Exciting news: @RondoEnergy & Eastman will partner to deploy thermal batteries to supply decarbonized process heat at Eastman's molecular recycling facility in Longview, Texas. eastman.com/en/media-cente… The project is supported by an award of up to $375M from the Dept of @Energy's

Rondo Energy also netted a new investment this week from H&M Group Ventures. Rondo is the first investment from the new strategic investment arm of the global clothing chain, which envisions using heat batteries in their supplier network to cut emissions.

Rondo Energy announces €75M project funding with Breakthrough Energy Energy Catalyst and the European Investment Bank (European Investment Bank) for 3 Rondo Heat Battery installations that will decarbonize food, clean fuel, and chemical production across Europe. rondo.com/press-releases…

The Coolest Thing in Climate Tech Just Got More Buyers heatmap.news/sparks/rondo-b…

Great overview on all of our recently announced commercial projects at Rondo Energy.

There are two primary mechanisms of driving institutional change: exit and voice “Exit” refers to “exiting” an incumbent relationship and pursuing competitive offers for provided services “Voice” is the expression of dissatisfaction or the attempt to improve conditions from

How a small amount of demand elasticity stops wild prices with wind and solar: new pre-print with theory and examples arxiv.org/abs/2407.21409 Co-authors: @fneum_ & Iegor Riepin TL,DR: compare prices with inelastic demand on left to right with -5% elasticity (at average price)

Okay, I have some commentary and theory on how China hit the 2030 goal 6 years early, because it is indeed uncommon for China to set a target they can smash so easily. Context: In December 2020, Xi announced this 1200 GW target at that year's UN Climate Ambition Summit. 🧵

Emergency Conditions 2 years ago, smooth sailing today. Has California’s grid finally caught up to its vision? Last week, temperatures in the west reached up to 115° leading to high loads and reduced availability for both generation & transmission; similar conditions to

Money from Sam Altman. A massive reveal party with Leonardo DiCaprio. Sweeping claims about a tech "unlike anything we've seen in history." Except we've seen this story before. Many times. If you read one thing this morning, make it our Exowatt story: bit.ly/3MMXgnl

Time to make 2024 updates to my annual “opinions about solar” thread. If you like these, the second edition of my book, Solar Power Finance Without The Jargon, is new this year. A 30% discount code WSQ0437 is valid on publisher website until end of Oct. worldscientific.com/worldscibooks/…

Forget electricity: Think process heat! Here's the market for industrial process heat across Europe. Taken together it's bigger than all continental electrical generation. If we want to decarbonize, and not de-industrialize, we need to supply all of this without burning stuff.

Each of these pictures are from Google Maps at the same elevation (zoom) and about 10 miles apart, one of them is a wind farm and the other is an oil and gas field.

Customer built a building and included a microgrid covering about 50% of their power. Utility now wants to put "departing load charges" on the microgrid's power. Departing load?? It was never served by the utility in the first place. And we're already paying standby charges.

It used to be about building power and load far apart. Then it was about building power where load is. Now it’s about building load where power is.

Another big milestone for industrial decarbonisation: Rondo Energy has just powered up what it calls the world’s largest industrial heat battery — a 100 MWh system delivering continuous high-temperature steam from renewable power. Industrial heat makes up roughly a quarter of

Business model density all deep tech companies that survive end up in the same place: they can put dollars to work and get back a multiple of those dollars from the market, with a product that beats incumbents on cost, margin, and performance. but in the early years, the