Global energy storage experts showed strong interest in 1414 Degrees’ SiBox® and SiPHyR™ technologies at an invitation-only workshop in North Carolina earlier this month. These technologies are designed to provide high-temperature energy storage solutions crucial for decarbonising industries.
1414 Degrees’ Chief Technology Officer, Dr Mahesh Venkataraman, was invited to present at the Thermal-Mechanical-Chemical Energy Storage Workshop, to a prestigious audience of energy industry leaders, policymakers and end users.
Dr Venkataraman – the only Australian representative in attendance – said the workshop was a prime opportunity to raise awareness about 1414 Degrees’ unique capabilities.
“The energy storage market is substantial, but our technology has a unique advantage in that it can provide direct heat from renewables, which can help decarbonise industries which rely on high-temperature processes and lack feasible alternatives to fossil fuels,” Dr Venkataraman said.
“Very few, if any, companies have been able to demonstrate performance of high-temperature energy storage, in the way we have,” he said.
The United States is investing heavily in the transition towards net zero, following introduction of the Inflation Reduction Act, which the Clean Energy Council calls “a mammoth package of policies and incentives targeting US$369 billion (AUD $520 billion) of clean energy and climate change initiatives”.1
Dr Venkataraman noted the US market could fill a gap in the Australian market for research stage activities and small-scale demonstration opportunities.
“There was considerable interest from different parties in the US,” Dr Venkataraman said.
“Partnering with US companies could open doors for funding under US policies designed to fast-track the energy transition. This workshop was an excellent opportunity to showcase 1414 Degrees’ leading-edge capabilities,” he said.