The Anonymous Widower

Enery Dome Closes $11M Convertible Round To Accelerate Commercial Deployment Of CO2 Battery

The title of this post, is the same as that of this press release from Energy Dome.

When I first saw Energy Dome on the Internet, I thought they had something.

Energy Dome Secures Funding, Partner For New CO2 Energy Storage Projects was my first post about the company and this is an extract, from that post.

Note.

  1. It appears that Energy Dome has weaponised carbon dioxide against climate change.
  2. Providing 2.5 MW for over an hour and a half is an impressive performance.
  3. I think this project has the style we associate with Italy and Italians.

I have found their website at energydome.com and behind their energy storage system is unusual technology.

Their web site says this about their choice of storage medium.

CO2 is the perfect fluid to store energy cost effectively in a closed thermodynamic process as it is one of the few gases that can be condensed and stored as a liquid under pressure at ambient temperature. This allows for high density energy storage without the need to go at extreme cryogenic temperatures.

That is breathtakingly simple!

The main tank for the gaseous carbon dioxide is an inflatable dome and the liquid carbon dioxide is stored in steel tanks.

A turbine -compressor moves the carbon dioxide between gaseous and liquid states storing it appropriately.

It is very impressive! And I suspect extremely affordable!

This was the sub-heading of Tuesday’s press release.

Provider of long-duration energy storage completes convertible funding round co-led by CDP Venture Capital Sgr and Barclays and joined by Novum Capital Partners, ahead of planned Series B round.

This is the second time they have raised eleven million dollars to fund a project.

This paragraph from the press release outlines how the money will be used.

Energy Dome’s rapid technological development motivates the speed and frequency of the funding rounds. The Series A enabled the company to complete its 2.5MW / 4MWh commercial demonstration plant in Sardinia, Italy, the final step of technology de-risking. Energy Dome has begun the commercialization of the CO2 Battery. This latest bridge funding will allow the company to accelerate its development in advance of the Series B round by placing purchase orders for the long lead time turbomachinery equipment associated with its First of a Kind utility scale (20MW, 200MWh, 10-hour duration) energy storage projects. A Memorandum of Understanding for this first utility scale project has been signed with A2A, a major European utility, and the company is making strong progress on its commercial pipeline.

This is a company to watch.

 

July 1, 2022 Posted by | Energy, Energy Storage | | Leave a comment

Energy Dome Launches World’s First CO2 Battery Long-Duration Energy Storage Plant

The title of this post, is the same as that of this article on Renewable Energy Magazine.

This is the first paragraph.

Energy Dome, a provider of utility-scale long-duration energy storage, has successfully launched its first CO2 Battery facility in Sardinia, Italy. This milestone marks the final de-risking of the CO2 Battery technology as Energy Dome enters 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.

I like their technology and you can find more about it on their web site.

They say this about how they use the unique properties of carbon dioxide.

CO2 is the perfect fluid to store energy cost effectively in a closed thermodynamic process as it is one of the few gases that can be condensed and stored as a liquid under pressure at ambient temperature. This allows for high density energy storage without the need to go at extreme cryogenic temperatures.

And it’s not that carbon dioxide is a rare and expensive gas.

This is certainly technology to watch.

June 10, 2022 Posted by | Energy Storage | , , , | Leave a comment

Italian Group Taps CO2 For Energy Storage

The title of this post, is the same as that, as this article on Power Magazine.

It takes the form of an interview with Claudio Spadacini, who is the founder and CEO of Energy Dome.

Energy Dome will use carbon dioxide to store energy.

Technically, it looks a viable concept to me.

February 1, 2022 Posted by | Energy Storage | , | Leave a comment

Energy Dome Secures Funding, Partner For New CO2 Energy Storage Projects

The title of this post is the same as that of this article on Renewables Now.

This is the first paragraph.

Energy Dome SpA announced on Tuesday that it has closed a funding round securing USD 11 million (EUR 9.7m) to finalise the construction of a demonstration 2.5-MW/4-MWh carbon dioxide (CO2) battery storage project in Sardinia and to speed up business growth.

Note.

  1. It appears that Energy Dome has weaponised carbon dioxide against climate change.
  2. Providing 2.5 MW for over an hour and a half is an impressive performance.
  3. I think this project has the style we associate with Italy and Italians.

I have found their website at energydome.com and behind their energy storage system is unusual technology.

Their web site says this about their choice of storage medium.

CO2 is the perfect fluid to store energy cost effectively in a closed thermodynamic process as it is one of the few gases that can be condensed and stored as a liquid under pressure at ambient temperature. This allows for high density energy storage without the need to go at extreme cryogenic temperatures.

That is breathtakingly simple!

The main tank for the gaseous carbon dioxide is an inflatable dome and the liquid carbon dioxide is stored in steel tanks.

A turbine -compressor moves the carbon dioxide between gaseous and liquid states storing it appropriately.

It is very impressive! And I suspect extremely affordable!

December 1, 2021 Posted by | Energy, Energy Storage | , , | 2 Comments