Organic Heat Exchangers, a UK-based company, has introduced EnergiVault, a groundbreaking cold thermal energy storage battery and charger system designed for industrial refrigeration. This advanced, AI-driven technology aims to boost operational resilience, reduce energy costs, and decrease carbon emissions for facilities using water chillers.
EnergiVault stands out in the market for its rapid and flexible discharge capabilities, addressing rising climatic temperatures with effective thermal storage solutions. The technology's first commercial installation is at Quotient Sciences in Alnwick, which utilizes the system to optimize chiller performance, support peak demand, and ensure uninterrupted cooling.
The global cold thermal energy storage market is projected to grow significantly by 2028. EnergiVault is engineered to meet decarbonization goals and tackle climate change challenges, offering a versatile solution across sectors worldwide. Organic Heat Exchangers is leading the transformation of industrial cooling with this innovative technology.