Italian startup Energy Dome today announced the launch of the world’s first CO2 battery in Sardinia, Italy. The battery uses carbon dioxide to store renewable energy on the grid, and Energy Dome says the technology can be quickly deployed anywhere in the world.
Energy Dome sited the CO2 Battery in Sardinia to favor speed to market and ease of execution, as it’s in an industrial area with an existing electrical connection. Further, Sardinia currently uses coal, but the fossil fuel will be phased out by 2025. The battery can be paired with both wind and solar.
Energy Dome Founder and CEO Claudio Spadacini The CO2 Battery is now commercially available to make cost-effective renewable energy dispatchable on a global scale Energy Dome began its operations in February 2020 and has progressed from a concept to full testing at multimegawatt scale in just over two years.Energy Dome asserted that its CO2 Battery facility in Sardinia uses off-the-shelf equipment available from a globally established supply chain, and said that rapid global deployment of the CO2 Battery is now possible without bottlenecks.
The company has secured multiple commercial agreements, including one with Italian utility A2A for the construction of the first 20 MW-5h facility. Earlier this year, Energy Dome also signed a nonexclusive license agreement with Ansaldo Energia, a power generation plant and component provider, to build long-duration energy storage projects in Italy, Germany, the Middle East, and Africa. Energy Dome’s plan is backed by investors that include European deep tech venture capital firm 360 Capital, Barclays, Novum Capital Partners, and Third Derivative.
CO2 is one of the few gases that can be condensed and stored as a liquid under pressure at ambient temperature, so, as Energy Dome states on its website, it’s the perfect fluid to store energy cost-effectively in a closed thermodynamic process. It allows for high-density energy storage without the need to go to extremely low temperatures.
Source: This news is originally published by electrek