The cost of generating electricity from renewable energies has been decreasing significantly. When powered by cheap renewable energy, thermal energy storage can help decouple energy supply from demand. This makes on-demand, clean electrified heating scalable and more affordable.
Thermal energy storage can provide clean, reliable, and flexible heat. This heat can then be used in industrial applications, such as drying paper, curing bricks, treating chemicals, or sanitizing medical equipment.
Today, TES remains underutilized. While the business case has been improving, investments in thermal energy storage technologies are hampered by a lack of confidence in long-term market trends and supportive policy.
Read our policy brief with recommendations anchored in input from some of the most advanced TES startups in Europe and the US!
