Energy Dome wins BNEF Pioneers 2022 for CO2 battery long-duration energy storage space technology

• Energy Dome's emission-free energy storage space technique utilizes carbon dioxide in a closed loop charge/discharge cycle that can store and also dispatch renewable resource onto the grid over durations from four to 1 day.

Energy Dome is a winner in the Bloomberg New Energy Finance (BNEF) Pioneers 2022 technology competition for its development and also commercialization of the CO2 Battery long-duration energy storage technology, under the category "supplying continuous zero-emissions power." Energy Dome is the very first Italian firm to win the prestigious competition.

Energy Dome's emission-free energy storage space approach utilizes carbon dioxide in a closed loop charge/discharge cycle that can store and also dispatch renewable energy onto the grid over periods from 4 to 24 hr. Energy Dome reports that it plans to build energy storage space projects at half the cost of lithium-ion battery storage technology around the world. Energy Dome's very first commercial CO2 Battery storage center is unfinished in Sardinia, Italy and also currently supplies the CO2 Battery on utility scale, with performance warranties. Energy Dome additionally just recently signed an agreement with Ansaldo Energia that imagines developing as many as 30 energy storage space centers over the next five years in Italy, Germany, the Middle East, and Africa. The centers will certainly make use of Energy Dome's non-flammable, non-toxic carbon dioxide-based energy storage remedy to shop and also dispatch power around the clock.

BNEF Pioneers every year identifies the most encouraging and also impactful technologies that can accelerate international decarbonization and also halt climate change. Pioneers such as Energy Dome are pioneers in fields consisting of energy, transportation, materials, manufacturing, consumer items, and agriculture.

" To be selected as a BNEF Pioneers 2022 winner is not only a huge honor, however likewise a strong validation of our technology and also product, the CO2 Battery, which we are releasing at commercial scale," claimed Claudio Spadacini, Energy Dome founder and chief executive officer. "We are currently seeing strong worldwide passion in the CO2 Battery, which makes use of tried and examined parts, prices half of lithium-ion technology, is highly efficient (Round Trip Efficiency 75+%) and also has no performance deterioration during its 30+ year project lifetime. Our company believe the CO2 Battery will certainly aid significantly accelerate the clean energy shift by changing baseload fossil fuels with fully dispatchable solar as well as wind energy."