Thermal energy storage experts at the UK-based company, Organic Heat Exchangers, are set to revolutionise global industrial cooling with the launch of EnergiVault® – a trademarked/patented, cold thermal energy storage battery and charger system providing dynamic cooling power for industrial refrigeration.
This first-of-its-kind, AI-driven technology has been developed to enhance operational resilience, reduce energy costs and lower carbon emissions for facilities that use water chillers to deliver their cooling requirements.
Bob Long, Executive Chairman and a Fellow of the Institute of Refrigeration, said: “This is a visionary journey towards reshaping the landscape of industrial cooling, and EnergiVault® is poised to be one of the fastest-growing global industrial brands during the next three years. The technology has huge potential in the global marketplace where climatic temperatures continue to rise, and its rapid and flexible discharge capabilities make it the best thermal storage system in the market.”
The world’s first commercial installation of EnergiVault® is now operational at Quotient Sciences, a drug development and pharmaceutical manufacturer in Alnwick, Northumberland.
This particular site was selected due to several key characteristics: two x 240kW chillers supporting temperatures of 5-15֯C; annual electricity consumption on refrigeration of ~250MWh; pinch points arising from chiller cycling, high weather temperatures resulting in operating risk to production due to loss of cooling capacity; as well as change in tariff structure mid-test. EnergiVault® has successfully delivered chiller optimisation, peak demand support and uninterruptible cooling for the site.
Stuart Munroe, Head of Facilities, at Quotient Sciences in Alnwick, said: “We’re committed to reducing our carbon footprint and energy consumption at every opportunity. Innovations such as the EnergiVault®, and engineers who are committed to change, are what our planet needs right now. This technology has helped our business in a way we didn’t foresee and has led to substantial savings.”
Watch the video case study here.
The global cold thermal energy storage (CTES) market is forecast to expand 14.1% (CAGR) to 2028. Alongside the worldwide decarbonisation targets and addressing the challenges of climate change, EnergiVault® technology is sector-agnostic and has been engineered for the global market.
About Organic Heat Exchangers
Organic Heat Exchangers is revolutionising the approach to AI-driven industrial cooling, providing global access to cool energy storage. It provides dynamic cooling technology for industrial refrigeration through its trademarked EnergiVault® technology.
The team is comprised of industry-leading engineering and refrigeration experts, including:
Bob Long, Executive Chairman: a distinguished mechanical engineer who possesses more than 45 years of experience in refrigeration and thermal energy management. Bob has established himself as an expert in refrigeration engineering, particularly in the development of innovative solutions in ice technology and industrial heat pumps. He is a Fellow of the Institute of Refrigeration, which is a testament to his expertise and contribution to the industry.
David Grundy, Finance and Commercial Director: David is a highly experienced finance expert with a career spanning 25 years as a chartered accountant at Grant Thornton. In addition to his role at EnergiVault, David has held several other key positions in various industries including non-executive director at a listed retail energy company.
Geoff Barker, Product Director: Geoff is a highly experienced having spent more than 25 years developing new heating, cooling, and local generation businesses, including thermal storage, residential heat pumps, boilers, micro CHP, and smart heating controls. Geoff’s academic qualifications include a BEng (Hons) in Mechanical Engineering from the University of Liverpool and an MSc in Engineering Management from Bristol University. He is also a Fellow of the Institution of Mechanical Engineers and a Chartered Engineer.
Dr David Kane, Software Director: an accomplished chartered engineer with an impressive track record of success in the energy industry. With a doctorate in optimisation and control of energy generation and storage systems, he has a wealth of experience in research and development, technology strategy, and commercial project delivery. David’s core expertise lies in the area of low or zero-carbon energy technologies for generation and storage, demand side response, virtual power plants, and internet of things (IoT). His dedication to developing innovative solutions has made him a highly respected and sought-after expert in the energy industry.
Find out more at www.o-hx.com
ENDS
Organic Heat Exchangers and EnergiVault® is being supported by the specialist environmental incubator and accelerator 350 PPM.
About 350 PPM
350 PPM is on a mission to reduce the amount of CO₂ in the atmosphere to 350 parts per million and reduce CO₂e (equivalent greenhouse gases) to similar levels. It operates as a central legal entity whose purpose is incubating and accelerating breakthrough environmental businesses, participating directly in the development of client companies to support success. As a result, the companies selected for its portfolio are those that can make the biggest impact on reducing the level of CO₂ per USD invested.
If you’d like further information on the companies being incubated now, please register your interest at https://350ppm.co.uk/ and follow www.linkedin.com/company/350-ppm-ltd/ for regular news updates and access to its exciting investment network.
This information and further details from Jane Maher at 350PPM
T: 07887 995 589
