The Long Duration Energy Storage (LDES) Council, a global CEO-led organization focused on replacing the use of fossil fuels to meet peak demand with zero-carbon long duration energy storage, today welcomes an additional eleven new members. The organization now has a total of 47 diverse companies in regions across the world representing the full spectrum of the energy transition – including technology innovators, equipment providers, renewable energy companies, utilities, investors, and end-users.
Joining the LDES Council are six new anchor members: Compass Datacenters, INNIO, Quinbrook Infrastructure Partners, Reliance, Shell, and The Voith Group; as well as five technology members: Breeze, Brenmiller Energy, EnergyNest, Invinity Energy Systems, and SaltX Technology.
The addition of these new members builds upon the strong momentum the LDES Council has gained since launching in November 2021 at COP26 in Glasgow. The diverse perspectives and broad range of experience offered by the new LDES Council members will add tremendous value as the organization works to support governments, grid operators and major electricity users in the global adoption of cost-effective long duration energy storage to replace the use of fossil fuels.
In 2022, the LDES Council is prioritizing research into a number of decarbonization topics, led by Working Groups formed from member company representation. EnergyNest will focus on the following working group:
Net-zero heat: Heat decarbonization is poorly understood and underrepresented in global efforts despite constituting nearly half of global energy consumption. A comprehensive fact-base on net-zero heat along with a standardized perspective on heat decarbonization pathways and cost benchmarking will help illustrate the market potential of thermal LDES technologies, and improve optimization of energy systems overall through coupling of power, heat, and hydrogen.
Christian Thiel on EnergyNest joining the LDES Council: “For EnergyNest, it is all about making a true energy transition come to life and enable a world powered by renewables with reliable thermal energy storage. We are very happy to see an increasing focus and pace on heat and its importance for decarbonization, also now with the Net Zero Heating initiative driven by LDES. Industrial energy consumption with industrial heat as the main driver accounts for about one third of global energy consumption. The willingness to decarbonize and act will determine how fast we can make a change, and realize carbon reduction and efficiency gains. The LDES Council brings together innovative companies and smart people, who are all about constantly pushing the boundaries by developing new, sustainable and green technologies. We are proud to become part of this initiative and put industrial heat on the agenda of industry and governments.”