ENERGYNEST is a

thermal energy storage Thermal energy storage (TES) is the storage of thermal energy for later reuse. Employing widely different technologies, it allows surplus thermal energy to be stored for hours, days, or months. Scale both of storage and use vary from small t ...

company founded in 2011 by Professor Pål Bergan and Øivind Resch. The company is headquartered in Billingstad, Norway. Other branches are located in

Hamburg Hamburg (, ; ), officially the Free and Hanseatic City of Hamburg,. is the List of cities in Germany by population, second-largest city in Germany after Berlin and List of cities in the European Union by population within city limits, 7th-lar ...

Seville Seville ( ; , ) is the capital and largest city of the Spain, Spanish autonomous communities of Spain, autonomous community of Andalusia and the province of Seville. It is situated on the lower reaches of the Guadalquivir, River Guadalquivir, ...

, Madrid and

Rotterdam Rotterdam ( , ; ; ) is the second-largest List of cities in the Netherlands by province, city in the Netherlands after the national capital of Amsterdam. It is in the Provinces of the Netherlands, province of South Holland, part of the North S ...

. The company manufactures industrial scale thermal energy storage systems. The

thermal battery Thermal energy storage (TES) is the storage of thermal energy for later reuse. Employing widely different technologies, it allows surplus thermal energy to be stored for hours, days, or months. Scale both of storage and use vary from small t ...

is designed to store energy in the form of

heat In thermodynamics, heat is energy in transfer between a thermodynamic system and its surroundings by such mechanisms as thermal conduction, electromagnetic radiation, and friction, which are microscopic in nature, involving sub-atomic, ato ...

and release it as process heat or steam when needed. The use of thermal energy storage enables the decoupling of energy production and energy consumption – and therefore flexible energy use. The pilot facility project in Masdar City (Abu Dhabi), in cooperation with the Masdar Institute of Science & Technology was completed in 2015, which was continued for improvement until 2017. The first industrial project started in September 2019, where the company has supplied thermal batteries for the Italian energy company

Eni Eni is an Italian oil and gas corporation. Eni or ENI may refer to: Businesses and organisations * Escuela Nacional de Inteligencia, the Argentine intelligence academy * Groupe des écoles nationales d’ingénieurs (Groupe ENI), a French engi ...

in a production site in

Sicily Sicily (Italian language, Italian and ), officially the Sicilian Region (), is an island in the central Mediterranean Sea, south of the Italian Peninsula in continental Europe and is one of the 20 regions of Italy, regions of Italy. With 4. ...

. In June 26, 2020, ENERGYNEST and

Siemens Energy Siemens Energy AG is a German publicly-traded energy corporation formed through the spin-off of the former Gas and Power division of Siemens, and it includes full ownership of Siemens Gamesa. Christian Bruch is the CEO, and the former CEO of S ...

announced a long-term partnership for joint development of thermal energy storage systems, in which the company eyes to incorporate their proprietary thermal battery with Siemens technologies and projects. In April 2021, Infracapital invested $110 million and acquired a majority stake in the company. The first commercial project went into operation in 2022 at the fertiliser manufacturer

YARA International Yara International ASA is a Norwegian chemical company. It produces, distributes, and sells nitrogen-based mineral fertilizers and related industrial products. Its product line also includes phosphate and potash-based mineral fertilizers, as we ...

. In February 2023, the company has finished installing a thermal battery to replace natural gas usage for the Belgium manufacturing plant of

Avery Dennison Avery Dennison Corporation is a multinational manufacturer and distributor of pressure-sensitive adhesive materials (such as self-adhesive labels), apparel branding labels and tags, RFID inlays, and specialty medical products. The company is a ...

References

External links

Official website
Electronics companies established in 2011 Privately held companies of Norway Norwegian companies established in 2011 Battery manufacturers {{Norway-company-stub