TheStorage provides a modular energy storage solution that utilizes a patent-pending electric heating system to heat and store sand at temperatures up to 1200 °C, enabling the discharge of steam, hot air, or hot pressurized water. This technology addresses the high CO2 emissions from industrial heat production by offering a zero-emission alternative for combined heat and power applications.
Funding
€3.6M 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.
MPSCFounders
Product
Problem
Industrial heat production relies heavily on burning fossil fuels, contributing significantly to global CO2 emissions. The intermittent nature of renewable energy sources also poses a challenge for consistent heat and power supply in various industrial applications.
Solution
TheStorage offers a modular, grid-scale energy storage solution that addresses these issues by utilizing a patent-pending electric heating system to heat and store sand at temperatures up to 1200 °C. This allows for the discharge of steam, hot air, or hot pressurized water on demand, providing a zero-emission alternative for combined heat and power (CHP) applications and industrial heating processes. The system effectively turns intermittent renewables into a constant source of heat and power, buffering energy for later use. The discharged media can be steam/superheated steam, hot air, or hot pressurized water.
Target Audience
The primary target audience includes industries requiring high-temperature heat, district heating providers, and combined heat and power plants seeking to reduce their carbon footprint and improve energy efficiency.
Features
- Modular design allowing for scalable storage capacity, ranging from 10 to 500 MWh.
- Electric heating system capable of heating sand up to 1200 °C.
- Patent-pending heat exchanger for efficient discharge of stored heat as steam, hot air, or hot pressurized water.
- High round-trip efficiency of up to 98% when used in combined heat and power configurations.
- Compatibility with various industrial heating applications, including district heating, hot water, steam generation, and hot oil production.
- Ability to integrate with renewable energy sources to provide a consistent and reliable heat and power supply.