Melbourne, Australia – 24 February 2025 – Energy Dome, a global leader in long-duration energy storage (LDES) technology, has announced the establishment of its Asia-Pacific (APAC) headquarters in Melbourne, Victoria. This strategic move is supported by the Victorian Government, underscoring the state’s commitment to fostering innovation, creating jobs, and accelerating the transition to renewable energy.
A rendering of what Energy Dome’s energy storage system could look like in Victoria’s Latrobe Valley.
Energy Dome’s groundbreaking CO2 Battery technology, which stores large amounts of intermittent renewable energy, is uniquely suited to regions transitioning away from coal-fired power and facing significant industrial energy demands. The company is actively identifying potential sites across Victoria to deploy its CO2 Battery technology, which will enhance long-duration energy storage capacity, strengthen local supply chains, and support the sustainability of Victoria’s energy industry.
The decision to establish its APAC headquarters in Melbourne builds on the strong economic and cultural ties between Victoria and Milan, Italy, where Energy Dome was founded in 2020. The company is nearing completion of its full-scale CO2 Battery plant in Sardinia and has secured multiple commercial contracts for deployments in the USA and India.
Victoria’s world-leading targets to achieve net zero emissions by 2045, coupled with its robust initiatives to attract investment and innovation, align seamlessly with Energy Dome’s mission to decarbonize the global energy system. The Victorian Government’s support, including through agencies such as LaunchVic, Breakthrough Victoria, and Invest Victoria, has been instrumental in facilitating this expansion.
Claudio Spadacini, CEO of Energy Dome, commented: “Energy Dome has identified critical advantages in establishing our APAC team in Victoria to lead the deployment of the CO2 Battery, and the Victorian Government’s support will enable us to accelerate our expansion in the state.”
Danny Pearson, Victorian Minister for Economic Growth and Jobs, stated: “Victoria is open for business – Energy Dome calling Victoria home will bring world leading technology to Melbourne, create more jobs for Victorians and contribute to our economic growth.”
Lily D’Ambrosio, Victorian Minister for Climate Action, added: “This is a win for our renewable energy transition with groundbreaking long duration energy storage technology available to help slash Victorians’ power bills.”
Energy Dome’s CO2 Battery technology is designed to store renewable energy efficiently and cost-effectively, ensuring grid stability and reliability as coal-fired power stations retire. The technology leverages existing infrastructure, such as substations and transmission lines, to store and dispatch solar and wind power when needed most.
The establishment of Energy Dome’s APAC headquarters in Melbourne marks a significant milestone in the company’s global expansion and reinforces Victoria’s position as a hub for clean energy innovation. Energy Dome looks forward to collaborating with local communities, industry partners, and government agencies to deliver a sustainable and resilient energy future for the region.
For more information, read the Victorian Government’s official press release here.
About the Victorian Government’s Renewable Energy Initiatives:
The Victorian Government is committed to achieving net zero emissions by 2045 and has implemented a range of initiatives to attract investment, foster innovation, and create jobs in the clean energy sector. Through agencies such as LaunchVic, Breakthrough Victoria, and Invest Victoria, the government is driving the state’s transition to a sustainable and resilient energy future.
About Energy Dome:
Energy Dome is at the forefront of redefining long-duration energy storage with its CO2 Battery. The properties of carbon dioxide allow the system to store energy efficiently and cost-effectively through a patented thermodynamic process, hence representing the most valid alternative to lithium-ion batteries or pumped-hydro solutions. The CO2 Battery is already a fully validated and cost-effective system that uses no lithium or rare-earth elements to store electricity, boasting superior round-trip efficiency. With a modular approach and site-independent footprint, CO2 Batteries use readily available, off-the-shelf components from reliable, existing supply chains, providing a scalable pathway to store massive amounts of intermittent renewable energy and accelerate the energy transition; it’s the only technology available today offering the right combination of efficiency, cost, scalability and that’s viable globally. For more information, please visit energydome.com.
Media Contact: Mario Torchio – m.torchio@energydome.com