POPULARITY
On this week's episode, host Andrew Burnes is joined by Robert Piconi, Co-Founder and CEO of battery storage company Energy Vault. Robert dives into the different technologies the company is offering to buyers and offtakers, ranging from 1–4-hour lithium-ion applications to multi-day microgrids utilizing green hydrogen, as well as the company's move from hardware manufacturer to developer and owner/operator. Robert also discusses the areas he expects to be the next frontiers for energy storage in the US and what it will take for the market to expand in those areas, as well as some of the recent actions taken by the Trump Administration and the potential impacts on the storage sector.NPM is a leading data, intelligence & events company providing business development led coverage of the US & European renewable energy & data center markets for the development, finance, M&A and corporate community.Download our mobile app.
In this episode, host Bill Derasmo is joined by Dr. Marco Terruzin, the chief commercial and product officer at Energy Vault. Dr. Terruzzin shares his background in energy economics and trading, with experience in both the U.S. and China. He discusses how international experience and cross-cultural knowledge have expanded the energy sector. The conversation focuses on innovative energy storage solutions, including gravity and hybrid energy storage systems, and the increasing demand for dispatchable, emission-free resources. Tune in to learn about the priorities in energy storage and potential solutions.
In EcoNet News, Volume 26, Issue #6, Ted shares his highlights from his trip to San Francisco to cheer on Matlock, daughter Kristin's boyfriend who was competing in the Escape from Alcatraz Triathlon. He also highlights that renewables provided more than 30% of all U.S. electrical generation in the month of April, a German research team testing new module concepts, integrating solar into sound walls along busy highways and railways, integrating Energy Vault's gravity energy storage (GES) into skyscrapers, Kit Carson Electric Cooperative in northern New Mexico's clean and green position, AI's energy intensity, the quest for climate-friendly food, and Lufthansa's environmental cost surcharge.
For the past several years, the Swiss-based company Energy Vault has been developing an energy storage system based on the principle of using mechanical devices to lift heavy concrete blocks into stacks using power generated by wind turbines or other renewable sources. When energy is needed, the blocks are lowered back to the ground, spinning […]
As utilities grapple with how best to expand the US electric grid to improve reliability and support technologies like electric vehicles, they're turning to a host of technologies like grid storage and AI that can help with planning and managing new demands. On this week's episode, co-host Taylor Kuykendall and correspondent Camellia Moors speak with guests Anthony Allard, executive vice president and head of North America at Hitachi Energy, Josh Brumberger, CEO of Utilidata, Robert Piconi, chairman and CEO of Energy Vault, and Paul Doherty, principal communications representative at PG&E. Subscribe to Energy Evolution to stay current on the energy transition and its implications. The show is co-hosted by veteran journalists Dan Testa and Taylor Kuykendall.
As utilities grapple with how best to expand the US electric grid to improve reliability and support technologies like electric vehicles, they're turning to a host of technologies like grid storage and AI that can help with planning and managing new demands. On this week's episode, co-host Taylor Kuykendall and correspondent Camellia Moors speak with guests Anthony Allard, executive vice president and head of North America at Hitachi Energy, Josh Brumberger, CEO of Utilidata, Robert Piconi, chairman and CEO of Energy Vault, and Paul Doherty, principal communications representative at PG&E. Subscribe to Energy Evolution to stay current on the energy transition and its implications. The show is co-hosted by veteran journalists Dan Testa and Taylor Kuykendall.
Today on episode 226 Robert Piconi, Co-Founder and CEO of Energy Vault joins us on The Green Insider. Learn about: Short and long duration storage facilities (LDEF) Utility scale energy storage solutions The use of green hydrogen in the storage market Hybrid battery and green hydrogen storage solutions Gravity energy … The post Learn about cutting edge energy storage solutions on The Green Insider appeared first on eRENEWABLE.
Welcome back to Know Power, the podcast where we explore the latest developments and innovations in the world of renewable energy and power. In today's episode, we are diving into the fascinating world of energy storage solutions. Our guest, Robert Piconi, will take us on a journey through the clean energy transition, sharing insights on the deployment of renewable energy and the importance of power energy storage in countries like China. We'll uncover the role of gravity- and non-lithium-based technology in energy storage, and how companies like Energy Vault are spearheading the charge. Piconi will also shed light on the rapid growth of his company, the challenges faced during the COVID-19 pandemic, and explore the increasing interest in clean energy and ESG investments. Along the way, we'll discover the crucial role of green hydrogen in the clean energy transition, and how it's being utilized to power cities during planned or unplanned shutdowns. So buckle up and get ready to expand your knowledge on the power of energy storage, in this enlightening episode of Know Power.Guest bio: Robert Piconi has had a fascinating journey in the energy industry. He began his career working for traditional and integrated oil companies, including the prominent Amaco before its merger with British Petroleum. Starting in the energy sector, Robert witnessed the mindset that prevailed at the time, with the belief that any problem could be solved as long as oil prices remained below $20 a barrel. However, his path took an unexpected turn, leading him back to the world of renewable energy. Throughout his career, Robert has seen the industry undergo significant changes. He experienced the transition from a heavily fossil fuel-centric approach to a growing emphasis on renewable sources. This shift sparked his interest, and he recognized the potential for renewable energy to make a lasting impact. Today, with oil prices soaring above $90 a barrel, Robert's decision to venture into the renewable energy sector has proved prescient. His unique journey highlights his adaptability and forward-thinking nature. He has exemplified the ability to navigate through evolving landscapes and find opportunities for growth. Robert's experiences in both traditional and renewable energy sectors have given him a well-rounded perspective, making him a valuable asset in today's ever-changing and environmentally conscious world. As the energy industry continues to evolve, Robert is dedicated to driving change and contributing to a sustainable future.[00:02:11] Robert's career evolution to date[00:04:00] Urgency, economics, and sustainability[00:06:38] The carbon footprint of concrete fabrication[00:10:00] Struggles in light of COVID-19[00:14:09] 10% incentive for serving energy communities, 45X advanced manufacturing production credit, green hydrogen project with PG&E.[00:16:32] Innovations needed for power storage outside of lithium-ion[00:20:15] Quick market growth, investor support, and industry shifts[00:27:31] The state of R&D investment in new technology worldwide[00:30:04] Importance of carbon capture technology and decarbonization efforts[00:36:24] Global markets addressed with unique software-based technologies[00:40:44] How leadership impacts employee experience & company culture[00:42:56] An emphasis on inclusion and transparency[00:48:36] Natural gas used for multi-day power storage[00:50:52] Public utility approvals obtained for California project[00:53:17] “Microgrids” as backup for military bases and data centersLearn more and stay up to date at
Did you know that more than 90% of today's energy storage technology is based on a 140+ year-old concept? Care to guess what that is? Hint - has to do with moving water, waiting, then moving water again. Humans have been harnessing the energy of river currents for centuries, using water wheels spun by rivers initially to process grains and cloth. Today, hydropower provides about 16 percent of the world's electricity, generating power in all but two U.S. states. Contrary to popular belief, however, hydroelectric power can seriously damage the climate, displacing millions of inhabitants and in some cases generating more GHGs than their fossil counterparts!With this in mind the genius idea of Energy Vault was born. If you missed our episode with their CEO, Robert Piconi, last month, then you truly missed out on a conversation worth revisiting. If you don't have the time, however, for a 60+min treasure trove, then today you can check out a 10 min Tactical Tuesday vignette of that convo specifically focused on how Energy Vault's team have created a gravity-based storage solution that mimics hydro power without all the water and ecological concerns.Let's face it, our growing reliance on renewable energy sources, such as solar and wind, with inherent intermittency challenges, prevents us from achieving a 100% carbon neutral power grid. Some of the front runners in the current energy storage race are lithium ion batteries and pumped hydro, both of which pose challenges like high cost and a negative environmental impact. Energy Vault's solution uses gravity (and software, of course) in a novel form factor that is efficient, scalable, economical, and sustainable.Listen as Robert explains how their unique system uses eco-composite bricks for long-duration energy storage(LDES). He points out the energy storage market is not where it should be, and how their gravity batteries and strategic partnerships are enabling an increasingly renewable-powered grid. Want to know how they are able to be deployed without subsidies? Tune in. If you want to connect with today's guest, you'll find links to his contact info in the show notes on the blog at https://mysuncast.com/suncast-episodes/.SunCast is presented by Sungrow, the world's most bankable inverter brand.You can learn more about all the sponsors who help make this show free for you at www.mysuncast.com/sponsors.Remember, you can always find resources, learn more about today's guest and explore recommendations, book links, and more than 637 other founder stories and startup advice at www.mysuncast.com.You can connect with me, Nico Johnson, on:Twitter - https://www.twitter.com/nicomeoLinkedIn -...
On Today's Episode: It's a foregone conclusion at this point that to reach the necessary level of renewable energy penetration on the grid that will meaningfully address climate change, energy storage is a must. All that wind & solar energy also needs to be dispatchable. And, while batteries are seen as a crucial component of energy storage systems, the limitations with today's battery chemistries and energy densities suggest that we still need storage alternatives. Both lithium-ion batteries and pumped hydro storage currently dominate the energy storage market but they each represent challenges related to cost and environmental impact. What if we could re-think hydropower using gravity but avoiding the dramatic environmental cost?Listen as Robert Piconi, the Co-founder & CEO of Energy Vault, discusses their diverse technology portfolio that provides software and hardware energy storage solutions to meet clients' needs from municipalities to major investor-owned utilities. Piconi and his team have reimagined energy storage by developing an innovative, gravity-based alternative. Their unique system uses eco-composite bricks for long-duration energy storage(LDES), but they readily admit that there has to be a (technology) bridge to LDES.Energy Vault's approach combines various storage technologies to fulfill diverse energy needs while emphasizing a novel software management solution that itself could be a world-class product for dispatching & balancing energy loads. Energy Vault offers a tailored energy storage solution for public utilities, independent power producers, and industrial energy users working with renewables to address the demand catalyst, climate change. Today we dig into just how this innovation came into existence, and why the industry is taking note.If you want to connect with today's guest, you'll find links to his contact info in the show notes on the blog at https://mysuncast.com/suncast-episodes/.SunCast is presented by Sungrow, the world's most bankable inverter brand.You can learn more about all the sponsors who help make this show free for you at www.mysuncast.com/sponsors.Remember, you can always find resources, learn more about today's guest and explore recommendations, book links, and more than 637 other founder stories and startup advice at www.mysuncast.com.You can connect with me, Nico Johnson, on:Twitter - https://www.twitter.com/nicomeoLinkedIn - https://www.linkedin.com/in/nickalus
Please take our listener survey.Stay up to date with the latest solar, wind, and energy storage news and analysis. Join co-hosts Tim Montague, solar & storage expert, and John Weaver, PV Magazine journalist, as they reflect on the latest tools, technologies, and trends driving the energy transition forward. With a strong commitment to decarbonizing the economy and building a safer, healthier future for humanity, this show is a must-watch for any energy professional looking to stay ahead of the game. Don't forget to subscribe to our YouTube channel, rate and review us on Apple or Spotify, and join us live every Thursday at 12 noon EST / 9 AM Pacific. Contact us at tim@cleanpowerhour.com or visit www.CleanPowerHour.com to learn more.This week John Weaver and I discuss :1. Energy Vault completes 25 MW project in China 2. Limitless ocean-based solar power near the equator due to flat oceans - for instance - Indonesia could generate ~35,000 TWh/yr via floating solar = current global electricity generation Energy Storage leaders join us for Creating Cost-Competitive Energy Storage Systems - Aug 24, 10 AM Central.https://events.reutersevents.com/renenwables/cost-competitivesystems?utm_source=clean%20power%20hour%20social%20post%20wb2 Support the showConnect with Tim Clean Power Hour Clean Power Hour on YouTubeTim on TwitterTim on LinkedIn Email tim@cleanpowerhour.com Review Clean Power Hour on Apple PodcastsThe Clean Power Hour is produced by the Clean Power Consulting Group and created by Tim Montague. Contact us by email: CleanPowerHour@gmail.com Corporate sponsors who share our mission to speed the energy transition are invited to check out https://www.cleanpowerhour.com/support/The Clean Power Hour is brought to you by CPS America, maker of North America's number one 3-phase string inverter, with over 6GW shipped in the US. With a focus on commercial and utility-scale solar and energy storage, the company partners with customers to provide unparalleled performance and service. The CPS America product lineup includes 3-phase string inverters from 25kW to 275kW, exceptional data communication and controls, and energy storage solutions designed for seamless integration with CPS America systems. Learn more at www.chintpowersystems.com
Daily Business and Finance News - Wednesday, 7 June 2023 Today's headlines: Restaurant stocks could get jolted by an upcoming Supreme Court ruling Citadel's Ken Griffin thinks near-term generative AI impact is a hype - report UnitedHealth raises dividend by 13.9% to $1.88 Billionaire investor Stan Druckenmiller expects to own Nvidia for years, not months Marijuana banking bill heading to committee vote within weeks - Senate chairman Nasdaq posts worst day in over a month as tech rally loses steam; Dow, S&P end mixed Plug Power, Energy Vault to build largest planned U.S. hydrogen fuel cell installation Explanations from OpenAI ChatGPT API with proprietary prompts. This podcast is produced by Klassic Studios Learn more about your ad choices. Visit megaphone.fm/adchoices
In this week's episode the team talk about the future of maritime shipping and its viable decarbonization pathways, the state of the solar supply chain and our recent interview with long duration energy storage company Energy Vault.
Jen Bartashus, Senior Industry Analyst with Bloomberg Intelligence, joins to discuss Target earnings. Bloomberg Macro Strategist Vince Cignarella also joins to tell us what Target and retail earnings signal about consumer strength and inflation, as well as breaking down recent Fed speak. Huw Roberts, Head of Analytics at Quant Insight, talks about AI in investing, commodities, and what his models are telling him about the outlook for a recession. Savina Rizova, Global Head of Research at Dimensional Fund Advisors, joins to discuss her financial research, investing strategies, and outlook for a US recession. Robert Piconi, CEO and co-founder at Energy Vault, joins to discuss de-carbonization and sustainable energy. Neil Grossman, former CIO at TKNG Capital, joins the show to talk about the recent eco inflation data we've seen the past week and outlook for rate hikes, the debt ceiling, and a hard landing. Anna Bryson, CFO at Doximity (NYSE: DOCS), joins the show to talk about her company's performance this year and outlook. Hosted by Paul Sweeney, Kriti Gupta, and Madison Mills.See omnystudio.com/listener for privacy information.
A decarbonized grid, powered primarily by solar and wind, will require a lot of energy storage. Lithium-ion batteries, while the technology du jour, won't come close to solving the impending problem on their own.The long-duration energy storage dilemma is multi-pronged: today's market structures don't adequately reward energy storage of longer than four hours, and potential solutions are mired in technical challenges and steep capex costs.But one company may have cracked the code.Episode 45 of Factor This! features Robert Piconi, CEO of Energy Vault, a company well on its way to deploying long-duration gravity storage systems at scale.Energy Vault first made its splash with towering cranes lifting and lowering blocks under the guiding principles that have made pumped hydro the world's most significant energy storage resource.Now, with a redesigned concept, the company is deploying its systems in partnership with major players like Enel… and even landed a green hydrogen deal with Pacific Gas & Electric, California's largest utility.Can long-duration energy storage finally break through?After a year of producing Factor This, we want to hear from you. Let us know what you've liked and how we can improve. Do you want more frequent episodes? Different topics? Click the link in the episode description to fill out our first audience survey. And help make Factor This the best it can be. The GridTECH Connect Forum is coming to Newport, Rhode Island October 23rd through the 25th. Click the link in the description to save the date for this unique event that's bringing together developers, utilities, and regulators to take on the critical issue of interconnection in the Northeast.We'll be sharing more details on the agenda and speakers soon. Check out Grid TECH Connect dot com to learn more.
Renewable, sustainable energy has made strides in the last 20 years with developments in solar and wind power, but much of the field still struggles to move forward from traditional fossil fuels. Today's guest has broken new ground on a uniquely clean, and extremely effective energy technology.Robert Piconi is Chairman and CEO of Energy Vault, developers of sustainable energy storage solutions. Prior to Energy Vault, Robert was founder and CEO of Pantheon Healthcare Group, and he also served as group at the Danaher Corporation. His earlier experience includes roles of increasing responsibility at Fortune 500 public companies, including the Diversified Energy Group at Amoco and British Petroleum, as well as executive leadership roles at Bell Labs Lucent Technologies. Robert holds a BS/BBA from Notre Dame, and an MBA from Northwestern University's Kellogg School of Management.We talk to Robert about his early career, the energy storage market, and Energy Vault's huge runway for growth. Highlights: Robert's transition from the fossil fuel market to renewables (2:51) Energy Vault's story and services (5:06) How Robert spotted a gap in the market (6:37) Energy Vault's growth and expansion tactics (9:02) The Inflation Reduction Act and impact on business (12:38) How the unique gravity storage method works (14:25) Target audience and customers (17:29) Robert explains the business's economic model (21:46) Energy Vault's leadership team (24:10) The future of the business and new projects (25:49) Links:ICR TwitterICR LinkedInICR WebsiteRobert Piconi on LinkedInEnergy Vault on InstagramEnergy Vault on LinkedInEnergy Vault WebsiteFeedback:If you have questions about the show, or have a topic in mind you'd like discussed in future episodes, email our producer, marion@lowerstreet.co.
Today's guest is Robert Piconi, CEO and co-founder at Energy Vault, which develops and deploys utility-scale energy storage solutions. The company's offerings include proprietary gravity, battery, and green hydrogen energy storage hardware technologies supported by a technology-agnostic energy management system software layer. They can deliver short- and long-duration energy storage with the goal of helping carbon-free energy be as cost-effective as possible at all times of the day and night. Robert and Cody have a great conversation about why energy storage matters, the different types of energy storage today, and some unique insights from Bill Gross at Idealab that led to the earliest version of Energy Vault. They talk about the rapid iterations Energy Vault has done on its gravity storage model, and how they've raised capital. Energy Vault went public via SPAC one year and one day before Rob and Cody had this conversation. It's incredible to see such an infrastructure-heavy company grow and iterate so quickly. Enjoy the show! In this episode, we cover: [2:41] Robert's background and interest in the energy sector [6:55] Challenges of energy storage[10:19] Energy Vault's history as a company and exponential growth [15:16] The energy storage space broadly and its shortcomings [19:09] How Energy Vault landed on its solution and a description of its tech[26:17] Feedback from customers and the evolution of the company's tech [29:04] An overview of the company's EVX platform [30:55] Differences between long vs short storage [34:36] Energy Vault's latest project announcements [42:25] Tailwinds from the Inflation Reduction Act [45:45] The 24/7 carbon-free energy market [49:40] Talent and partner opportunities with Energy VaultGet connected: Cody Simms Twitter / LinkedInRobert Piconi / Energy VaultMCJ Podcast / Collective*You can also reach us via email at info@mcjcollective.com, where we encourage you to share your feedback on episodes and suggestions for future topics or guests.Episode recorded on February 15, 2023
We've got billions in the pot for renewables. The technology is there for wind, solar, hydrogen and nuclear, but there's still a significant hurdle to overcome: the issue of storage. Energy Vault is a company exploring innovative solutions to this problem. Using the science behind pumped hydro as inspiration, they created a gravity and kinetic-energy based system around massive composite blocks. Excess renewable energy lifts the blocks, then when the energy is needed again, it drops them and converts the kinetic energy into electricity. The main problem with the grid is that it is designed as a ‘pre-generation' storage solution, in that we simply convert fuel into energy. Post-generation storage, where we actual store the electricity, is lacking. The grid needs upgrading, and Energy Vault's system is one solution. On the Interchange: Recharged, David is joined by Co-Founder and CEO Rob Piconi. Rob believes that the biggest step we need to take to decarbonise is solving our storage problems. The discussion explores the technology behind Energy Vault, the every-present issue of the supply chain, and the future of investment for the company. Follow @InterchangeShow and subscribe so you don't miss an episode. View the landing page to find all episodes of The Interchange Recharged. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This week, NPM's Andrew Burnes is joined by Jack Godshall, Co-Founder and Chief Commercial Officer at Jupiter Power.Godshall walks us through some of the highlights from Jupiter Power's 2022 including their acquisition by BlackRock, new manufacturing partnership with Energy Vault, and the expansion of their pipeline into new markets following the passage of the IRA. Godshall also looks ahead to the impacts those developments are expected to bring to its pipeline and the storage market as a whole throughout 2023.As a reminder, Jupiter Power's CFO Bruce Thompson will also be speaking on the energy storage panel at NPM's US Development & Finance Forum 2023 in Houston on March 20-21.New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the renewable energy market for the development, finance, advisory & corporate community.
Timestamps: 07:35 - Curiosity Breeds Entrepreneurship 15:09 - The Fall of Dermintel 23:24 - Digital Transformation Best Practices for Companies 33:03 - Inclusivity in the Tech Space 39:14 - Cognitive Flexibility and the Future of Work About Tomoko Yokoi: Tomoko Yokoi is a researcher and advisor in digital transformation at the IMD Business School and a lecturer at ETH Zürich. She also co-founded a market research startup, Dermintel. Before working in business, she studied International Development and Human Rights at the Georgetown University Walsh School of Foreign Service. Although she had a huge passion for development and human rights, she wanted to venture into something different and decided to enter the corporate world. The more she learned about entrepreneurship, the more she realised the advantages of the entrepreneurial lifestyle, including time flexibility, which she felt was lacking in corporate life. In 2020, the covid pandemic forced Tomoko to pause Dermintel's development, allowing her to focus more on her passion for digital transformation. Digital transformation can be complicated, but Tomoko loves unpacking the complexity to help organisations succeed. For her, it's not just about technology: it's also about governance, innovation, culture change, leadership, and competency development. As part of her book, Hacking Digital: Best Practices for Implementing and Accelerating Your Business Transformation, Tomoko Yokoi shares more about how to implement digital transformation in the workplace by giving insight into: How to create the best business model that has value How to lead digital transformation New technologies in digital transformation Resources: Book: Hacking Digital: Best Practices to Implement and Accelerate Your Business Transformation Article: Emojis In The World Of Work Memorable Quotes: “So many opportunities exist, it really depends on how you can target what you need when you need it.” “It is important to think of inclusivity when you think about innovation.” If you want to tune into another conversation with a founder who left corporate to start a business, check out our episode with Robert Piconi, co-founder and CEO at Energy Vault. Don't forget to give us a follow on our Twitter, Instagram, Facebook and Linkedin accounts, so you can always stay up to date with our latest initiatives. That way, there's no excuse for missing out on live shows, weekly giveaways or founders' dinners!
In this week's episode the Rethink Energy team discusses the major energy company, Enel, its investment into bifacial heterojunction solar and its €21 billion assets sale, the 10GW hydrogen, wind and solar farm in Queensland, Australia and Energy Vault's move towards Li-ion storage solutions and its departure from gravity based energy storage.
Professor Bill McGuire rattled a few cages when he published "Hothouse Earth" and has now written an opinion piece in The Guardian: "The big takeaway from Cop27? These climate conferences just aren't working". "Analysis: Australia's climate policies don't match its big talk at COP27". "It's time to add climate change and net-zero emissions to the RBA's top 3 economic goals". "Long-duration storage firm Energy Vault pivots to short-term batteries". "What planting tomatoes shows us about climate change". "How electric vehicles will change cities". "Chefs, doctors and real estate developers among new coalition calling to rid kitchens of gas cooking". "‘We couldn't fail them': how Pakistan's floods spurred fight at Cop for loss and damage fund". "University College, London". --- Send in a voice message: https://anchor.fm/robert-mclean/message
Timestamps: 1:52 - From fossil fuels to clean energy 7:55 - Idealab and Energy Vault 14:20 - Hardware and software 29:03- Saying no to customers 43:50 - The intense schedule of going public About Robert Piconi: Robert Piconi is the co-founder and CEO at Energy Vault, a global energy storage company based in Ticino and publicly listed at NYSE. He previously worked at companies like BP, Alcatel and Spirent Communications. Despite his past in the oil business, Robert is currently dedicated to taking an active role in the transition to renewals. That's why he co-founded Energy Vault in 2017, after having validated the idea at Idealab, the longest running technology incubator in the US, with a very impressive track record: almost half of its companies have either gone public or been acquired. Energy Vault aims to tackle the complicated issue of energy storage, i.e. electron storage. This storage is made difficult by the electrons' limited “shelf-life”, by the costliness of the infrastructure, and by the fact that it is rather hard to find sustainable ways of doing it. Energy Vault combines innovative design, advanced materials science, and proprietary machine-vision software to orchestrate the storage and dispatch of electrical power by lifting and lowering composite bricks, made from eco-friendly materials. Energy Vault's commitment to sustainability is reflected in a unique approach to the circular economy which utilizes local industrial and energy waste, including remediated coal ash and recycled wind blades converted to recyclable materials, to build the system's composite bricks. They run their infrastructure and acquire their raw materials locally, so as to avoid greenhouse gas emissions and reinvest in the communities where they're located. One major customer segment of theirs are utilities companies that distribute to a grid infrastructure, and which are currently in the process of shutting down their fossil fuel plants and making the switch to renewables. Energy Vault went public on the NYSE in 2022, through a merger with Novus Capital Corporation II (NYSE: NXU). The transaction raised approximately $235 million in gross proceeds, additive to its recently announced Series C of $107M and the $50M license fee from Atlas Renewable, to fund the execution of its growth strategy. Reflecting on the going public process, Robert advises founders to not go public before they've reached a scale which allows them to reliably predict the company's future, or before they've hired enough people to maintain operational excellence during the IPO process. Memorable Quotes: "I felt like my potential could reach greater heights if it weren't held back by corporate constraints." "Countries have no walls: greenhouse gasses go all over the world. It is imperative that we cooperate." "An IPO process takes months. I would caution founders to structure their business in a way that makes sure things run on time even if they're away." Don't forget to give us a follow on our Twitter, Instagram, Facebook and Linkedin accounts, so you can always stay up to date with our latest initiatives. That way, there's no excuse for missing out on live shows, weekly give-aways or founders dinners!
Episode 369 avec Xavier et Sébastien B.Sommaire :• C comme Captcha (00:02:26) : Cloudflare annonce la fin des CAPTCHA. Cloudflare son service Turnstile qui annonce la fin des CAPTCHA. (source, source) • C comme Cloud (00:09:44) : 72% du cloud européen dominé par les GAFAM. Amazon, Microsoft et Google dominent le cloud européen avec 72% de parts de marché. (source) • E comme Energie (00:18:20) : Quand VW s'allie à un opérateur belge du réseau électrique. ...pour stocker de l'énergie grâce aux batteries de voitures électriques. (source) • G comme Gravité (00:26:44) : La gravité comme stockage d'énergie annonce un énorme contrat. Energy Vault décroche un gros contrat en Chine et Californie. (source) • M comme Muskerie (00:33:18) : Elon Musk tacle les brevets et à la propriété intellectuelle. Elon Musk tacle les brevets et à la propriété intellectuelle. (source) • N comme NASA (00:41:30) : MISSION DART: Un premier test de défense planétaire pour la NASA. NASA: la mission DART qui vise à protéger la planète des astéroïdes est un succès. (source, source, source) • P comme Parking (00:46:57) : Quand vous êtes suivi à la trace grâce à votre plaque d'immatriculation. Les parkings et bornes de stationnement permettent de vous suivre grâce à votre plaque d'immatriculation. (source, source) • W comme Wéménon (00:56:36) : La sieste au bureau, oui, sous le bureau c'est encore mieux. Votre nouveau bureau vous permet-il de faire la sieste? (source)
The future of storage is so bright that investing in in the vertical and its adjacencies is the opportunity of a lifetime. At the same time, buyer beware - there are many Theranos-like investment opportunities lurking out there in our vertical. You've got to be very smart to minimize the losers in your portfolio…or, as the great Michael Lewis would say, adopt a “Moneyball” approach.Where are the successes and where are the pitfalls? You need to be a great financier but also a fantastic scientist to figure out which will be the winning opportunities in the maze of projects floating around.That's why we have invited Jeff Chamberlain, CEO of Volta Energy Technologies (a 400mUSD Venture Capital fund) to discuss all the new innovations out there, including solid-state batteries. Jeff Chamberlain launched Volta Energy Technologies (https://volta.vc/ ) from Argonne National Laboratory in 2016. Volta's investment scope includes batteries, storage, and all the associated technology required to reduce cost and integrate batteries into vehicles and the grid across a spectrum of innovation that includes materials production, batteries, fast-charge tech, power electronics, management software, and recycling. Jeff and his team leverage all their knowledge and experience not only in batteries but also more generally in technology commercialization, physics, engineering, and investing to source, diligence, underwrite, and manage their investments.We talk about the difficulties of scaling and the need to integrate innovations into the current industrial infrastructure and supply chains, not try to compete against them. The debate doesn't not avoid “controversial” companies such as Quantum Scape and Energy Vault. In conclusion, Batterytech is a fantastic field of investing, but there are Zombies out there, not only in VCs but also in public markets under the form of SPACs. There will be blood.A great thanks to our partner Aquila Capital
NTC soll Sicherheit von Überwachungskameras kontrollieren, nach Corona boomen Geschäfts-Flugreisen wieder, Klinik Littenheid – weitere Vorwürfe, Energy Vault – neue Art der Energiespeicherung
In this episode of Mining Green, Brett speaks to Marco Terruzzin (Chief Product Officer) from Energy Vault. Energy Vault is the creator of a gravity-based, grid-scale energy storage solution that has many benefits compared to other energy storage alternatives, such as batteries and pumped hydro. Low cost (upfront CAPEX & ongoing OPEX) Highly scalable (GWh+) Flexibility No degradation in the storage medium Safe & sustainable (energy storage bricks can be made out of locally sourced materials, even waste materials) Tune in to this episode to learn more about the future of energy storage. More info on Energy Vault can be found on their website here: https://www.energyvault.com/ Below is a list of the topics we covered in the interview. How did you get into energy storage & Energy Vault Quite a journey to Energy Vault. Do you see it as the way of the future? How has the Commercial Demonstration Unit (CDU) performed in Switzerland? Transition to EVx technology Is the CDU still operating? Or have you moved on to the next phase? (ie. EVRC) Is EVx more flexible and stable? (compared to CDU) Is it a solution with a broad application? Advantages & disadvantages of Energy Vault How does the initial capital cost compared to other energy storage solutions? Making the energy storage bricks from waste materials Can mine waste be used to make energy storage bricks? How long before we see EVx units operating? Are there different challenges in the mining industry? Benefits from being an Electric Mine Consortium member Has there been interest from Electric Mine Consortium members? Will we be seeing lots of Energy Vault systems soon? Will there be an Energy Vault presence in Australia soon? More details on what was covered in the interview can be found on our blog post here: https://www.inspiritconsult.com.au/blog/2022/04/05/interview-with-marco-terruzzin-energy-vault/ The interview can also be watched on YouTube here: https://youtu.be/VKH4ixYDwEI Links: Interview blog post https://www.inspiritconsult.com.au/blog/2022/04/05/interview-with-marco-terruzzin-energy-vault/ Energy Vault https://www.energyvault.com/ Inspirit Consulting https://www.inspiritconsult.com.au/ Mining Green on Facebook https://www.facebook.com/Mining-Green-108027108520682 Mining Green on LinkedIn https://www.linkedin.com/showcase/mining-green/ On the Mining Green podcast, we share inspiring stories of how the mining industry is leading the way to a net-zero future. We'll cover the technologies that will enable the transition (think battery-electric vehicles, green hydrogen, and renewable energy for a start), the challenges that need to be overcome, the benefits that will arise, and how the mining industry can lead the way towards a cleaner future. Mining Green is brought to you by Inspirit Consulting. Inspirit Consulting is an independent mining consultancy, with a strength in strategic mine planning. We're also passionate about innovative mining technology, and the decarbonisation of the mining industry. The sorts of topics we discuss on Mining Green. Please get in touch if you need a hand looking at an innovative new approach at your mine site. Contact Brett at brett@inspiritconsult.com.au Brett Dunstone is the driving force behind Mining Green and Inspirit Consulting. Brett is a mining engineer with 20+ years of experience in the mining industry. He has worked in (or consulted for) many mining operations across Australia (and overseas), both underground and open-pit. He is passionate about technology (particularly electric vehicles) and the financial and sustainability benefits it can bring to the mining industry.
Robert Piconi, Geschäftsführer von Energy Vault, blickt zuversichtlich in die Zukunft. Die Firma bietet riesige Batterien zur Speicherung erneuerbarer Energien an. Seit Februar ist das Unternehmen an der Börse – und hat den Kurs dort bereits mehr als verdoppelt. SMI: +1.1%
Yann G's "It's All About Climate", plus Scientists 4 Future. In green biotech--Energy Vault, and George Marshall's "Don't Even Think About It!"
In this episode of Mining Green, Brett speaks to Graeme Stanway (from State of Play) about the Electric Mine Consortium. State of Play was one of the founding members of the Electric Mine Consortium back in 2020. The Electric Mine Consortium was set up as a collaboration between a number of different mining companies, OEMs, and technology providers to help facilitate the transition to an electric mine. The mining companies include the likes of Goldfields, South32, OZ Minerals, Evolution, Newcrest, Blackstone Minerals, along with OEMs such as Sandvik, Epiroc, ZERO Automotive, and some other tech suppliers such as Energy Vault. Electric Mine Consortium is made up of six different working groups. These are energy storage, mine design, heavy underground equipment, light and auxiliary equipment for underground, and electric infrastructure, and the newest one being surface and long haulage. More info on the Electric Mine Consortium can be found on their website here: https://www.electricmine.com/ We covered a lot of ground in the interview with Graeme, particularly around what the Electric Mine Consortium is doing and why. However, we also covered some bigger questions, such as switching perceptions of the mining industry through decarbonisation. Below is a list of the topics we covered in the interview. Why was the Electric Mine Consortium formed? How are the 6 Electric Mine Consortium working packages progressing? What are the schedules/timelines for these different working packages? How does the Electric Mine Consortium operate? How is it funded? How were the working packages decided? Would government funding help achieve your goals faster? Fostering innovative thinking/collaboration between mining companies Why are members joining the Electric Mine Consortium? Applying carbon pricing in studies Onsite technology trials Learning from the Canadian experience & other overseas electric operations Rethinking mining for electric mining Electric Mine Consortium foundation members & organic member growth Future of the Electric Mine Consortium Areas outside of the Electric Mine Consortium's current working groups (processing etc) Decarbonisation of the mining industry. Is there an appetite for it? Switching perceptions of the mining industry Carbon metrics More details on what was covered in the interview can be found on our blog post here: https://www.inspiritconsult.com.au/graeme-stanway-electric-mine-consortium The interview can also be watched on YouTube here: https://youtu.be/oicslcwKznA Links: Interview blog post https://www.inspiritconsult.com.au/graeme-stanway-electric-mine-consortium Electric Mine Consortium https://www.electricmine.com/ You can also download their latest report "Electric Mine Consortium: A Case Study on Transformative Collaboration" from this page Inspirit Consulting https://www.inspiritconsult.com.au/ Mining Green on Facebook https://www.facebook.com/Mining-Green-108027108520682 Mining Green on LinkedIn https://www.linkedin.com/showcase/mining-green/ On the Mining Green podcast, we share inspiring stories of how the mining industry is leading the way to a net-zero future. We'll cover the technologies that will enable the transition (think battery-electric vehicles, green hydrogen, and renewable energy for a start), the challenges that need to be overcome, the benefits that will arise, and how the mining industry can lead the way towards a cleaner future. Mining Green is brought to you by Inspirit Consulting. Inspirit Consulting is an independent mining consultancy, with a strength in strategic mine planning. We're also passionate about innovative mining technology, and the decarbonisation of the mining industry. The sorts of topics we discuss on Mining Green. Please get in touch if you need a hand looking at an innovative new approach at your mine site. Contact Brett at brett@inspiritconsult.com.au Brett Dunstone is the driving force behind Mining Green and Inspirit Consulting. Brett is a mining engineer with 20+ years of experience in the mining industry. He has worked in (or consulted for) many mining operations across Australia (and overseas), both underground and open-pit. He is passionate about technology (particularly electric vehicles) and the financial and sustainability benefits it can bring to the mining industry.
The deployment of Li-Ion batteries has exploded in recent years and is expected to enjoy a 30% annual growth until 2030. But those very critical pieces of hardware need a brain to fully function, and that is where software kicks in. In fact, they are two layers of software: the operating system, monitoring the functioning of the battery and the cloud system that interacts with the global electricity system and the power markets. Managing batteries revenues widely differs from geography to geography. Revenues can be categorised in three captions: a) short term ancillary service: daily auctions for primary, secondary, and tertiary reserve b) wholesale electricity market: day-ahead, intraday and imbalance markets; c) long-term auctions such as capacity schemes, voltage control, and last reserve. The battery management software must adapt to those different revenue stacks. So, how are the software developed, managed? How do they evolve? We have the pleasure of welcoming Seyed Madaeni, Chief Digital Officer at Fluence, to discuss those fascinating subjects.Finally, we do a deep dive into the economics of Fluence and have a go at the newly listed (and supposedly competitor) Energy Vault.We thank Aquila Capital for supporting the show.If you want more from Gerard and Laurent, check our sister podcast: Redefining Energy MINUTES, available on all main podcasts platforms.
Energy Vault (NRGV) develops sustainable, grid-scale energy storage solutions. Their mission is to accelerate the decarbonization of our economy. CEO Robert Piconi weighs in on Energy Vault's effort to design a proprietary energy management software based on A.I. The NRGV stock began trading on the NYSE today.
What do we make of Energy Vault's plan to deploy gravity-based energy storage in China? Is it possible for physicists to manipulate magnetism with light? Can humans sense strangers during sleep? Join Dr. Weiping Yu as he comments on the latest science news in this refreshing segment of Science and U. Visit A Neighbor's Choice website at aneighborschoice.com
This week we speak with Robert Piconi, co-founder and CEO of Energy Vault. Energy Vault entered into a $1.1 billion combination agreement with Novus Capital II in September. It has developed a unique energy storage technology that uses simple gravity and pulleys to hold and release stored energy from renewable sources. We discuss Energy Vault's process for rolling out its first projects this year and how it has added financial security to the transaction despite the challenging market.
In deze aflevering is Ilyaz Nasrullah onze gast. Ilyaz is digitaal strateeg en o.a. columnist voor Trouw. Daar schrijft hij over technologie, digitalisering en het effect ervan op ons als mens en samenleving. Hij schreef onlangs een opinie stuk over hoe ons ‘klimaatgeweten' door mensen als Elon Musk wordt 'verdoofd'. Als we teveel vertrouwen dat alle klimaatproblemen door techniek worden opgelost, missen we de urgentie om ook de noodzakelijke veranderingen in gedrag en systemen door te voeren. Daarover gaan we met hem in gesprek. In de Week van... komt Elon Musk weer aan bod. Ditmaal vanwege zijn bedrijf Starlink, dat inmiddels zo'n 2000 satellieten in een baan om de aarde heeft draaien. Wat zijn de (bij)effecten hiervan? Kunnen we straks nog wel ongehinderd naar de sterren staren? De Zwitserse startup Energy Vault houdt zich bezig met het opslaan van energie door middel van zwaartekracht. En tenslotte een luistertip bij De Correspondent: "Wat maakt kleren ‘duurzaam'? Hoe ze worden gemaakt – maar ook wat je er zelf mee doet". We sluiten af met columnist Sanne Roemen, terug van weggeweest! Zij heeft niet stilgezeten en woont inmiddels volledig gasloos in haar nieuwe woning. We praten over dit proces en hoe dit in praktijk bevalt. Tijdschema: 00:01:58 Illyaz Nasrullah over ons klimaatgeweten 00:32:34 De Blikopeners van deze week 00:44:16 Sanne Roemen woont gasloos en deelt haar ervaringen
#60 Are Gravity Batteries the next big thing? How will Illinois' clean energy legislation impact the market?It's all here on this week's news round up on the Clean Power Hour.Reconsilience package seems like it might be signed finally, here's a list of key high level costs. Includes a 30% solar tax credit, direct pay. https://twitter.com/ella_nilsen/status/1453710329846849543Energy Vault gets an order - Energy Vault signed a $520 million deal to supply 1.6 GWh of energy storage to DG Fuels to produce renewable hydrogen and a variety of fuels. The 500 MW project makes energy pencils out at $325/kWh which is a premium but remember gravity works 24/7. https://pv-magazine-usa.com/2021/10/27/gravity-based-energy-storage-tower-developer-notches-a-customer-order/Project of the week: BIPV solar called DRAGON SCALES by https://pv-magazine-usa.com/2021/10/26/watch-dragon-scale-solar-tiles-installed-on-google-buildings-in-silicon-valley/The installation of a 14 MW wind turbine - one of the first in the world - weighs 500 tons and that is considered lighthttps://twitter.com/SiemensGamesa/status/1452918289093566464Rivian fire at the Normal Illinois factory, plus - Rivian is only building 1 truck per day currentlyhttps://electrek.co/2021/10/27/rivian-small-battery-fire-electric-pickup-truck-factory/Cool (sorta) video of wind rotor and blades falling into the oceanhttps://www.youtube.com/watch?v=HF5w2eWcKjIVox interview with Elon Muskhttps://www.vox.com/2018/11/2/18053424/elon-musk-tesla-spacex-boring-company-self-driving-cars-saudi-twitter-kara-swisher-decode-podcast Corporate sponsors who share our mission to speed the energy transition are invited to check out https://www.cleanpowerhour.com/support/ Twice a week we highlight the tools, technologies and innovators that are making the clean energy transition a reality - on Apple,
Adam works with a lady that had spent years trying many different diets to lose weight. He identified a time in her life that she felt very resourceful and then built a metaphor based on a large vault of energy. In order to unlock the vault she had to choose to eat from one of two tables. The first table had junk food and processed high carb food and the second table had natural healthy food with lots of salads and vegetables. By eating and enjoying food from the second table she also unlocks the vault to her stored energy (body fat). Adam Cox is one of the world's most innovative hypnotists and is known for being the hypnotherapist of choice for Celebrities, CEO's and even Royalty. You can contact Adam at adam@adamcox.co.uk Find Adam on Instagram at: https://www.instagram.com/adamcoxofficial/ For information on Adam go to https://www.adamcox.co.uk/ To book a free 30-minute consultation call to consider working with Adam go to: https://go.oncehub.com/AdamCox To hear Adam's podcast The Hypnotist on Spotify and iTunes visit: http://link.chtbl.com/TheHypnotist To hear Adam's podcast Modern Mindset on Spotify and iTunes visit: https://link.chtbl.com/ModernMindset
This week Chris and Johan are joined by Marco Terruzzin, Chief Product Officer at Energy Vault SA. Their technology uses the basic idea of potential and kinetic energy to lift and lower bricks to store and retrieve energy. Energy Vault has experienced very steep growth, they have recently raised $100 Mio. in capital through a Series C fundraising round followed by an announcement to list on the NYSE. Listen in, to find out what use cases they are aiming for and why software is so essential
The accelerating adoption of wind and solar energy is driving a growing interest in energy storage technologies. An electric grid dominated by intermittent power sources will need large-scale energy storage. Grid-scale energy storage is expected to increase at least 10 times over the next decade and this will require nearly $300 billion in investments over […]
On today's podcast we welcome special guest, Energy Vault Co-Founder and CEO Robert Piconi. Energy Vault creates gravity-based, grid-scale energy storage solutions with its proprietary technology. On the show, Rob discusses: -The initial idea behind the founding of Energy Vault -How Energy Vault's energy storage systems work -Insights into the company's recent going public transaction -How Energy Vault differs from the competition -And more
Energy Vault has developed a gravity energy storage platform and will merge with Novus Capital II to list on NYSE. The Energy Vault SPAC merger implies pro-forma equity valuation of $1.6B. The gravity energy platform Energy Vault has developed is designed to be cost-efficient, safe to operate and environmentally sustainable in order to outperform alternatives. Rob Piconi, Co-Founder and Chief Executive Officer at Energy Vault, joins Oliver Renick to discuss the merger and what's next for the company. Tune in to find out more.
Robert Piconi has been involved in some of the biggest transatlantic M&A deals. He's now working with Bill Gross on a renewable energy startup that has already attracted significant capital from Softbank. His venture, Energy Vault has also acquired $117M in funding from investors like Helena Special Investments, Saudi Aramco Energy Ventures, Cemex Ventures, and Neotribe Ventures.
Robert Piconi has been involved in some of the biggest transatlantic M&A deals. He's now working with Bill Gross on a renewable energy startup that has already attracted significant capital from Softbank. His venture, Energy Vault has also acquired $117M in funding from investors like Helena Special Investments, Saudi Aramco Energy Ventures, Cemex Ventures, and Neotribe Ventures.
Peter and Dan discuss entrepreneurial breakthrough stories specifically in the energy industry. They talk about the importance of timing in launching a new venture and why the 2020's will be the decade of exponential energy. In this episode: Peter mentions a company “Energy Vault” that is specializing in gravitational energy storage. Its primary product is […]