Energy Dome launches 4MWh demonstrator project in Italy & plans Series B & More News Here

Italian startup Energy Dome has launched the primary demonstrator project of its carbon dioxide-based vitality storage resolution, a 4MWh system in Sardinia, Italy, whereas additionally revealing Series B plans.

The 2.5MW/4MWh CO2 Battery facility is now absolutely operational after an preliminary section of operations to check its efficiency. Construction began simply over a yr in the past, as reported by Energy-Storage.information, and concerned a crew of specialists in turbomachinery, course of engineering and vitality.

The firm’s expertise makes use of a thermodynamic cycle to retailer and dispatch vitality with a 4-24 hour period. It ‘charges’ by drawing carbon dioxide from a big atmospheric gasholder (the Dome) and storing it beneath stress at an ambient temperature, and dispatches by evaporating and increasing the fuel right into a turbine to generate electrical energy and return it again to the Dome. See a video explainer under.

Energy Dome was based by technologist and entrepreneur Claudio Spadacini and included three years in the past. Following an US$11 million Series A in December its VC backers embrace 360 Capital, Barclays, Novum Capital Partners and Third Derivative, and the corporate is now planning to launch a Series B spherical, it has revealed.

The Milan-based startup will use its Series A cash to deliver a bigger, 20MW/100MWh project to life. That project is being executed in partnership with utility A2A which participated in the fundraise.

Energy Dome additionally lately scored a worldwide licencing settlement with Italian energy engineering agency Ansaldo Energia. The settlement permits Ansaldo to commercialise Energy Dome’s expertise in its core markets the place it has a historic business presence.

The firm says its expertise has an vitality storage density 10-20 occasions greater than different compressed air vitality storage (CAES) options and two-thirds that of liquid air vitality storage (LAES). However, Energy Dome factors out that its resolution doesn’t require the cryogenic temperatures of LAES which might enhance system complexity and competitiveness, it claims.

Other corporations providing options round compressed fuel embrace Corre Energy, which raised €20 million final yr for its inexperienced hydrogen manufacturing and compressed air vitality storage resolution and contributed a visitor weblog on Energy-Storage.information simply yesterday.

Canada-based Hydrostor simply landed a big 1,500MWh project in a metropolis in Australia which can use its A-CAES expertise (superior CAES). It’s superior declare derives from an alternative choice to fossil gasoline pre-heating, larger round-trip effectivity than standard CAES, and a better siting and building course of.

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