Our sixth edition of the technical briefing for policymakers in Brussels focused on thermal energy storage for domestic and industrial use. Some of the key points discussed were that thermal energy storage…
– works to generate heat for buildings but even for industrial processes that require temperatures of up to 2000°C. The more costs increase for fossil energy and decrease for renewable energies, the more attractive thermal energy storage becomes.
– is a potentially competitive technology to support electricity production, when heat is converted back into electricity during high-demand periods. Low capital costs for thermal energy storage compared to batteries more than offset lower efficiency.
– can be added to existing assets such as coal or gas power plants that would otherwise be stranded or decommissioned, while keeping the steam turbines, generators, grid connections and existing workforce.
The 45-minute briefing was co-led by our Cleantech Analysts, Peter Ruschhaupt and Antoine Koen, our Founder & CEO, Peter Schniering, and our Head of EU Policy, Marlène Siméon.
For more information, please see our Factsheet on Thermal Energy Storage or our Brief:
Over the past few months, Future Cleantech Architects has been actively working to put (high-temperature) heat decarbonization on the European agenda, as heat accounts for over half of EU’s final energy use. Next week, we have been invited to participate in DG CLIMA’s consultation on the design of a new auction for heat decarbonization. Join the discussion as well!
