Devin Coldewey writes in TechCrunch about Modern Electron, who has recently raised $30 million in funding.
- Modern Electron is looking to decarbonize the building heating process through its thermionic converter and Modern Electron Reserve.
- The thermionic converter converts the heat produced by a furnace into electricity.
- The Electron Reserve converts natural gas it into solid graphite and hydrogen gas. The hydrogen is sent to the furnace to be burned, while the graphite sequesters CO2.
- Through these innovations Modern Electron can make a serious dent in decarbonizing buildings around the world.
“If Modern Electron’s tech becomes mainstream, and the trend away from oil and coal continues, it could make natural gas a much cleaner and more viable complement (and one already with a heavy global presence) to renewables like solar and wind.”
Read the full article here.
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