Long Duration Energy Storage Council Adds New Members in Q3

21 September, 2022 – BRUSSELSThe Long Duration Energy Storage Council (“The Council”), a global executive-led organization focused on replacing the use of fossil fuels to meet energy demand with zero-carbon long duration energy storage, is welcoming eight new members. The Council was launched in November 2021 and has rapidly grown, adding 37 members to date in 2022. The organization now has a total of 61 diverse companies in regions across the world representing the full energy value chain – including technology innovators, equipment providers, renewable energy companies, utilities, investors, and end-users.

Joining the LDES Council most recently toward the end of Q3 are four technology members and four anchor members spanning the globe between Europe, the Middle East, and Australia. Technology members include: 1414 Degrees, Mine Storage, RheEnergise, and Thermowatt.  Anchor members include: Emirates Global Aluminium (EGA), EnBW Energie Baden-Württemberg AG, South32, and TotalEnergies.

“Our Council includes diverse technology companies, customers, industries, and investors, who all have the common goal of spotlighting LDES as essential to achieving rapid decarbonization,” said LDES Council Executive Director Julia Souder. “The rapid deployment of long duration energy storage offers the flexibility and resilience necessary to supply power whether for 10+ hours, multi-day, monthly, or seasonally. With the increased demand for renewable energy sources, LDES has never been a more important solution to driving the clean energy transition.”

The Council is attending the RE+ conference in Anaheim, California and Executive Director Julia Souder is presenting on Wednesday, September 21 at 9:30 AM PT, for a session titled, “Live Long and Prosper: Long Duration Energy Storage Technologies are Shaking Up the Energy Storage Space” in room 208A.

In addition, the Council is leading a long duration energy storage business forum and side event during the Global Clean Energy Action Forum / Clean Energy Ministerial in Pittsburgh, PA on September 22 and 23. Speakers include representatives from LDES Council member companies Breeze, Corre Energy, EnergyVault, Eos, Form Energy, Hydrostor, Invinity, Malta, Redflow, RheEnergise, and Rye Development. Other featured speakers include the Hon. Malcolm Turnbull, Former Prime Minister of Australia, Board member of the International Hydropower Association; David Crane, Director, Office of Clean Energy Demonstrations, U.S. Department of Energy; Michael Pesin, Deputy Assistant Secretary for Advanced Grid R&D, Office of Electricity; Reta Jo Lewis, President and Chair, Export-Import Bank of the United States; Malcolm Woolf, President & CEO, National Hydropower Association; Gabe Murtaugh, CAISO; Chris Shelton, AES; Sue Babinec, Argonne National Lab; Jim Cabot, Breakthrough Energy; David Havard, GE; and Chong Song, World Bank. Read more on the full program of events that the LDES Council is facilitating here.

At the upcoming UN Climate Change Conference (COP27) in Egypt, the Council will release its latest research report, which is a follow-up to the flagship net-zero power report from 2021. This includes new focus on net-zero heat and the impact of thermal technologies on LDES, and updated benchmarking information for LDES.

On the topic of joining the LDES Council, new members made the following comments:

Jordan Parham, Acting Chief Executive Officer of 1414 Degrees, said, “In a world where we achieve net zero emissions, the way industry generates, stores and uses energy will be very different. 1414 Degrees is excited to be part of the Long Duration Energy Storage Council – driving this change – working alongside other technology developers, end-users and system integrators. As part of this united force, we hope to fast-track the development and uptake of thermal energy storage technologies that decarbonise clean heat and power.”

Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium, stated, “Aluminium plays an essential role in decarbonisation economy-wide. However it is amongst the most energy-intensive metals to produce - electricity generation accounts for some 60 per cent of our industry’s greenhouse gas emissions. Long duration energy storage is critical to unlock the full potential of renewables, and with it the full potential of aluminium.”

Georg Stamatelopoulos, Chief Operating Officer Sustainable Generation Infrastructure of EnBW added, “We work at EnBW with one mission: to supply people, cities and industry securely and sustainably. In our business area “Sustainable Generation Infrastructure” we focus on the further expansion of renewable energies. Energy Storage will be one contributor to a sustainable climate neutral future.”

Thomas Johansson, CEO of Mine Storage said, "Mine Storage is excited to become a member of the LDES Council. Decarbonization needs to become an even bigger global priority. A zero-carbon grid is only possible with grid-scale energy storage. We develop mine storages - sustainable pumped storage facilities that utilizes the height difference that can be found in closed mines. It’s a globally scalable grid-scale solution, but no single company will be able to achieve a zero-carbon grid by itself. By collaborating with other energy storage providers and engaging with other industries, financial institutes, and regulators, we will enable a faster sustainable energy transition.”

Stephen Crosher, Chief Executive Officer of RheEnergise, said, “It is now more important than ever that the world’s power grids decarbonise, to minimise climate change and facilitate a huge roll out of additional renewable energy, such as wind and solar. However, to decarbonise grids must adapt; long duration energy storage must be deployed at scale to manage the mismatches between supply and demand and in advance and policy makers across the world must develop the market mechanisms to deliver a decarbonised power grid, fast.

Thanks to the LDES Council, we are able to connect with industry, business leaders and governments to share RheEnergise’s solution that supports the increased deployment of renewables and facilitates the decarbonisation of power globally.”

Holly Buschman, Vice President Sustainability Strategy and Community for South32 said, “Technology and innovation are key enablers of our transition and will be critical to delivering against our long-term decarbonisation plans. We are pleased to join the Long Duration Energy Storage Council and look forward to addressing our shared challenges and accelerating energy storage technologies and solutions. Partnering on innovations to decarbonise our operations and the broader value chain are key to delivering on our net zero operational GHG emissions by 2050 goal and supporting the global transition to a low-carbon world.”

Pál Kiss, Managing Director at Thermowatt added, “While we have implemented multiple installations of the Thermowatt solution harnessing an unbelievable waste that lays under all developed cities in the form of warm sewage water that we throw out day in and day out, we have long been waiting for market conditions under which our technology that offers 70% energy saving becomes financially relevant. In today’s world, our technology offers a very compelling, 2-4 years’ of payback. We joined the Council so that we can see how this pay-back could be strengthened by connecting thermostorage concepts to it; also to contribute to the marketing of green concepts that are not socially, but also financially compelling by now.”

Marie-Noelle Semeria, Senior Vice President R&D at TotalEnergies, concluded, “In its journey to achieve Net Zero by 2050 together with society, TotalEnergies ambitions to be among the world's top five renewable energies producers by 2030. The growth in the renewable energies market is a key driver of the multi-energies strategy of the company. We are delighted to join the Long Duration Energy Storage Council and, alongside the other members, are looking forward to contributing to the fast-track development of long-duration energy storage solutions, a crucial factor for the integration of renewable energy and the decarbonization of the industry.”

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About the LDES Council
The LDES Council is a global, executive-led non-profit membership organization, comprising technology providers, equipment providers, renewable energy companies, utilities, grid operators, investors, and end-consumers. It strives to accelerate decarbonization of the energy system at lowest cost to society by driving innovation, commercialization and deployment of long duration energy storage. The LDES Council provides fact-based guidance and information to governments, industry and broader society, drawing from the experience of its members which include leading energy companies, technology providers, investors and end-users. To learn more: www.ldescouncil.com.

About Our New Members:
1414 Degrees is developing and commercialising its silicon-based thermal energy storage technology, SiBox™, to enable a clean energy future. SiBox™ will harness the extremely high latent heat capacity of silicon, to store heat from intermittent renewables. It will provide industry with reliable, decarbonised, ultra-high temperature heat 24 hours a day, seven days week, targeted at large scale industrial applications and combined heat and power opportunities. SiBox™ has been designed as a modular concept, providing energy users the flexibility to decarbonise their energy systems in a way that lowers integration and scale-up risk and maximises use of clean, cheap, renewable power. For more information, visit www.1414degrees.com.au

Emirates Global Aluminium is the world’s largest ‘premium aluminium’ producer. One-in-every 25 tonnes of aluminium made worldwide is made by EGA in the UAE. EGA was the first company in the world to produce aluminium commercially using solar power. As a major UAE company, EGA has a key role to play in the UAE’s Net Zero by 2050 Strategic Initiative. https://www.ega.ae/en

EnBW: With over 26,000 employees, EnBW is one of the largest energy companies in Germany and Europe. It supplies around 5.5 million customers with electricity, gas, water as well as services and products in the areas of infrastructure and energy. The expansion of renewable energies is a cornerstone of the growth strategy and a focus of investment. EnBW will invest around 4 billion euros in the further expansion of wind and solar energy by 2025. By the end of 2025, more than half of the generation portfolio is to consist of renewable energies. This is already having a noticeable effect on reducing CO2 emissions, which EnBW aims to halve by 2030. The expansion of renewables is an important focus of EnBW's sustainability agenda on the way to the company's climate neutrality in 2035. www.enbw.com

Mine Storage: Mine storage is the underground version of pumped storage hydropower. It relies on the same basic principle of moving water between two reservoirs. It too can store large quantities of energy and is highly suitable to support the grid. The main difference is that the lower water reservoir is below ground in a decommissioned mine. This is more scalable than traditional pumped storage hydropower since there are an estimated 1 million closed mines across the globe. By using state of the art hydropower technology that responds quickly enough to help balance the grid, mine storage can be a true enabler of a sustainable energy transition. https://www.minestorage.com/

RheEnergise’s High-Density Hydro® transforms utility scale energy storage. It facilitates the complete decarbonisation of power, while maintaining secure and stable power grids. High-Density Hydro® maintains the best-in-class economics associated with tradition pumped hydro energy storage (PHES) whilst overcoming the multiple challenges associated with it. For additional information please visit www.RheEnergise.com

South32 is a globally diversified mining and metals company. The company’s purpose is to make a difference by developing natural resources, improving people’s lives now and for generations to come. South32 is trusted by its owners and partners to realise the potential of their resources. South32 produces commodities including bauxite, alumina, aluminium, copper, silver, lead, zinc, nickel, metallurgical coal and manganese from its operations in Australia, Southern Africa and South America. With a focus on growing its base metals exposure, South32 also has two development options in North America and several partnerships with junior explorers around the world. https://www.south32.net/

Thermowatt Ltd. has developed a technological solution to harness and utilize energy resided in cities sewage water to heat and cool large buildings in a modern, environmentally friendly, and economical way. The “Method and Circuit Arrangement for Recovering Heat from Wastewater” is under granted patent protection in 37 countries. The Hungarian company has over 10 years’ experience in operating large buildings including hospital, office buildings and municipality premises with this great technology that offers 70% energy saving. Thermowatt is not active in developing its own LDES, but we see it inevitable to find the best complementing match to further enhance the economics of our product and maximize the return for our clients. https://www.thermowatt-global.com/

TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people. https://totalenergies.com/

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Media Contact:
Larissa Fair, Director of Communications, North America
lfair@ldescouncil.com