The Global Long Term Energy Storage Committee (LDES) is an organization led by CEOs of various companies, focusing on replacing fossil fuels with zero carbon long-term energy storage to meet peak demand. According to the announcement on the committee's website, since its establishment on COP26 in November 2021, the committee has welcomed 12 new members today. The organization currently has 36 member companies in various regions around the world, representing various aspects of energy transformation - including technology innovators, equipment suppliers, energy developers, utility companies, grid operators, investors, and end-users.



The LDES committee has two types of members: technical members leading long-term energy storage innovation and other foundational members (including capital providers, equipment manufacturers, low-carbon energy system integrators and developers, as well as industry and service clients). There are five basic members who joined the LDES committee this time: CorreEnergy Google、Microsoft、 Ø rsted and Sumitomo SHI FW; And seven technical members: Enervanue, Kraftblock, Kyoto Group, Magaldi, SENS, TORC Clean Energy, and VoltStorage.



The members of the committee are now spread across Australia, Canada, Europe, India, the Middle East, and the United States. The diverse perspectives and extensive experience provided by the new LDES committee members will add enormous value to the organization as it is committed to supporting governments, grid operators, and major electricity users in adopting cost-effective long-term energy storage to replace fossil fuel power generation globally.





Regarding joining the LDES committee, the new members have made the following comments:



Maud Texier, the head of clean energy at Google, said, "At Google, we know that achieving 24/7 clean energy requires improvement and diversification of our technology toolkit. We view long-term energy storage as a key pillar on the road to a carbon free future. We are pleased to be an important member of the LDES committee and will help accelerate innovation and deployment in this important field."



Sumitomo's Vice President of Strategy and Business Development for Sumitomo Energy Storage, Upma Koul, also stated, "We believe that long-term energy storage can achieve 100% renewable power systems and grids in an economical and sustainable manner while achieving global decarbonization goals. Our vision is to decarbonize the energy ecosystem to meet climate change goals."



Camilla Nilsson, Chief Financial Officer and Interim CEO of Kyoto Group, added, "We, Kyoto Group, are excited and eager to join the LDES Committee. Accelerating decarbonization of the energy system is an important and urgent task that requires knowledge sharing, collaboration, and technological development. We believe that thermal energy storage and the use of renewable thermal energy are key technologies that can achieve sustainable business based on green energy. We look forward to participating in this collaboration with key players in the LDES and renewable energy industries to achieve a future where everyone can use green energy."



"The LDES committee is rapidly establishing a unified voice in global energy discussions by helping to advance long-term energy storage policies and technologies. As the world transitions to a more distributed grid, this work is crucial. EnerVenue is proud to be part of the LDES committee in leading energy transformation, and we have the ability to support differentiation in safe, sustainable, and flexible short-term and long-term energy storage."



The technical characteristics of some newly added member companies are as follows:



Corre Energy

Focusing on the development of underground renewable energy storage facilities on the grid side, such as underground gas storage, as well as the production and sales of green hydrogen, all of which play a crucial role in decarbonization and deployment of renewable energy. These storage and hydrogen production facilities aim to provide a balanced solution for the wholesale electricity market and provide cost-effective and stable hydrogen supply to industrial customers.



EnerVenue

It is the first company to bring nickel hydrogen battery energy storage into the industrial, commercial, and grid side industries. EnerVenue's nickel hydrogen technology was initially deployed by NASA and further improved and cost reduced by Stanford University, providing remarkable value and differentiation in short-term and long-term flexible charging and discharging over 30000 cycles with minimal attenuation and no need for enhancement; Zero fire risk, ensuring reliable and safe operation; Due to the lack of reinforcement, fire suppression systems, and air conditioning systems, the operating cost is very low.



Google

In 2017, Google became the first company of its kind to achieve 100% renewable energy consumption. In order to achieve complete decarbonization, Google's goal is to achieve 24/7 carbon free energy by 2030. This means purchasing local clean energy for hourly operations, ubiquitous. Google is actively collaborating across industries to accelerate innovation in three areas: electricity procurement and consumption; Carbon free energy technology; And promote policy progress in the acquisition and adoption of clean energy.



Kraftblock

Develop and sell multifunctional high-temperature energy storage systems (up to 1300 ° C) to decarbonize industries such as steel, glass, and ceramics, while helping renewable energy achieve breakthroughs in industrial heating systems. Our core unit TES itself is modular, easy to scale, efficient, and reasonably priced. Kraftblock is located in Surzbach/Saar, Germany.



Kyoto Group

The goal of Kyoto Group is to obtain and manage abundant energy from renewable energy sources such as solar and wind energy, and apply them to reduce industrial carbon dioxide emissions. Kyoto Group plans to lease, operate, and sell a 5MW molten salt based Heattube thermal battery, achieving low-cost industrial consumption of renewable energy by decoupling the time from production to use as thermal energy.



Magaldi Group

An Italian company with nearly 100 years of history and experience in high-temperature material transportation systems. Magaldi Green Energy, a member of the Magaldi Group, will focus on energy transformation through its patented STEM focused solar thermal and MGTES technology, using its fluidized sand bed for charging and discharging energy. The advantages of sand fluidization system include large heat storage capacity, high thermal efficiency, fast response time, and 100% compliance with ESG standards due to the use of natural materials.



Microsoft

Microsoft's mission is to enable everyone and every organization on Earth to achieve greater success. Since 2012, the company has been achieving carbon neutrality globally and has committed to achieving negative carbon emissions by 2030. The company's goal is to promote sustainable development and low-carbon business practices globally through sustainable business practices and support for cloud technology.



Ø rsted

The company's vision is a world that operates entirely on green energy. Ø rsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy power plants, and provides energy products to its customers. Ø rsted was named the world's most sustainable energy company in Corporate Knights' 2022 Global 100 Most Sustainable Enterprises Index and is recognized as a global leader in climate action on the CDP Climate Change A List. Ø rsted is headquartered in Denmark and has 6672 employees.



SENS

Provide innovative resource efficient solutions for large-scale, long-term power and heat storage. As the owner of pumped storage, SENS aims to become the world's first company to use validated and efficient pumped storage technology, and to build pumped storage based on underground mine caverns in a flexible environment. This will minimize the impact on the environment and enable construction in previously impossible areas. SENS has a broad background in the wind and solar energy industries, with operations in Nordic, Baltic, Poland, South Africa, and other regions, and has received support from the European Union through its Life project.



Sumitomo SHI FW

Sumitomo Japan has been providing customers with innovative and environmentally friendly energy solutions for over 100 years. The company's mission is to achieve the transition from energy to a carbon free future through decarbonization, decentralization, and digitization. The solution extends from world leading circulating fluidized bed (CFB) technology to long-term energy storage (LDES), waste to energy (W2E), waste to value (W2V), carbon capture, and digital services for the global electricity and industrial markets. Through co creation, partnerships, and ecosystem collaboration, Sumitomo aims to accelerate decarbonization and create more value for our customers. Sumitomo is a global energy expert with over 1800 talented employees located in multiple locations, covering North America, Europe, and Asia worldwide.



TORC Clean Energy

TORC's new low-temperature, low-cost, high-efficiency, long-life, scalable, and easily deployable thermal battery is an ideal solution for distributed zero emission power generation. Heat pump charging, ORC generator discharge (using universal working fluid), and high-energy density PCM storage are stored in an integrated containerized packaging, with storage capacity that can be independently expanded into charging/discharging capacity, achieving leading electricity costs. This solution can be specific to electricity applications or a combination of electricity and heat generation and/or consumption. It supports a long service life at low temperatures and is very suitable for many hot application scenarios. TORC has cross-border channel partners in the C&I (commercial and industrial) and mining sectors for the initial deployment of this technology.



VoltStorage

A technological pioneer in the rapid development of flow batteries for long-term energy storage applications located in Munich, Germany. Since 2016, the company has been developing and producing energy storage systems based on ecological redox technology. Thanks to mature vanadium redox flow technology and newly developed low-cost iron salt battery technology, the company can provide cost-effective solutions to meet the long-term storage needs of commercial, industrial, and grid scale sectors. With the professional knowledge, production capacity, and experience in operating the world's largest liquid flow battery fleet, the company is striving to achieve a vision of providing renewable energy 24/7.





ZH Energy Storage Company will hold a course on long-term energy storage market and technology analysis in the near future. Interested parties can add the company's official WeChat account for consultation.





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Author and Company Profile:

Dr. Xie Wei, co-founder and chief scientist of ZH Energy Storage, holds a Bachelor's and Master's degree in Materials from Tsinghua University, and a Ph.D. in Chemical Engineering from the University of Texas at Austin. He has served as a Senior R&D Engineer at United Technologies and Chief R&D Scientist at Form Energy, a startup in Boston. With over ten years of experience in liquid flow battery product development, he was responsible for the all vanadium liquid flow battery project, which won the 2013 US 100 R&D Award. I have published nearly 20 SCI papers, obtained over 20 international invention patents and applications, and served as a reviewer for multiple high impact factor journals.



Relying on the industry experience and outstanding research and development capabilities accumulated by its founder Dr. Xie Wei in the energy storage field, ZH Energy Storage Company will launch mature liquid flow battery products to meet the market demand for large-scale long-term energy storage (discharge time greater than 4 hours) and achieve economic applicability. The company's long-term goal is to build a world leading liquid flow battery technology platform, communicate upstream and downstream industrial chains, reduce the cost of liquid flow battery systems through large-scale production, and become a leading enterprise in the field of long-term energy storage.