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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe breakthrough battery technology that could replace lithium-ion for energy storageThermal batteries could be the future of energy storage, offering a cost-effective way to store renewable energy and decarbonize heavy industries like steel and cement production. Unlike lithium-ion batteries, they use raw materials like bricks and graphite to store heat, making them cheaper and more scalable. CNBC talked to companies like Rondo Energy and Antora Energy to understand why they're betting big on this technology and how it could transform clean energy.
Organizations: CNBC, Rondo Energy, Antora Energy
Thermal batteries could transform renewable energy storage and provide a cheaper and scalable alternative to lithium-ion technology. "Heat batteries are a fundamentally new way of storing energy at a small fraction of the cost." Heat batteries store excess electricity as heat in materials like bricks or graphite, which can reach temperatures over 3,000 degrees Fahrenheit. The system stores solar energy during the day and delivers high-temperature heat 24/7. Despite their promise, thermal batteries face hurdles, including high upfront investment and a lack of familiarity among industrial users.
Persons: John O'Donnell, Justin Briggs, O'Donnell Organizations: Rondo Energy, Antora Energy, Fuels Locations: Central
“Gentoo penguins are big climate change winners in the Antarctic,” Heather Lynch told me. Conversely, the more flexible gentoo penguins keep moving farther and farther south, chasing new prey, and even abandoning nests to increase the odds of long-term survival. Julian Quinones/CNNThe gentoo population has exploded by as much as 30,000% in just a few years. Bill Weir/CNNHere lieth the lesson of the camel and the gentoo: Heat will move us, one way or another. I just know River won’t be satisfied without a magic plot twist that somehow saves all creatures great and small.
Persons: Bill Weir, , , , Bill, CNN's, Julian Quinones, Camels, CNN Bill, I’d, ” Heather Lynch, penguins, we’ve, it’s, Xiulin Ruan, CNN Julian Quinones, “ Don’t, Energy's Organizations: CNN, Brooklyn, Central Park Zoo, CNN Penguins, Stony Brook University, gentoo, Purdue, International Energy Agency, Global Locations: Canada, North America, dromedaries, Sudanese, Egypt, Southern Ocean, Antarctica, Manhattan, British Columbia, Yorkshire, England, Phoenix, Japan, Seville, Spain, Miami, Los Angeles, Angeles, Olivia, Colombia, CNN Seville, China, India, Maine
Now, companies like Form Energy, AtmosZero and a Silicon Valley-based startup called Antora Energy are tackling the challenge with more affordable battery technology. "Because of that we're able to store energy at much lower costs." Christina Karapataki of Breakthrough Energy Ventures, which was founded by Bill Gates, says this business could be particularly lucrative. There are now about a dozen thermal energy storage companies using sand, rock, brick or other types of ceramic to store energy as heat. Along with funding from Breakthrough energy, Antora is also backed by Chris Sacca's Lowercarbon Capital, Shell Ventures, BHP Ventures, Grok Ventures and Trust Ventures.
Persons: We've, Justin Briggs, We're, Briggs, Christina Karapataki, Bill Gates, Karapataki, Antora, Chris Sacca's Organizations: Energy, Breakthrough Energy Ventures, Shell Ventures, BHP Ventures, Grok Ventures, Trust Ventures Locations: Fresno , California
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