Share Share Share Share
Image credit: Energy Dome

An Italian startup this month announced the successful launch of a CO2 battery that uses carbon dioxide to store renewable energy at utility-scale on the grid—a technology that is now ready to be deployed worldwide.

Energy Dome began its operations in February 2020 and has progressed from a concept to full testing of a multi-megawatt plant in just over two years.

Related articles

Couple Now Gets Daily Visits From Wild Lorikeet Birds That Broke in a Year Ago

This Company is Mass-Producing T-Shirts From Mass-Produced T-Shirts—Closing a Wasteful Fashion Loop

At its first facility in Sardinia, Italy, operators completed trouble-shooting for the CO2 Battery technology and are now entering the commercial scaling phase, becoming the first commercial long-duration energy storage technology on the market offering “a reliable alternative to fossil fuels for dispatchable baseload power globally”.

The initial phase of operations has confirmed the performance of the CO2 Battery and its capability of storing energy for a long duration, all while maintaining highly competitive round-trip efficiency, without degradation or site dependency.

RELATED: As the World Runs on Lithium, Researchers Develop Clean Method to Get It From Water

The key to this Sardinia demonstration project has been the use of off-the-shelf equipment available from a globally established supply chain, demonstrating that the rapid global deployment of the CO2 Battery is now possible with no bottlenecks.

“I am proud of our dedicated team and of our results. We can now provide an answer to the most pressing issue of our time: climate change,” said Energy Dome Founder and CEO Claudio Spadacini.

“Our breakthrough technology, the CO2 Battery, is now commercially available to make cost-effective renewable energy dispatchable on a global scale.”

LOOK: Solar Panels That Make Electricity at Night are Finally Here – And They’re Cheap and Don’t Need Batteries

Energy Dome’s CO2 Batteries can be quickly deployed anywhere in the world at less than half the cost of similar-sized lithium-ion battery storage facilities, and use readily available materials, such as carbon dioxide, steel, and water. They are now preparing for their first full-scale 20MW-200MWh plant, expected to be deployed by the end of 2023.

Spadacini has tapped a team of experts in turbomachinery, process engineering, and energy, with a proven track record of designing novel turbines. The unique nature of the Energy Dome process, which was named a winner in the Bloomberg New Energy Finance Pioneers 2022 technology competition, integrates known components in a novel industrial process based on a thermodynamic transformation of CO2.

The company has already secured multiple commercial agreements, including with an Italian utility A2A for the construction of a 20MW-5h facility. Earlier this year, Energy Dome also signed a non-exclusive license agreement with Ansaldo Energia, a major provider of power generation plants and components, to build long-duration energy storage projects in Italy, Germany, the Middle East and Africa.

ALSO: Solar Panels Built From Waste Crops Can Make Energy Without Direct Light

To fund a rapid commercial scale-up, the company, which also has an office in the UK, plans to launch its Series B fundraising round.

See an animation about how it works:

SPREAD Some Hopeful Energy By Sharing This on Social Media…


Credit: Source link

ShareTweetSendPinShare
Previous Post

Should You Add Datadog Stock to Your Growth Portfolio?

Next Post

Should You Buy the Dip in Oatly Stock?

Related Posts

Couple Now Gets Daily Visits From Wild Lorikeet Birds That Broke in a Year Ago

Couple Now Gets Daily Visits From Wild Lorikeet Birds That Broke in a Year Ago

August 30, 2022

By Georgina Brough and Christian Allen via SWNSGeorgina Brough and Christian Allen get daily visits from a group of wild lorikeets—birds that broke in a year...

This Company is Mass-Producing T-Shirts From Mass-Produced T-Shirts—Closing a Wasteful Fashion Loop

This Company is Mass-Producing T-Shirts From Mass-Produced T-Shirts—Closing a Wasteful Fashion Loop

August 29, 2022

– TeemillA company is seeking to target the worst aspects of wasteful fast fashion and demonstrate and economically-profitable circular economy with that most standard of garments—the...

Take-out Containers Turned into Valuable Seaweed Chemical Using Rays of Sunlight

Take-out Containers Turned into Valuable Seaweed Chemical Using Rays of Sunlight

August 29, 2022

– SWNSPolystyrene (Styrofoam) has been turned into a valuable chemical found in seaweed by exposing it to sunlight. Broken down, it produces DPM (diphenylmethane,) a molecule...

Bionic Leg Wrap Uses AI to Correct Walking Patterns For Cerebral Palsy, MS, and Stroke Patients

Bionic Leg Wrap Uses AI to Correct Walking Patterns For Cerebral Palsy, MS, and Stroke Patients

August 29, 2022

Neural Sleeve by Cionic and Fuseproject – ReleasedA Velcro sleeve fastened around the leg has been designed with electrodes that help stimulate the muscles of those...

Their Bodies Age But Seniors Have Higher Emotional Well-Being – Here’s Why

Their Bodies Age But Seniors Have Higher Emotional Well-Being – Here’s Why

August 28, 2022

Bodies lose their vigor with the passing of the years, but in the emotional realm, older people seem to rule supreme. For the past 20 years,...

Next Post
Should You Buy the Dip in Oatly Stock?

Should You Buy the Dip in Oatly Stock?

Your Child Is Almost 5. What Experts Say About Different Covid Vaccine Options.

Your Child Is Almost 5. What Experts Say About Different Covid Vaccine Options.

3 Beaten-Down Real Estate Stocks That Look Cheap

3 Beaten-Down Real Estate Stocks That Look Cheap

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Weekly Updates

Best Side Hustles in Real Estate to Earn Profits 

Best Side Hustles in Real Estate to Earn Profits 

January 30, 2023
insurance

“Life Insurance and its Impact on Overall Well-being”

January 24, 2023
TheGreatNews.com

This is an online news portal that aims to provide the latest updates about mindset, well being, positive news, wisdom, purpose, new technologies, entrepreneur, green energy, success, good life and stuff like that around the world. Feel free to get in touch with us!

© 2021 - TheGreatNews.com - All rights reserved!

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
No Result
View All Result
  • Home
  • MINDSET
  • WELL BEING
  • POSITIVE NEWS
  • WISDOM
  • PURPOSE
  • NEW TECHNOLOGIES
  • More Topics
    • ENTREPRENEUR
    • GREEN ENERGIES
    • SUCCESS
    • GOOD LIFE

© 2021 - TheGreatNews.com - All rights reserved!