2024 Local weather Tech Corporations to Watch: Rondo Power and its scorching bricks

Amongst startups attempting to commercialize zero-emissions warmth batteries, Rondo stands out for its easy method. Opponents’ warmth batteries typically contain some type of new method or engineered materials that’s just a few steps away from any present industrial expertise. However the heat-resistant bricks inside a Rondo warmth battery are just like these which were utilized in high-temperature steelmaking for over a century, that means they’re already produced cheaply and at industrial scales. That gross sales pitch is resonating with traders, who’ve poured $85 million into the startup over the previous two years.


Key indicators

  • Business: Power storage 
  • Based: 2020
  • Headquarters: Alameda, California, USA
  • Notable reality: The corporate’s identify pays homage to the musical time period for a sort of composition with a recurring theme. Cofounders John O’Donnell and Pete von Behrens beforehand labored in concentrating photo voltaic thermal energy; Rondo is their second enterprise into thermal storage.

Potential for impression

Industrial manufacturing of stuff, from clothes and meals to cement and fertilizer, is liable for a couple of third of world greenhouse-gas emissions. Most of these emissions come from burning fossil fuels to generate warmth in factories. If Rondo’s warmth batteries show cost-competitive at scale, they may assist remove billions of tons of carbon emissions that may in any other case enter the ambiance annually.

Caveats 

Whereas heat-resistant bricks are a confirmed industrial expertise, utilizing them as zero-emissions warmth batteries would require constructing extra wind and photo voltaic crops to generate large quantities of low cost renewable vitality. Electrical energy reforms would even be wanted in lots of components of the US to make warmth batteries cost-competitive with different types of industrial warmth. These may embody permitting warmth battery customers to buy low cost wholesale energy from the grid throughout occasions of the day when renewable vitality is plentiful—one thing that isn’t potential immediately in jurisdictions that solely promote energy to industries at a hard and fast every day charge.