Natasha Lomas of TechCrunch reports on Energy Dome, which has raised $44 million for its CO2 battery.
- Energy Dome’s CO2 battery works in a closed-loop cycle and transforms carbon dioxide from gas to liquid and back to gas to generate heat–which is then stored or sent to the power grid.
- The company claims that 75% of each unit of renewable energy that is stored in the system can be used for later usage.
- Energy Dome’s system also does not require lithium to function, which makes could be especially important as global demand for lithium–and its cost–increases.
Read the full article here.