Tempo raises $31M to commercialize its energy storage ​‘booster’

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Tempo raises $31M to commercialize its energy storage ​‘booster’

The startup says its novel thermochemical storage system is a cost-effective way to provide clean heat to fossil fuel–reliant heavy industries.


Originally published by canarymedia.com.


Many of the world’s hardest-to-decarbonize industries face a similar challenge: how to obtain the white-hot heat their operations need — without using fossil fuels.

Redoxblox, a San Diego-based startup that landed $31 million in venture investment on Wednesday, says it has found a clever way to achieve this task: using the power of chemical reactions to store energy at 1,500 degrees Celsius for hours at a time.

That’s one way to describe the electrochemical storage breakthrough that Redoxblox has been working on commercializing for the past four years. At its heart is a proprietary metal oxide developed by company co-founder James Klausner that’s capable of undergoing a reversible redox cycle — a chemical reaction that can discharge a blast of energy.

The firm is still in the early stages compared with some of its thermal storage competitors, but aims to eventually help industries from food processing to chemical and cement production clean up their heating.

Industry accounts for roughly 30 percent of global carbon emissions, said CEO Pasquale Romano — and most of those emissions come from fossil-fueled high-heat processes. The industrial sector remains well behind in its effort to decarbonize as rapidly as is needed to combat climate change.

Ever-cheaper renewable energy — the main tool for decarbonizing sectors like electricity, transportation, and building heating — is making thermal energy storage solutions like Redoxblox’s more economically viable as replacements for fossil-fueled industrial heating. But these technologies still have to prove themselves capable of doing the job.

The science behind Redoxblox’s booster storage”

Redox, or reduction-oxidation, reactions are the driving force behind energy storage technologies such as redox flow batteries. But unlike other redox-based batteries — and standard lithium-ion batteries — Redoxblox’s systems don’t store electrical energy in electrochemical bonds.

Neither do Redoxblox systems store heat only, as is the approach of its thermal storage competitors like Antora EnergyBrenmiller EnergyCalectraRondo Energy, and others that have received hundreds of millions of dollars of investment over the past decade or so.

Instead, Redoxblox passes electricity through its storage material, contained inside steel pressure vessels, Romano said. The current passing through the storage material heats it up, because the storage material is effectively a resistor,” he said — that is, it heats up much like the coils on an electric stove do.

Some heat batteries use resistive heating materials like these, while others use materials like rocks and bricks to absorb heat delivered via separate resistive heating elements. In both cases, heat is what’s being stored, rather than electricity.

Redoxblox’s process differs by using a redox reaction to squeeze more heat out of its thermal storage system than would be possible otherwise. Romano called it a booster” for energy storage.

When the startup’s proprietary metal oxide reaches temperatures between 1,000 and 1,500 degrees Celsius, the redox reaction starts,” Romano said. That reaction involves the chemical separation of oxygen within the metal oxides, and when that oxygen breaks off, the chemical process is endothermic — it’s absorbing heat that’s caused by the electrical current,” he said.

In essence, that high-temperature chemical reaction increases the energy stored within the system above and beyond the heat that’s contained within the storage medium, which in Redoxblox’s case is its proprietary metal oxide.

But dispatching that additional energy requires reversing the redox cycle. To do so, Redoxblox blows air through the storage material. The oxygen in that air is causing the redox reaction to go in the opposite direction,” Romano said — and that reaction is exothermic, or heat releasing. That provides an extra energy boost to what would otherwise be an unadulterated transfer of heat from the storage medium to the air blowing through it.

It’s holding up the temperature higher than if you were blowing air across it and using the heat only,” he said. That means in an industrial application that needs super-hot air, we spend a lot more time hanging out in the 1,500 to 1,200 [degrees Celsius] zone before you have to charge it up again.”

That extra energy boost pumps up the energy density” of the Redoxblox system compared with heat-only thermal energy storage systems, as the chart below indicates. It also puts its technology on a close-to-equal footing with the energy density of lithium-ion batteries — although the company claims that it can pack more energy into a smaller area and at a lower cost than lithium-ion batteries. 

 
Chart of RedoxBlox thermochemical energy storage system energy density compared to other energy storage technologies

These characteristics make Redoxblox suitable for a wide range of industrial applications, Romano said. At its hottest, the air coming out of its systems can feed high-temperature processes such as cement calciners and furnaces. Or it can be mixed with cooler air to run drying ovens, steam boilers, and other lower-heat needs.

It can also be used to generate electricity, Romano noted. In 2019 the company won a $2.1 million grant from the Department of Energy’s Advanced Research Projects Agency-Energy, where Klausner was then working as a program director. That grant funded work on integrating the Redoxblox storage system with a gas turbine engine that can run on the superheated air from the storage vessel rather than on fossil gas.

Redoxblox has been testing smaller-scale systems in pilot projects. In June 2023 the company won a $6.7 million DOE grant to fund work with the Electric Power Research Institute and chemicals giant Dow to install a 10 megawatt-hour system at a chemical plant in West Virginia that will convert electricity into high-heat industrial steam.

And earlier this year the California Energy Commission approved an $8.9 million grant for a 3-megawatt-hour system at the University of California, San Diego that will provide up to 24 hours of energy storage capacity to power a turbine to generate electricity.

The $31 million raised by Redoxblox this week will help finance the next steps in the company’s commercialization efforts, said Romano, who was named CEO earlier this year after stepping down from the helm of EV-charging company ChargePoint. The new round was led by Prelude Ventures and joined by Imperative Ventures and New System Ventures, alongside previous investors Breakthrough Energy Ventures and Khosla Ventures, which both invested $9.4 million in the company in January.

Redoxblox holds multiple patents on the proprietary metal oxide used in its reversible redox cycle process, Romano said. The company was founded in 2020 by Klausner and Jörg Petrasch, both professors at Michigan State University. Klausner discovered the metal oxide material in 2018 while at the University of Florida, and then brought his team to MSU for continued development.

While the company is tight-lipped on the composition of its metal oxide, Romano said it’s derived from common metals that contain nothing bad and nothing that comes from bad places.” The company states its materials are stable, long-lasting, non-toxic, non-flammable, and recyclable.”

Redoxblox also hasn’t revealed key details about its planned commercial product, such as costs per unit of energy storage. But the company has said that it plans to deploy systems that fit into a 40-foot container and can store up to 20 megawatt-hours apiece, with a 95 percent round-trip efficiency in terms of the conversion of electricity to thermal energy, which is comparable to advanced lithium-ion batteries. 

 
guy standing next to trailer-sized white boxes

 

An artist’s rendering of a Redoxblox commercial-scale thermochemical energy-storage installation. (Redoxblox)

 

Romano described a typical commercial installation that could consist of multiple individual units to match the hundreds of megawatt-hours of stored heat that most industrial sites will need. The company will likely rely on contract manufacturers for much of its system and process and assemble them close to the source of the minerals that go into its metal oxide, he said.

Redoxblox has yet to set a timeline for bringing its systems to commercial scale. But it’s not like new lithium-ion battery technologies that take decades and decades to mature,” Romano noted. There’s been enough primary research done when our founders were back at their university jobs.”

The latest from Tempo

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Tempo Closes $40.7 Million Series A to Support Industrial Decarbonization and Grid Storage with Next-Gen Thermochemical Energy Storage System

Press Releases

Tempo Closes $40.7 Million Series A to Support Industrial Decarbonization and Grid Storage with Next-Gen Thermochemical Energy Storage System

Redoxblox raised an additional $30M in Series A funding, led by Prelude Ventures and joined by Imperative Ventures and New System Ventures, alongside existing investors Breakthrough Energy Ventures and Khosla Ventures. This brings the total Series A round to $40.7M.


Redoxblox is pioneering a new class of low-cost thermochemical energy storage systems (TCES) designed to accelerate industrial decarbonization and address long duration energy storage needs for the grid. The company’s TCES units store energy both chemically and as heat at high temperatures, allowing for continuous or on-demand discharge for industrial processes or electricity generation. The system can fast charge when electricity prices are low or during periods of surplus renewables generation.

Today, 95% of industrial heat is provided by fossil fuels, which accounts for 30% of global carbon emissions. Decarbonizing this sector has been historically challenging due to a lack of affordable emissions-free alternatives. With a conversion efficiency comparable to lithium-ion batteries, higher energy density, and direct high temperature air discharge, Redoxblox provides the first reliable, cost-competitive solution to effectively use electricity as an alternative to fossil fuels. The system also offers space efficient, grid-scale long duration energy storage, enabling intermittent renewables to meet baseload needs.

The company also announces the appointment of a new CEO, Pasquale Romano, formerly President and CEO of ChargePoint and currently Member of The President of the United States’ National Infrastructure Advisory Council (NIAC). Romano will lead the company through its next phase of growth, expanding into key industrial heat and long duration grid scale storage markets.

“Decarbonization depends on widespread adoption of cost-competitive alternatives to fossil fuels for industrial heat applications that address the time-varying nature of electricity demand and fluctuating renewable generation. Our goal is to address the density, cycle life, reliability, efficiency, and cost requirements to enable the world to decarbonize without economic compromise,” said Romano. “Decarbonization has to be a natural side effect of utilizing cost-competitive technologies to meet the world’s energy needs.” 

The company’s Series A funding follows grants from the California Energy Commission (CEC) and the U.S. Department of Energy (DOE). Redoxblox was selected by the CEC for a project to demonstrate the ability to provide 24 hours of electricity storage capacity in collaboration with UC San Diego and the Electric Power Research Institute (EPRI). Similarly, the DOE’s Industrial Efficiency and Decarbonization Office chose Redoxblox for an industrial-scale thermochemical energy storage project, partnering with Dow Chemical and EPRI to decarbonize steam production at Dow’s West Virginia plant. Both initiatives represent significant strides toward decarbonizing industrial heat and grid storage at scale.

Redoxblox’s technology offers several advantages over traditional energy storage. The storage modules are built with stable, long-lasting, non-toxic, non-flammable, and recyclable materials that can operate at temperatures up to 1500°C. After extensive cycle testing, the material proved capable of supporting mission critical industrial applications and as a reliable energy store for the grid. A single unit can store up to 20 MWh of energy at 95% round trip efficiency. Multiple units can be combined to meet the energy requirements at large facilities and can charge in as little as two hours. The system is designed to integrate seamlessly into existing industrial processes, allowing businesses to adopt without significant alterations to how their business works. 

“Redoxblox is tackling one of the toughest sectors to decarbonize, industrial heat,” said Gabriel Kra, Managing Partner at Prelude Ventures. “They’ve accomplished what once seemed impossible: creating an electrical alternative to natural gas that is affordable, easy to adopt, and charges more quickly than other solutions. We’re excited to support them as they continue to scale and bring this solution to market.”

 

 

About Tempo

Located in San Diego, Tempo is pioneering a new class of low-cost thermochemical energy storage systems (TCES) designed to accelerate industrial decarbonization and address long duration energy storage needs for the grid. The company’s TCES units store energy both chemically and as heat at very high temperatures that can be discharged continuously or as needed directly into industrial processes or as an energy source for electricity generation. The system can be fast charged when electricity prices are low or during surplus renewables generation and discharged as needed. Tempo is backed by Prelude Ventures, Khosla Ventures, Breakthrough Energy Ventures, Imperative Ventures, and New System Ventures. For more information, visit www.tempoenergy.com.

About Prelude Ventures

Prelude Ventures is a climate-focused venture capital firm that invests in and supports early-stage startups with the greatest potential to mitigate climate change. For over a decade, Prelude Ventures has sought out purpose-driven founders and provided the capital and expertise needed to build the next generation of category-defining businesses that will reshape our global economy for the greater good of people and the planet. Located in San Francisco, Prelude Ventures has approximately $2 billion under management.


 

octubre 30, 2024

San Diego, CA

Arrabawn Partners with Tempo, Climeaction, and VIOTAS to Launch Groundbreaking Heat Battery Technology in Ireland

News

Arrabawn Partners with Tempo, Climeaction, and VIOTAS to Launch Groundbreaking Heat Battery Technology in Ireland

In a historic move marking a significant step forward in renewable energy utilisation in the food and dairy industry, Arrabawn has joined forces with RedoxBlox, Climeaction, and VIOTAS to introduce an innovative heat battery technology, a first of its kind both in Ireland and within the Food & Dairy sector globally. 


Originally published by engineersireland.ie.


The RedoxBlox Thermochemical heat battery is a pioneering solution capable of storing excess electricity generated during peak renewable energy periods. It utilises a thermochemical redox reaction process to convert and store this energy as chemical and sensible heat energy, which can then be deployed as heat to replace fossil fuels. This technology has energy density on par with Li-Ion and 3-5x that of a state-of-the-art conventional heat battery. This technology also stands out for its ability to generate heat up to a maximum temperature of 1500 degrees Celsius. 

Arrabawn has long been a trailblazer in energy efficiency within the dairy sector. This collaboration represents the next phase in their transformative energy journey. The initiative brings together four key partners: 

  • RedoxBlox: The innovators behind the heat battery technology. 
  • Climeaction: Climate Action Solutions provider specializing in Large Industrial & Food & Dairy decarbonization. 
  • VIOTAS: Specialists in demand-side management technology, tasked with integrating the heat battery with the smart grid. 

This multi-million euro investment project is not just a leap in industrial heating and smart grid innovation in Ireland, but it also promises significant carbon savings. The technology demonstrates the potential for wide-scale application in sectors traditionally challenging to decarbonize, especially those requiring high-temperature heat. 

The project underlines Ireland’s commitment to cutting-edge renewable energy solutions and sets a global precedent in the sustainable transformation of the food and dairy industry. The collaborative effort between Arrabawn, RedoxBlox, Climeaction, and VIOTAS is a testament to the power of partnership in driving forward the green revolution.


 

About Arrabawn:

Arrabawn has been a leader in sustainable practices within the dairy industry, consistently pushing the boundaries of energy efficiency and environmental stewardship. 

About RedoxBlox:

RedoxBlox is at the forefront of Thermochemical energy storage technology, pioneering solutions that harness and store renewable energy for industrial use and power generation. 

About Climeaction:

Climeaction is Ireland’s leading Climate Action solutions providers to business, working from Micro to Mega scale. 

About VIOTAS:

VIOTAS is a leader in demand-side management technology, innovating in the integration of renewable energy solutions with the smart grid.


 

For more information, please contact: contact.us@tempoenergy.com

This project marks a significant milestone in Ireland’s journey towards a more sustainable andenvironmentally responsible future.

noviembre 22, 2023

Nenagh, Ireland

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