New CO2 Battery that Stores Renewable Energy Rolls Out in 2023

This month, an Italian startup announced the successful launch of a newly developed CO2 battery that uses carbon dioxide to store renewable energy on the grid at a utility scale. The innovative technology is now ready for global deployment.

Concept to Product

Energy Dome began operations in February 2020. Two years later, its development team has succeeded in transforming its concept into full-scale testing of a multi-megawatt plant.

The operators completed troubleshooting for the CO2 Battery technology at its first facility in Sardinia, Italy. They are now entering the commercial scaling phase, making it the first commercial long-duration energy storage technology on the market. The product offers a reliable alternative to fossil fuels for dispatchable baseload power to any corner of the world.

The CO2 Battery's performance, coupled with its ability to store energy for a long time, has been confirmed during the initial phase of operations. The product also maintained highly competitive round-trip efficiency without site dependency or degradation.

The key to this Sardinia demonstration project was the use of off-the-shelf equipment from a globally established supply chain. This method demonstrates that rapid global deployment of the CO2 Battery is now possible with no bottlenecks.

Energy Dome Team

Claudio Spadacini, Energy Dome Founder and CEO expressed pride in his dedicated team and the results they have presented. He is pleased that their company can now address the world's most pressing issue, climate change. He announced that their breakthrough technology, the CO2 Battery, is now commercially available, allowing for cost-effective renewable energy dispatch on a global scale.

CO2 Batteries from Energy Dome can be quickly deployed anywhere in the world for less than half the cost of lithium-ion battery storage facilities of comparable size. Their technology also makes use of readily available materials like steel, carbon dioxide, and water. The company is currently constructing its first full-scale 20MW-200MWh plant. By the end of 2023, the company plans to have its plant and technology operational.

Spadacini has assembled a team of process engineers, turbomachinery experts, and energy experts. His hand-picked team has a track record of developing innovative turbines. The Energy Dome process is unique in that it combines well-known components in a novel industrial process based on a CO2 thermodynamic transformation. The Bloomberg New Energy Finance Pioneers 2022 technology competition named the Energy Dome process a winner.

Read also: Biobattery for Hydrogen Storage Developed by Microbiologists in New Study 

Deployment

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

The company, which also has a UK office, plans to launch its Series B fundraising round to fund a rapid commercial scale-up, Good News Network reports.

About Energy Dome

Energy Dome is a startup based in Milan, Italy, that was founded in 2019 by Spadacini. A group of experts, including innovators, engineers, and business professionals, make up the company.

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