Technical FAQs 4

What is a high temperature storage material?

The main technological innovation of the company relies on the developed high temperature storage material in the form of purposely produced pellets or bricks, with high heat capacity and thermal conductivity.

What is the demand for energy storage?

According to the US energy agency for innovation ARPA-E , the demand for energy storage and its longer duration fast accelerates at 60–70 % renewable electricity penetration.

Is Malta Iberia Pumped heat energy storage pursuing a 100 mw – 1 GWh energy storage facility?

In 2022, Malta Iberia Pumped Heat Electricity Storage S.L.U. has been awarded an Innovation Fund Project Development Assistance Agreement by the European Commission and the European Investment Bank to pursue a 100 MW – 1 GWh energy storage facility in Spain.

Why is thermal storage important in the heating industry?

In the heating sector, characterized by demand seasonality of the residential demand, or batch processes of the industrial demand, the thermal storage with proper duration is a key technology to decouple energy supply and demand, and accommodate their temporal mismatches.

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