Transition Economist Outlook 2023: Thermal energy storage’s role in Europe’s energy crisis

Carbon Transition Economist

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As we look ahead to 2023 and beyond, we reflect on one of the most turbulent years for energy affordability and security in recent history. The decades-long obsession with running businesses and homes on fossil fuels has now yielded calamitous consequences, not just for the planet but for our pockets too. The war in Ukraine has shifted our thinking on the ‘energy trilemma’ of energy security, affordability and sustainability. Previously, the trilemma was a competing triarchy, but we now have a convergence. What is sustainable is now cheaper, and what is secure is now sustainable. It is no longer: ‘What are the costs of net zero?’. It is instead: ‘What are the costs of not hitting net zero?’

 

Read the full feature of Christian Thiel, CEO of ENERGYNEST:

HERE

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For the paper industry as an energy-intensive sector, climate neutrality poses a particular challenge. The key to successfully decarbonising the industry is to make steam and heat production both reliable and affordable. Thermal storage systems can already be a key to mastering this balancing act.

Latest coverage of ENERGYNEST, its ThermalBattery™, current projects and high-temperature energy storage solutions.

ENERGYNEST CEO Christian Thiel talks to Andrej Orel, Director Segment City and Infrastructure at EBV Elektronik, in the "Passion for Technology" podcast about the current challenges within the energy market for the industry and possible solutions.

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