CO2 based Utility-Scale Long Duration Energy Storage

CO2 Battery is a cost-effective, long-duration energy storage system using CO2, achieving 75% efficiency and a 30+ year lifespan, enabling the storage of renewable energy for utilities and developers.

Subsidie
€ 2.500.000
2023

Projectdetails

Introduction

CO2 Battery is a Long Duration Energy Storage system based on a closed thermodynamic loop that uses CO2 as the working fluid. Thanks to the properties of carbon dioxide, the system allows for efficient and cost-effective energy storage.

Key Metrics

CO2 Battery metrics are:

  • Round-trip efficiency (RTE): 75% without degradation over time
  • CAPEX: 183 /kWh (First-of-its-kind) able to drop to 103 /kWh with a capacity of 50 plants per year
  • Lifetime: 30+ years
  • Modular and site independent
  • Material Usage: No rare materials that are hard to supply or dismantle; it uses only steel, water, and CO2.

Impact on Energy Transition

CO2 Battery makes the energy transition possible, as the technology can store massive amounts of intermittent renewable energies.

Target Customers

Customers include:

  1. Utilities & Independent Power Producers
  2. Renewable Energy developers
  3. Large Commercial & Industrial (C&I) entities
  4. Energy transport and distribution operators

All of these customers require efficient systems to store energy for periods longer than 4 hours.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 2.500.000
Totale projectbegroting€ 3.946.662

Tijdlijn

Startdatum1-2-2023
Einddatum31-3-2025
Subsidiejaar2023

Partners & Locaties

Projectpartners

  • ENERGY DOME SPApenvoerder

Land(en)

Italy

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