ENERGYNEST

A resilient and eco-friendly energy supply is a top priority today, especially considering the profound impact of energy consumption on carbon footprints. Nowhere is this truer than in the industrial sector, which produces approximately 25 percent of global CO2 emissions. Faced with stringent regulations aimed at boosting energy efficiency and reducing carbon footprints, many facilities confront a critical question:

How can we simultaneously decrease power consumption and transition from conventional fossil fuel-driven heat and power generation?

ENERGYNEST answers this dilemma by offering market-proven green energy storage solutions that allow clients to embrace green energy and heat supply and reduce their dependence on fossil fuels. Its mission is to aid the global industrial sector in realizing carbon neutrality and achieving net-zero emissions.

Recognizing that historical reliance on cheap fossil fuels, skewed taxation, and high grid fees hinder the transition to cleaner alternatives, ENEREGYNEST provides an energy storage technology that allows its customers to overcome these hurdles with a consistent supply of green energy and/or heat. Central to this competency is ensuring constant access to renewables by storing surplus energy and using it when availability is low.

“The era of questioning the potential of energy storage technologies has passed; we must now confront the challenge of aligning regulations and economics to empower this pivotal transformation,” says Dr. Christian Thiel, CEO of ENERGYNEST. “By empowering industrial stakeholders to harness the advantages of 24/7 renewable energy, which is economically superior to fossil fuels, we become a critical enabler of this movement.”

Leveraging vast thermal storage expertise, ENERGYNEST serves a wide range of clients, from industry giants to agile family-owned enterprises across the oil & gas, agriculture, chemical, and pharmaceutical domains, among other markets. Its notable clients, who have already been provided with ENERGYNEST systems, are Yara, a fertilizer producer; Avery Denison, a US Fortune 500 materials science company; and Eni, an Italian energy giant.

When engaging clients, it performs a rigorous feasibility assessment to evaluate their technical compatibility and economic viability. This step, acting as a litmus test for progress, allows the company to confirm their ‘techno-economic fit,’ which is crucial to developing a customized energy solution.

A fusion of unmatched simplicity, patented uniqueness, and proprietary trade secrets collectively leads the company to develop and deliver transformative solutions. This, combined with its vast knowledge and experience gained from executing projects for commercial customers, positions ENERGYNEST as an unrivaled global leader in thermal storage. It supports energy infrastructure projects worldwide, offering clients clear decarbonisation pathways. The diverse team comprising professionals with various nationalities and language proficiencies is also pivotal in deepening its grasp of local markets and fueling international growth.

Further strengthening ENERGYNEST’s market position is its robust financials, which provide added convenience for clients through financing opportunities. Handling end-to-end project management, it offers turnkey solutions and allows clients to explore viable financing options, eliminating upfront costs and driving long-term contracts for heat- or steam-as-a-service. Its team also explores incentives like CO2 reduction premiums or grants to further improve the capital foundation of a project. Many positive testimonials validate its track record of success in helping projects transition from pilot phases to full commercial deployment.

A standout example highlighting ENERGYNEST’s proficiency is the Yara Project in Norway’s Heroya industrial park. Since its launch in January 2023, the facility has effectively operated through nearly 4,000 storage cycles, achieving impressive energy savings of up to 13 gigawatt hours while reducing CO2 emissions by almost 6,000 tons per year, using innovative storage technology. Seamlessly integrated into a chemical steam grid, the Yara project stands as its pioneering commercial-grade project that delivers tangible results.

Currently managing larger projects for optimizing production cycles across Europe, ENERGYNEST’s trajectory is geared towards playing a crucial role in driving the bloc’s industrial decarbonization.