Energy Dome

🎉 BREAKING: Unprecedented Offtake Contract! 🎉   Announcing that Energy Dome has signed a pioneering storage offtake agreement with ENGIE Global Energy Management & Sales for our first full-scale CO2 Battery in Ottana, Sardinia.   To our knowledge, this offtake agreement is a genuine world’s first, meaning that this first-of-a-kind CO2 Battery will likely be the only operational energy storage asset in the global market with a 10-hour discharge duration and a signed commercial offtake agreement, apart from existing pumped hydro projects.   In other words, the “Deployment Era” of modern energy storage is here.   This major step forward in the commercial deployment of our innovative long-duration energy storage technology represents just the beginning. This partnership opens the door to many more CO2 Battery deployments, with Energy Dome owning and operating the facility, while ENGIE will dispatch and trade the stored energy.   You can read the full press release here: https://lnkd.in/d5qHukS8   This collaboration, further supported by Breakthrough Energy Catalyst and the European Investment Bank (EIB) funding, validates our technology and business model, demonstrating market readiness.   We are immensely proud to partner with ENGIE in our shared mission to deliver reliable, low-carbon energy solutions.   Following our recent agreement with Alliant Energy, we are ready to take the next step in the scalability and market viability of our technology.   #EnergyDome #OurWorldCantWait #sustainability #longdurationenergystorage #innovation #CO2Battery #decarbonization #LDES #renewables

Please welcome Jessie Ciulla Shea to Energy Dome as our new Director of Regulatory and Policy, North America, who comes to us from the Colorado Public Utilities Commission! At Energy Dome, we’re on a mission to decarbonize the world and lead the charge toward a sustainable future. We’re glad to have Jessie as part of our team!   What excites you about the present and future impact of long-duration energy storage and the CO2 Battery technology? “I am excited for long duration storage, and Energy Dome's CO2 Battery, to accelerate economy-wide decarbonization. Energy Dome's CO2 Battery is a major asset in the just transition. It can offset the need for fossil peaker plants, improve transmission capacity, reduce renewable curtailments, provide a suite of grid services, and help load-serving entities meet reliability goals alongside high penetrations of renewable resources. And, it can do all this today. Who wouldn't be excited?”   Why did you join Energy Dome? “I want to be part of the team that unlocks the benefits of Energy Dome's CO2 Battery for customers and communities across the world. I'm so excited create strong enabling regulatory and policy environments to advance long-duration storage development.“   Likes: Trail running / Cooking / Camping / Reading   Dislikes: Being cold / Clutter / Scary movies / Cantaloupes   Special talent: Breaking down challenging concepts into more understandable concepts.   Join us in making Jessie feel right at home!   Interested in opportunities at Energy Dome? View open roles here: https://lnkd.in/ezWSbyaJ   #WelcomeToTheTeam #EnergyDome #NewHire #Sustainability #Innovation #PositiveCulture #RenewableEnergy #OurWorldCantWait

Many thanks to Alessandro Saragosa and QualEnergia.it for their latest article featuring Energy Dome. The interview with one of our co-founders, Francesco Oppici, highlights some of the key advantages of the CO2 Battery, how it is reshaping the energy landscape, and how it offers compelling cost advantages at scale compared to alternatives. In essence, Francesco talks about how the CO2 Battery, being the only deployed technology among all other modern energy storage solutions, directly supports solar and wind by providing a reliable and cost-effective answer for managing the intermittency of renewables. The article highlights how Energy Dome has moved far beyond demonstration prototypes to commercially viable 20 MW/200 MWh units, directly addressing immediate market needs for grid balancing and enhanced reliability. Furthermore, unlike lithium-ion batteries, which degrade over time, the CO2 Battery maintains high efficiency and reliability for 30 years with standard maintenance, reducing lifecycle costs and ensuring a more stable energy supply. To learn more about our technology (and if you speak and read Italian), here's the full interview: https://lnkd.in/eh4hc7mz #EnergyDome #OurWorldCantWait #sustainability #longdurationenergystorage #innovation #CO2Battery #decarbonization #LDES #renewables

We’re incredibly grateful to each of you for being part of Energy Dome's journey. 🙏   Hitting this milestone isn’t just about numbers - it’s a celebration of the ideas we’ve exchanged and our shared, wonderful objective of a carbon-free future.   Here’s to a better world, together. 🌱   #EnergyDome #OurWorldCantWait #sustainability #longdurationenergystorage #innovation #CO2Battery #decarbonization #LDES #renewables    

This week, I’m in Dubai, where I attended the 2nd edition of the Future Sustainability Forum There, our investor Barclays Sustainable Impact Capital invited me to participate in a panel titled “Raising Capital for Climate Tech - Driving Investment to Support a Clean Energy Transition.”   The event focused on how growth-stage climate tech companies can stand out to investors, exploring opportunities in the UAE region as both a capital provider and a place to deploy technology solutions, and how companies can collaborate with corporates to convert pilot projects into commercial ventures.   During the session, I had the opportunity to discuss Energy Dome’s innovative #CO2Battery and why this is a solution with a highly attractive techno-economic proposition, enabling us to offer a reliable and efficient energy storage product.   Along with our first-of-a-kind (FOAK) CO2 Battery in Sardinia (which is currently underway) and several other projects in development, I also shared insights into our capital-raising journey. To date, we have raised €135 million from venture capitalists, sovereign funds, and financial investors, including project finance investment for our FOAK project.   I explained why our strong internal execution capabilities were instrumental in securing project finance investments from Breakthrough Energy Catalyst and the European Investment Bank (EIB) Bank. I also illustrated why offtake agreements are key in demonstrating our product-market fit.   Looking ahead, I revealed our next objectives: we are focused on commercial expansion and have a robust pipeline of projects, including those in the GCC region. Our goal is to scale the business globally, supported by a significant Series C funding round planned for next year.    In a nutshell, we aim to make the "Dome" of the CO2 Battery a symbol of the energy transition and solidify our market-leading position.   I extend my sincere gratitude to Barclays for inviting me to this insightful session, moderated by Oliver Phillips, and to my fellow panelists for their valuable contributions: Steven Poulter, Stephanie Asgill and Georgy Egorov.   Thank you.   #CO2Battery #energydome #dubai #future #sustainability #ldes #investments #energystorage #climatetech #cleantech

A Special Moment With My Father at Our Shared Alma Mater   A couple of days ago, I was deeply honored to join the Polimi Alumni Convention 2024 (Alumni Politecnico di Milano) as a speaker and felt a bit emotional since I could share this moment with my dad, Antonio Spadacini.   This year marks the 60th anniversary of my father’s graduation from Politecnico di Milano in 1964. Returning to our shared alma mater together is an experience that fills me with emotion and gratitude.   I participated in a “Business in the “3D Era”: Deglobalization, Digitalization, Decarbonization” roundtable discussion alongside Mariagrazia Brunetti (Quence - TXT GROUP). Rosalba Reggio from Il Sole 24 Ore skilfully moderated the discussion.   One of the key topics of the entire convention revolved around the paradox of AI in the energy transition. We are facing a critical juncture: while striving for a sustainable future, the rapid development of AI is driving an unsustainable surge in energy consumption.   During my on-stage discussion, I had the opportunity to delve deeper into the global megatrend of how big companies are rushing to find clean energy solutions to address this specific and very real need. I also briefly touched on other epochal transformations, such as the world’s shift from a unipolar to a multipolar perspective, the increasing focus on the coexistence of humans and nature, and the growing challenges of effective global collaboration to achieve humanity’s shared goals, noting that these changes will need to be addressed not only by future generations but ours as well. And quickly.   To conclude, I truly enjoyed sharing my insights and engaging with the brilliant minds of the Polimi alumni community. In truth, being a speaker in my father’s presence was more than an honor—it’s a heartfelt tribute to the legacy he began six decades ago and a reminder of the values and aspirations that connect us across generations.   And I hope to inspire future Politecnico di Milano's innovators just as my father, Antonio, inspired me.   #EnergyDome #OurWorldCantWait #sustainability #polimi #energytransition #longdurationenergystorage #innovation #CO2Battery #decarbonization #LDES #renewables”  

I recently had the pleasure of participating in the Italian EnergyTech Conference held in Milan, organised by Verdian Power and Green Horse Advisory. The inaugural edition of this international gathering in Italy brought together innovators, investors, and key figures in the energy sector to collaborate on solutions for a secure and sustainable energy future. As one of the speakers at the "Breaking New Ground: Exploring Innovative Technologies in the Energy Transition" roundtable, I took pride in representing Energy Dome and sharing insights on our innovative #CO2Battery technology. In particular, I was given the chance to offer my perspective on how the CO2 Battery will complement other energy storage and energy generation technologies like hydrogen and nuclear power. We also touched on two big and trending topics: climate change and AI, how these are going to change our lives and what grid-scale energy storage can (and will) do to mitigate the climate change threat and unlock the huge potential of AI. The opportunity to engage with fellow experts and industry stakeholders underscores the power of collaboration in achieving a truly sustainable energy system. A big "thank you" to the organisers Verdian Power and Green Horse Advisory, to the roundtable moderator Iacopo Magrini, and, of course, the other speakers: Stefano Giansanti (GSR Tech), Gabriele Chiodini (Akren), Pere Margalef (Snam), and Giulia De Benedetti (newcleo). #EnergyDome #OurWorldCantWait #sustainability #longdurationenergystorage #innovation #CO2Battery #decarbonization #LDES #renewables

According to The Economist, Energy Dome's CO2 Battery is one of the most promising energy storage technologies.   In this recent article on the rapid advancements in grid-scale energy storage, Vijay V. Vaitheeswaran explains the four primary drivers fueling energy storage expansion worldwide.   Here are the reasons why energy storage is booming:   ✔️ Integration of Renewable Energy: The substantial increase in solar and wind power deployment requires dependable storage solutions to manage their intermittent nature.   ✔️ Cost Reduction in Battery Technologies: Overcapacity in China's battery manufacturing sector has significantly reduced the prices of lithium-ion batteries, making grid-scale storage more affordable and accessible (even though, I keep repeating, a critical-metal-dependant solution is far from being ideal).   ✔️ Escalating Energy Demand from AI and Data Centers: The exponential growth of artificial intelligence and data center operations is driving a substantial increase in power consumption.   ✔️ Innovations in Alternative Storage Technologies: Beyond traditional lithium-based batteries, emerging technologies such as our #CO2Battery are revolutionizing the industry. And that's precisely where we come in: Energy Dome's proprietary method of storing energy through pressurized carbon dioxide exemplifies the potential of alternative storage methods to deliver cleaner and more reliable energy.   As the CEO of Energy Dome, but first and foremost, as an innovator at heart, I acknowledge the critical role these developments, as listed in the article, will play in shaping the future of our global energy infrastructure.   The piece can be read here: https://lnkd.in/dGs_7HwY   Many thanks to Vijay V. Vaitheeswaran for his insightful commentary and for highlighting our #CO2Battery as a promising solution in the global energy storage revolution.   #EnergyStorage #RenewableEnergy #Sustainability #Innovation #CleanEnergy #EnergyDome #GridScaleStorage

Energy storage is crucial for a reliable, clean energy future, and we appreciate Maciej Kolaczkowski, Debmalya Sen, and the World Economic Forum for highlighting this critical issue. This recent article, "The Role of Energy Storage Technologies in the Energy Transition," rightly emphasizes the need for innovative solutions to overcome the intermittency of renewable energy sources. The article underscores the limitations of current energy storage technologies in addressing the challenges of long-duration energy storage – a gap our CO2 Battery technology is uniquely positioned to fill. Unlike traditional lithium-ion batteries, Energy Dome's solution offers a compelling alternative, boasting scalability, cost-effectiveness at larger deployments and crucial long-duration capabilities: this allows for a more reliable integration of intermittent renewable sources, thereby accelerating the transition to a cleaner energy system, and the inherent safety and sustainability of our technology also offer significant advantages compared to other solutions. We believe the widespread adoption of innovative long-duration energy storage, such as the CO2 Battery, is paramount to achieving global decarbonization goals. We encourage you to read the full World Economic Forum article to understand the broader context and the critical role of energy storage in building a resilient and sustainable energy future. You can find it here: https://lnkd.in/ebFchqyi #EnergyDome #OurWorldCantWait #sustainability #longdurationenergystorage #innovation #CO2Battery #decarbonization #LDES #renewables

Let’s give a warm welcome to Thomas Hickey to Energy Dome as our Head of Supply Chain for the US branch, who comes to us from the X-energy! At Energy Dome, we’re on a mission to decarbonize the world and lead the charge toward a sustainable future. It’s a pleasure to have Tom join us in our journey!   What excites you about the present and future impact of long-duration energy storage and the CO2 Battery technology? “The CO2 Battery provides an option to incorporate into their projects that is available today. The Energy Dome CO2 Battery allows flexibility to more efficiently deploy power to customers as their market demands.”   Why did you join Energy Dome? “Expanding a supply chain to a new geographical area is exciting. I am looking forward to increasing the supply chain Energy Dome has developed in North America. I want to be part of the team that delivers the CO2 Battery to the world!”   Likes: Finishing a long run / Delicious food / Travel with my wife / Negotiations   Dislikes: Starting a long run / Traffic / Changing Passwords / Unexpected Change Orders   Special talent: Communicating information that allows organizations to make decisions.   Join us in making Thomas feel right at home, and wishing him good luck in his new role!   Interested in opportunities at Energy Dome? View open roles here: https://lnkd.in/ezWSbyaJ   #WelcomeToTheTeam #EnergyDome #NewHire #Sustainability #Innovation #PositiveCulture #RenewableEnergy #OurWorldCantWait