The energy industry is in transition and storage is integral to keeping the lights on in a renewable energy future.
1414 Degrees’ large scale storage solutions will solve the threats of uncertain supply and high prices by addressing both heat and electrical energy needs for a clean, sustainable future.
This breakthrough technology is set to disrupt energy storage globally because it provides energy in the form most used in the world – heat.
On the 12th of December 2019, 1414 Degrees completed the purchase of SolarReserve Australia II Pty Ltd, which has since been renamed SiliconAurora Pty Ltd.
SiliconAurora owns the advanced Aurora Solar Energy Project (“Aurora Project”) near Port Augusta in South Australia.
The Aurora Solar Energy Project has SA Government development approval for a 70 MW solar PV farm and 150 MW of generation from a concentrated solar thermal plant (CST). South Australian company, 1414 Degrees proposes to use the site to pilot its world leading TESS-GRID technology.
Positive levelised cost of storage (LCOS) results
Our commercial review shows the TESS will be competitive with other storage technologies when compared with the levelised costs of storage (LCOS) analysis, based on the respected Lazard methodology.
The pilot installations have shown that we can now build a TESS at a significantly reduced cost (see chart to right). Furthermore the projections for future systems will decline steeply. The future LCOS of the TESS will be comparable with long duration pumped hydro.
What is 1414 Degrees?
1414 Degrees technology is set for global growth, stabilising renewables to make clean energy available to all, at all times.
1414 Degrees’ patented Thermal Energy Storage Solution (TESS) takes in electricity or biogas, stores it as heat and discharges both heat and electricity in the proportions required. The TESS provides an alternative to gas, coal or electricity for process heat, enabling low cost carbon reduction using renewable energy sources.
Our technology is the first of its kind – no other solution is delivering heat and electrical energy at the scale and low cost of 1414 Degrees. It is unique in its combination of versatility, scalability and sustainability.
a patented thermal energy storage system (TESS) storing energy as latent heat in molten silicon
sizing of systems from 10 to 1000’s of megawatt hours for grid, off-grid and co-generation sites
benign environmental impact and carbon footprint reduction
low maintenance, low cost and low impact compared to lithium-ion batteries
Silicon stores energy at 1414°C providing maximum efficiency of energy output
the use of abundantly available silicon ensures its sustainability and its affordability
TESS can be located in any climate, in any location. It is suitable for grid, off-grid and co-generation installations
wide range of uses in district heating, industrial complexes and shopping centres as well as grids
Access to energy should be as simple as flicking a switch. Our goal is to make clean, affordable energy available to all, at all times.
Distributed within grids with high renewable penetration, 1414 Degrees’ solutions will stabilise networks while providing lower cost energy for industry.
1414 Degrees is developing joint ventures to commercialise its technology, incorporating generation, thermal storage and industry with heat energy requirements.
The Board of 1414 Degrees (ASX:14D) (‘14D’ or the ‘Company’) is pleased to announce the appointment of Mr Richard Willson as an Independent Non Executive Director effective 1 July 2020. An experienced, Non-Executive Director, Company Secretary and CFO with more than...read more
Our commercial review announced last week shows the TESS will be competitive with other storage technologies when compared with the levelised costs of storage (LCOS) analysis, based on the respected Lazard methodology.The pilot installations have shown that we can now...read more
1414 Degrees confirmed today that SA Water has completed its business case evaluation for engines and GAS-TESS at the Glenelg Wastewater Treatment Plant. They have advised that 1414 Degrees has been unsuccessful with the current evaluation process.SA Water said the...read more