Hyme offers a compact molten‑salt thermal energy storage system that converts surplus renewable electricity into high‑temperature steam on demand, providing continuous 24‑hour green heat for industrial processes. By integrating with existing steam infrastructure, the solution reduces carbon emissions, lowers energy costs, and enables manufacturers to participate in grid‑balancing markets.
Funding
$2.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
EAFounders
Product
Problem
Industrial processes that require high-temperature steam rely on fossil-fuel boilers, leading to high carbon emissions, volatile fuel costs, and limited flexibility when renewable electricity is intermittent.
Solution
Hyme provides a compact thermal energy storage system that converts surplus renewable electricity into high‑temperature steam on demand. Molten‑salt storage captures cheap, abundant green power and releases it as continuous, 24‑hour steam, eliminating the need for fossil fuels. The solution integrates with existing plant infrastructure, requiring minimal retrofitting while delivering cost‑competitive, low‑carbon heat. By storing electricity when prices are low and discharging steam when needed, Hyme enables industries to reduce emissions, lower energy expenses, and participate in grid‑balancing markets.
Target Audience
Primary customers are energy‑intensive manufacturers such as food & beverage processors, chemical and petrochemical plants, pharmaceutical producers, alumina and metal manufacturers, and bio‑based material producers seeking low‑carbon heat.
Features
- Molten‑salt thermal storage delivering up to 24 hours of continuous high‑temperature steam discharge
- Conversion of renewable electricity to steam with on‑demand output, independent of weather conditions
- Compact plant design that fits within existing industrial footprints and uses standard equipment plus Hyme’s storage medium
- Energy cost optimization by charging during periods of low‑price renewable electricity and discharging when electricity is expensive or scarce
- Proven decarbonisation impact: each megawatt of heat can offset up to 2,000 tCO₂ per year compared with natural‑gas boilers
- Seamless integration with current steam systems, avoiding costly overhauls