Understanding the Urgent Need of renewable energy storage
Context
As the world transitions away from fossil fuels, industrial heat decarbonization has become a crucial challenge.
In the race to mitigate climate change, the European Green Deal sets ambitious targets to achieve carbon neutrality by 2050, with a 55% reduction in greenhouse gas emissions by 2030 compared to 1990 levels. This bold vision outlines a comprehensive transformation of the energy landscape, addressing some of the most pressing challenges of our time.
To meet these goals, the European Commission has prioritized several key actions:
- Phasing out fossil fuels: This includes the planned decommissioning of coal-fired power plants, a critical step toward reducing emissions.
- Expanding renewable energy deployment: As renewable sources like solar and wind grow, their inherent intermittency and occasional overproduction create challenges for grid stability and resource utilization.
- Industrial electrification: The push for electrifying industrial processes, such as generating steam for manufacturing, as well as buildings and transportation, is driving a significant increase in electricity demand.
Storabelle focuses on transforming this sector by providing large-scale thermal energy storage solutions. By harnessing surplus green electricity, we store thermal energy and release it as cost-effective, carbon-free heat or steam for industrial use. This helps industries reduce their carbon footprint and meet sustainability goals while optimizing energy use
Storabelle’s Mission
Storabelle focuses on transforming industrial processes through a cutting-edge renewable energy storage system with low-carbon solutions.
Impact on Grid
Renewable energies offer numerous advantages: they are abundant, sustainable, greenhouse gas-free, and widely available, significantly reducing our dependence on fossil fuels.
However, they also come with notable challenges, primarily their intermittency. The sun doesn’t shine 24/7, and the wind blows variably. This variability creates challenges for grid stability, leading to voltage fluctuations and an increased risk of power outages.
Conversely, during periods of strong wind or intense sunlight, green energy sources can produce a surplus of electricity. Unfortunately, much of this excess energy cannot be absorbed by the grid and is wasted, representing a missed opportunity to optimize renewable resources. Storabelle’s technology directly addresses this issue by capturing and storing surplus green electricity as thermal energy, helping to stabilize the grid while ensuring that no green energy goes to waste.
Environmental impact
Industrial heat decarbonization is a critical challenge, as heat accounts for approximately 50% of global final energy demand and remains largely carbon-intensive. While the transition to renewable electricity is progressing, industrial heating alone represents about 24% of global energy-related greenhouse gas emissions. By replacing fossil fuel-based burners with Storabelle’s thermal energy storage system, we eliminate the need for carbon-heavy energy sources, directly reducing emissions.
Our solution enables industries to use surplus green electricity, storing it as thermal energy for later use, which significantly decreases their environmental impact. This transition to sustainable heat storage is essential for meeting global net-zero targets and accelerating the decarbonization of the industrial sector. Storabelle is committed to helping industries reduce their carbon footprint while enhancing energy efficiency.
Heat Competitiveness with Storabelle
Storabelle’s thermal energy storage solution offers a game-changing alternative to fossil fuel-based heat production. By leveraging surplus green electricity to generate heat, we have already achieved cost parity with natural gas. This makes our system not only a sustainable option but also a financially competitive one.
With rising carbon pricing and the volatility of fossil fuel markets, Storabelle provides industries with a stable and predictable energy cost. Our innovative Power-to-Heat technology allows you to reduce dependence on gas or oil, ensuring significant cost savings while meeting decarbonization targets. With Storabelle, your industrial heat becomes both more affordable and environmentally responsible, empowering your business to stay competitive in an evolving energy landscape.
Storabelle’s Mission
Storabelle focuses on transforming industrial processes through a cutting-edge renewable energy storage system with low-carbon solutions.
At Storabelle, our mission is to accelerate the transition to a sustainable energy future by providing innovative thermal energy storage solutions. We are committed to helping industries decarbonize their heat processes by harnessing surplus green electricity and storing it as thermal energy for later use.
Our technology enables industrial clients to replace carbon-intensive fossil fuels with clean, cost-effective heat or steam, reducing both their environmental impact and energy costs. By focusing on thermal storage, we aim to address one of the most significant challenges in the global energy transition—decarbonizing industrial heat.
Our solution enhances energy efficiency, stabilizes costs, and supports the broader adoption of renewable energy, ultimately contributing to a cleaner, more resilient energy system for the future.
