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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.”

Please find the full press release from LDES Council and more information on LDES in general here: https://www.ldescouncil.com/news/long-duration-energy-storage-council-welcomes-eleven-new-members-demonstrating-continued-diverse-interest-in-using-ldes-technologies-to-enable-a-secure-low-carbon-energy-future/

Organized by the German Association for Concentrated Solar Power (DCSP) and the German Energy Storage Systems Association (BVES) as an official side event to the Berlin Energy Transition Dialogue, Dr. Magnus Mörtberg will be part of the webinar “Enabling Energy Transition with Thermal Technologies”.

Magnus will be speaking on Supporting Decarbonisation at Yara with balancing their steam grids using thermal storage as part of Session 1 – Enabling Heat Transition for the Industry Heat Supply & Flexibility Options with Thermal Technologies from 2.00 pm – 3.30 pm CET. The event is held online.

Please find all information on the webinar, the programme and registration here: https://www.bves.de/bves-dcsp-event-enabling-energy-transition-thermal-technologies/

Thermal technologies like concentrated solar power and thermal energy storage systems are key for the decarbonisation of the heat and power sector. Thermal technologies like concentrated solar power and thermal energy storage are key for decarbonizing energy systems. They enable the reliable provision of green heat, contribute to increasing energy efficiency and provide flexibility for both the heat and power sectors.

McKinsey & Company invites to the COP26 Energy Transition follow-up CxO panel event “Technology Unlocks in the Energy Transition” on March 9, during CERAWeek in Houston or virtually via live broadcast. At COP26, they hosted an event on ‘Managing in the Energy Transition’, where technology, commercial, policy and the financing unlocks needed to meet net-zero were discussed. This is part of a series to explore these themes and convene decision-makers to continue the dialogue.

During this upcoming panel session, EnergyNest CEO Christian Thiel will be part of a panel and roundtable. The session will focus on the discussion of the technological breakthroughs required to accelerate the implementation and adoption of CCUS, DAC, LDES and Electrolysis.

More details on the event and registration can be found here: https://www.mckinsey.com/business-functions/sustainability/our-insights/energy-transition-ceo-panel

CEO Christian Thiel will be part of a panel on Feb 24 at 10.45 GMT at International Energy Week 2022 in London: „Mission possible: how can energy providers and sectoral users transform the sustainable energy system at pace? Decarbonizing the hard-to-abate parts of the energy system: how can companies and governments make the most from industry and transport transformation?“

The panel is comprised of a high-profile range of companies and speakers, with Louise Kingham CBE FEI from bp, Morten Bo Christiansen from A.P. Moller – Maersk, Michele Fiorentino from Baker Hughes, Anthony Hobley from Mission Possible Partnership, Bjørn Otto Sverdrup from OGCI (Oil and Gas Climate Initiative), moderated by Chantal Beck from McKinsey & Company.

More details on the event and registration can be found here: https://www.ieweek.co.uk/