Bill Gates-Backed Startup Pilots Unique Battery to Help Heavy Industry

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 50%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Thermal energy storage could help provide heat and electricity for hard-to-decarbonize sectors like cement and steel.

-- A thermal battery startup backed by Bill Gates’ Breakthrough Energy Ventures has launched its first commercial-scale system, a major step toward its goal of weaning heavy industry off fossil fuels.

Because the Antora system can discharge power both as thermal heat and electricity, “you can achieve the benefits of industrial CHP, combined heat and power, in a zero-carbon way,” said Jon Glass, the acting deputy director for commercialization at the Department of Energy’s Advanced Research Projects Agency — Energy , which awarded Antora more than $7.75 million as part of a program aimed at developing long duration energy storage systems.

She estimated that the market for industrial plants within the US that require process heat and power to be $60 billion, and potential customers include chemical suppliers, the fuels industry, cement, steel, oil and gas refining, as well as food and beverage.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines