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Amongst startups attempting to commercialize zero-emissions heat batteries, Rondo stands out for its easy strategy. Opponents’ warmth batteries typically contain some form of new approach or engineered materials that’s a couple of steps away from any present industrial expertise. However the heat-resistant bricks inside a Rondo warmth battery are much like these which were utilized in high-temperature steelmaking for over a century, that means they’re already produced cheaply and at industrial scales. That gross sales pitch is resonating with traders, who’ve poured $85 million into the startup over the previous two years.
Key indicators
- Business: Vitality storage
- Based: 2020
- Headquarters: Alameda, California, USA
- Notable truth: The corporate’s identify pays homage to the musical time period for a sort of composition with a recurring theme. Cofounders John O’Donnell and Pete von Behrens beforehand labored in concentrating solar thermal power; Rondo is their second enterprise into thermal storage.
Potential for influence
Industrial manufacturing of stuff, from clothes and meals to cement and fertilizer, is answerable for about a third of world greenhouse-gas emissions. Most of these emissions come from burning fossil fuels to generate warmth in factories. If Rondo’s warmth batteries show cost-competitive at scale, they might assist remove billions of tons of carbon emissions that might in any other case enter the ambiance every year.
Caveats
Whereas heat-resistant bricks are a confirmed industrial expertise, utilizing them as zero-emissions warmth batteries would require constructing extra wind and photo voltaic vegetation to generate big quantities of low cost renewable power. Electrical energy reforms would even be wanted in lots of elements of the US to make warmth batteries cost-competitive with different types of industrial warmth. These would possibly embody permitting warmth battery customers to buy low cost wholesale energy from the grid throughout instances of the day when renewable power is plentiful—one thing that isn’t attainable immediately in jurisdictions that solely promote energy to industries at a hard and fast day by day fee.
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