Milan, Italy – 18, July– Energy Dome, a leading developer of innovative CO2 Battery technology, has secured initial funding from Breakthrough Energy Catalyst, a global initiative dedicated to accelerating the development of climate solutions. This significant milestone marks a crucial step forward in the company’s ambitious project to build a groundbreaking CO2 Battery facility in Ottana, Sardinia.
The funding will support the construction of Energy Dome’s first commercial-scale deployment, designed to validate the scalability of its CO2 Battery technology: this pioneering project aims to revolutionize energy storage, enabling seamless integration of renewable energy sources into the grid.
“This funding will specifically bolster the construction of our pioneering CO2 Battery in Ottana,” said Claudio Spadacini, CEO and Founder at Energy Dome. “I am even more confident that this project will dramatically shift how energy storage is viewed in terms of efficiency and environmental impact.”
The CO2 Battery project in Sardinia will demonstrate Energy Dome’s commitment to developing efficient and environmentally friendly energy storage solutions. The company believes this project will significantly advance the global energy transition by offering a cost-effective and scalable alternative to traditional energy storage methods.
About Energy Dome
Energy Dome is at the forefront of energy storage innovation, enabling the decarbonization of the power grid by making solar and wind power dispatchable around the clock. The company’s revolutionary technology, the CO2 Battery, represents a significant breakthrough in long-duration energy storage, making it a viable solution worldwide. This system leverages the unique properties of carbon dioxide, allowing for efficient and cost-effective energy storage. Its modular design and site-independent footprint ensure flexibility and adaptability. Furthermore, CO2 Batteries utilize readily available, off-the-shelf components sourced from reliable, established supply chains, providing a scalable solution for storing vast amounts of intermittent renewable energy. By accelerating the adoption of these innovative technologies, Energy Dome is paving the way for a cleaner, more sustainable energy future.
For more information, please visit energydome.com.
About Breakthrough Energy
Breakthrough Energy is committed to accelerating the world’s journey to a clean energy future. The organization funds breakthrough technologies, advocates for climate-smart policies, and mobilizes partners around the world to take effective action, accelerating progress at every stage.
Breakthrough Energy Catalyst is a novel platform that funds and invests in first-of-a-kind commercial projects for emerging climate technologies. By investing in these opportunities, Catalyst seeks to accelerate the adoption of these technologies worldwide and reduce their costs.
Catalyst currently focuses on five technology areas: clean hydrogen, sustainable aviation fuel, direct air capture, long-duration energy storage, and manufacturing decarbonization. In addition to capital, Catalyst leverages the team’s energy-infrastructure-investing and project-development expertise to work with innovators on advancing their projects from the development stage to funding and ultimately, to construction.
Learn more about Breakthrough Energy and Catalyst at breakthroughenergy.org.
Media Contact: Mario Torchio