Energy Dome Receives BNEF Pioneers 2022 Award

Energy Dome has been named a winner in the Bloomberg New Energy Finance Pioneers 2022 technology competition, which recognizes the most effective and unique technology innovations for advancing the low-carbon economy.

April 16, 2022. By News Bureau

Energy Dome has been named a winner in the Bloomberg New Energy Finance Pioneers 2022 technology competition, which recognizes the most effective and unique technology innovations for advancing the low-carbon economy.

Energy Dome is the first company from Italy to be conferred this prestigious award. BNEF recognized Energy Dome for its development and commercialization of the CO2 Battery long-duration energy storage technology, under the category “providing round-the-clock zero-emissions power."

Ever since its inception in 2019, Energy Dome has been providing a durable, low-cost method of storing and dispatching renewable energy onto the grid over periods from four to 24 hours, by using carbon dioxide in a closed-loop charge/discharge cycle with zero emissions to the atmosphere.

Energy Dome intends to build energy storage projects at 50% of the cost of lithium-ion battery storage technology globally.

"To be selected as a BNEF Pioneers 2022 winner is not only a huge honor, but also a strong validation of our technology and product, the CO2 Battery, which we are deploying at commercial scale,” said Claudio Spadacini, Founder and CEO, Energy Dome. “We are already seeing strong global interest in the CO2 Battery, which uses tried and tested components, costs half of lithium-ion technology, is highly efficient (Round Trip Efficiency 75+%) and has no performance degradation during its 30+ year project lifetime. We believe the CO2 Battery will help significantly accelerate the clean energy transition by replacing baseload fossil fuels with fully dispatchable solar and wind energy."

As a BNEF Pioneers 2022 winner, Energy Dome joins a prestigious group of Pioneer alumni.

Energy Dome’s first commercial CO2 Battery storage facility is under construction in Sardinia, Italy, and offers the CO2 Battery on a utility scale, with performance warranties.

Energy Dome also signed an agreement with Ansaldo Energia that includes the development of as many as 30 energy storage facilities over the next five years in Italy, Germany, the Middle East, and Africa.

The facilities will use Energy Dome’s non-flammable, non-toxic carbon dioxide-based energy storage solution to store and dispatch power around the clock.

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