- ENERGYNEST and Yara welcomed Terje Aasland, Norwegian Minister of Energy, to Yara’s production facility in Porsgrunn
- ENERGYNEST’s first-of-its-kind thermal storage installation is in operation at Yara’s Porsgrunn facility and enables saving of 12GWh of electricity imports and 6,000 metric tons of indirect CO2 emissions annually
- The Porsgrunn facility helps feed approximately 50 million people globally and solutions like ENERGYNEST’s are essential to decarbonizing the food value chain
Oslo, Norway, 15 October 2024 – Leading thermal storage provider ENERGYNEST and global crop nutrition leader Yara International welcomed Terje Aasland, Norwegian Minister of Energy, to Yara’s fertilizer production facility in Porsgrunn, Norway, to visit ENERGYNEST’s first-of-its-kind thermal storage installation is in operation. During his time in Porsgrunn, the Minister spoke with members of the ENERGYNEST and Yara teams and representatives from Innovation Norway about scaling green technology like thermal energy storage solutions from ENERGYNEST in Europe and beyond.
ENERGYNEST has partnered with Yara to integrate its 4 MWh ThermalBatteryTM to the steam grid at the Porsgrunn facility. The battery stores thermal energy by condensing high-pressure steam then generating low-pressure steam on demand. This increases energy efficiency and provides greater flexibility to the facility’s grid. Overall, the system enables savings of 12GWh of electricity imports and 6,000 metric tons of indirect CO2 emissions annually.
Located at Herøya Industripark, Yara Porsgrunn is Norway’s largest industrial area and the world’s largest complex fertilizer plant using the nitrophosphate method. The facility provides 18 percent of Yara’s total fertilizer production and its products help feed approximately 50 million people around the world. Innovation Norway helps Norwegian companies to grow sustainably and increase exports by providing access to competence, capital and networks, including ENERGYNEST.
Terje Aasland, Minister of Energy, Norway, said: “In line with the energy transition, power generation from renewable, variable and non-regulated sources will increase. ENERGYNEST’s installation at Yara’s Porsgrunn facility is a great example of how Norwegian companies are enabling energy efficiency and flexibility.”
Dr. Christian Thiel, CEO, ENERGYNEST, said: “We were excited to welcome the Minister to visit our thermal energy storage solution – the first project of its kind in the world. Like many industrial sectors, the food value chain has had relatively few immediately available decarbonization solutions without disruption to supply chains. Our technology offers an alternative to fossil fuels by enabling industrial players like Yara to store and release renewable energy on demand helping to ensure greater food and energy security.”
Ole-Jacob Siljan, Plant Manager, Yara Porsgrunn, said: “As the world’s leading supplier of mineral fertilizer, we are striving to make our operations as sustainable as possible and have already reduced our emissions by 60% percent subject to quotas since 2005. Yara is proud to be a first mover in the thermal storage sector through our collaboration with ENERGYNEST as we are continually working to invest in technology-based solutions that will assist us to decarbonizing the food value chain and transforming the food system.”
About ENERGYNEST:
Founded in 2011, ENERGYNEST is at the forefront of thermal energy storage. The company’s ThermalBatteryTM provides secure, green energy to reduce reliance on fossil fuel in energy systems and high-carbon industrial processes. The company’s thermal batteries enable renewables growth without grid constraints and support industry to recycle heat and steam for later use. Our technology is flexible and can help decarbonize dispersed industrial sites. Available now, the thermal batteries reduce energy costs and carbon emissions. The technology is quick to install, easy to scale and gives customers security on supply and pricing.
About Yara International
Yara’s mission is to responsibly feed the world and protect the planet. We pursue a strategy of sustainable value growth through reducing emissions from crop nutrition production and developing low-emission energy solutions. Yara’s ambition is focused on growing a nature-positive food future that creates value for our customers, shareholders and society at large and delivers a more sustainable food value chain.
To drive the green transition in fertilizer production, shipping, and other energy-intensive industries, Yara will produce ammonia with significantly lower emissions. We provide digital tools for precision farming and work closely with partners at all levels of the food value chain to share knowledge and promote more efficient and sustainable solutions.
Founded in 1905 to solve the emerging famine in Europe, Yara has established a unique position as the industry’s only global crop nutrition company. With 17,000 employees and operations in more than 60 countries, sustainability is an integral part of our business model. In 2023, Yara reported revenues of USD 15.5 billion.
Media inquiries
- Mareike Schumm – msc@energynest.com
- FTI Consulting – energynest@fticonsulting.com
