1414 Degrees (ASX:14D) is marching forward with the commercialisation of its silicon-based thermal energy storage system known as SiBox, which could play a pivotal role in replacing fossil fuel-based heat in industrial processes whilst protecting businesses against intermittent electricity supply and power outages stemming from renewable sources of energy generation.
I thought you would be interested in this CEO interview considering the mass blackouts across Spain, Portugal, and parts of Western Europe in late April, to discover how long-duration thermal storage such as SiBox can provide a reliable solution for safeguarding Australian industries against shutdowns.
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Executive Chairman Dr Kevin Moriarty can discuss:
- How long-duration energy storage (LDES) solutions can protect industries and businesses during mass blackouts, such as those recently experienced in Spain and Portugal
- The unique opportunity for Australia to spearhead the transition to long-duration energy solutions in a low-carbon future
- How the SiBox technology has been demonstrated as an effective high-temperature storage solution, with more than 8,000 hours of continuous operation
- Application of the SiBox technology in industries reliant on high-temperature process heat, such as mineral processing and manufacturing including cement, alumina, and steel production sectors
- How 1414 Degrees is advancing the commercialisation of its SiBox technology, including its collaboration with petroleum giant Woodside Energy (ASX:WDS)
Dr Kevin Moriarty, Executive Chairman
Kevin has more than 40 years of mining and oil exploration and development experience and over 30 years of corporate experience in senior roles including as Chairman and Managing Director of listed companies.
Under his leadership, 1414 Degrees has built several prototype devices utilising high temperature silicon energy storage to produce electricity. The results of these prototype devices and complementary research and development led to the new SiBox technology aimed at producing clean, high temperature heat.
SiBox has attracted major support from Woodside Energy (ASX:WDS) and the Australian Government. He negotiated the purchase of the Aurora Energy Project for 1414 Degrees.
Learn more: https://1414degrees.com.au/the-team/
About us:
1414 Degrees (ASX:14D)
1414 Degrees is a leader in industrial decarbonisation with its cutting-edge silicon-based solutions enabling the alignment of energy supply with demand, whilst also fostering the widespread adoption of renewable energy.
The company’s key technologies include:
• SiBrick: Thermal energy storage technology that safely and efficiently stores renewable electricity as latent heat, which is then available for use on demand.
• SiBox: Delivers consistent, high-temperature heat to facilitate the transition to sustainable industrial processes. It can be seamlessly retrofitted into heavy industry processes, offering a viable alternative to conventional energy sources.
• SiPHyR: Methane pyrolysis reactor with integrated storage designed to produce low-emission hydrogen and solid carbon using renewable energy sources.
1414 Degrees has showcased its capabilities through successful pilot projects that highlight the reliability and effectiveness of its solutions.
SiBox has proven its ability to deliver high-temperature air or steam on demand from stored heat. The development of SiPHyR underscores the company’s commitment to innovation and sustainability.
In 2019, 1414 Degrees made the strategic purchase of the Aurora Energy Project (AEP) located near Port Augusta, South Australia. The project is a long-term renewable energy initiative to deliver reliable electricity to the region and National Electricity Market.
The AEP has approval for 1414 Degrees to pilot and demonstrate a large commercial scale version of the SiBox technology.
To learn more, please visit: https://1414degrees.com.au/
Contact details:
For more information, images or to arrange interviews, please contact:
The Capital Network
Julia Maguire
T: +61 2 7257 7338
E: [email protected]