Zero Industrial develops thermal energy storage (TES) projects to decarbonize industrial heat. Their solutions help customers reduce emissions, lower energy costs, and mitigate energy price volatility.
Funding
$10M 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.
EIFounders
Product
Problem
Many industrial processes rely on heat generated from fossil fuels, contributing significantly to carbon emissions and exposing businesses to volatile energy prices. Traditional methods of storing thermal energy can be inefficient, costly, and difficult to integrate into existing industrial facilities.
Solution
Zero Industrial develops and deploys thermal energy storage (TES) projects that enable industrial facilities to decarbonize their heat supply. They provide a full suite of services, including project feasibility assessments, equipment selection, project design, permitting, electricity procurement, financing, project execution, and operations and maintenance (O&M). Zero Industrial finances the entire project and sells heat to customers under a long-term Heat-as-a-Service agreement. Their TES solutions utilize off-peak and intermittent electricity sources to generate and store thermal energy, reducing reliance on fossil fuels and lowering energy costs.
Target Audience
Zero Industrial targets industrial customers seeking to reduce carbon emissions, lower energy costs, and mitigate energy price volatility.
Features
- Full-service development from project feasibility to operations.
- Electricity procurement program to secure low-cost, clean electricity.
- Project financing through third-party investment partners.
- Management of project design, construction, and delivery.
- Selection of commercially available thermal energy storage equipment.
- Integration with existing customer sites.
- Supply of heat and steam at a wide range of temperatures.