Energy Dome and Ansaldo Energia partner on energy storage in EMEA
Energy Dome and Ansaldo Energia have announced a partnership to bring energy storage facilities to Europe, the Middle East and Africa (EMEA).
Long-duration energy storage solutions provider Energy Dome will provide the CO2 battery technology. Ansaldo Energia, a power engineering company, will provide equipment, engineering, and construction of new grid-scale energy storage facilities.
The two signed a non-exclusive license agreement to partner on the commercialization of long-duration energy storage facilities across the EMEA region. It aims to support greater integration and use of renewable energy on the grid.
The partnership aims to accelerate the transition away from fossil fuel power toward renewable energy to meet climate goals.
These facilities will use Energy Dome’s non-flammable, non-toxic carbon dioxide-based energy storage solution to store and dispatch power.
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“Our agreement with Energy Dome is an important step in Ansaldo’s plans to expand our clean energy business with energy storage solutions to help power industry players get the most out of their solar, wind and other renewable energy resources, while ensuring reliability,” commented Giuseppe Marino, CEO of Ansaldo Energia after signing the agreement.
“We are pleased to include Energy Dome’s low-cost, long-duration energy storage solution in our suite of grid-scale clean energy solutions and look forward to deploying CO2 Batteries in Europe, the Middle East, and Africa.”
CO2 battery technology
Energy Dome’s CO2 battery technology does not involve scarce and environmentally challenging raw materials like lithium.
It uses carbon dioxide and off-the-shelf components to charge and discharge power from four to 24 hours, enabling renewables to serve as fully-dispatchable daily energy resources.
The batteries feature flexible deployment at less than half the cost of similar-sized lithium-ion battery storage facilities. They are also considered to have superior round-trip efficiency, with no performance degradation over a 25-year lifecycle, according to Energy Dome.
The CO2 battery uses CO2 in a closed-loop charge/discharge cycle as a storage agent.
Prior to charging, gaseous CO2 is kept in a large dome structure. During charging, electricity from the grid is used to compress the CO2 into liquid form, creating stored heat in the process. During discharge, the liquid CO2 is evaporated using the stored heat, expanded back into its gaseous form, and used to drive a turbine to generate electricity.
“We are excited to partner with Ansaldo Energia to scale the deployment of low-cost, easy-to-build CO2 Battery storage facilities,” commented Energy Dome Founder and CEO Claudio Spadacini, in a statement.
This news comes in as Energy Dome’s first commercial CO2 Battery storage facility nears completion in Sardinia, Italy.
Energy Dome anticipates seeing as many as 30 facilities being built over the next five years in Italy, Germany, the Middle East and Africa.
The companies anticipate the deployment of the first CO2 batteries, including performance guarantees, starting in 2023.
