Can Energy Vault’s System Solve Our Storage Problems?

We’ve got billions in the pot for renewables. The technology is there for wind, solar, hydrogen and nuclear, but there’s still a significant hurdle to overcome: the issue of storage.    Energy Vault is a company exploring innovative solutions to this problem. Using the science behind pumped hydro as inspiration, they created a gravity and kinetic-energy based system around massive composite blocks. Excess renewable energy lifts the blocks, then when the energy is needed again, it drops them and converts the kinetic energy into electricity.    The main problem with the grid is that it is designed as a ‘pre-generation’ storage solution, in that we simply convert fuel into energy. Post-generation storage, where we actual store the electricity, is lacking. The grid needs upgrading, and Energy Vault’s system is one solution.   On the Interchange: Recharged, we are joined by Co-Founder and CEO Rob Piconi. Rob believes that the biggest step we need to take to decarbonise is solving our storage problems.    The discussion explores the technology behind Energy Vault, the every-present issue of the supply chain, and the future of investment for the company.   Follow @InterchangeShow and subscribe so you don’t miss an episode. View the landing page to find all episodes of The Interchange Recharged.  See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Om Podcasten

Clean tech, green finance and energy innovation are the three lanes on the road to a successful global energy transition. At the intersection of these lanes is a place where ideas on finance, technology and policy are shared and debated. That intersection is Interchange Recharged.  Sylvia Leyva Martinez, principal analyst at Wood Mackenzie, invites visionaries, entrepreneurs, policy-makers and energy analysts to explore the newest developments in renewable technology, explain the ideas on global energy policy that could accelerate the energy transition, and identify new funding and financial models that could solve the biggest challenges we face on the way to net zero.  Sylvia and her guests bring you data and forecasts on clean technology, climate science, and offer predictions on the build out of utility-scale projects and the future of green finance. What impacts do the annual UN Conference of the Parties have on decarbonisation goals and climate change? What will COP30 bring? What’s happening in global EV adoption and development? What’s the forecast for solar energy, one of the major success stories of renewable energy in the last ten years? What does the data tell us about the future of hydrogen, of nuclear, or of low-carbon power?  These are examples of the insights and detailed analyses you can expect bi-weekly on Tuesdays at 7am ET.  If you like The Energy Transition Show, Catalyst with Shayle Kann, The Big Switch from Columbia University, Open Circuit with Stephen Lacey or The Green Blueprint, you’ll enjoy Interchange Recharged.  Want to get involved with the show? Reach out to podcasts@woodmac.com to: Bring Sylvia and Interchange Recharged to your event Be a guest on the show  Sponsor an episode Ask a question to Sylvia or one of our guests  Check out another leading clean tech global podcast by Wood Mackenzie, Energy Gang, at woodmac.com/podcasts/the-energy-gang Wood Mackenzie is the leading global data and analytics solutions provider for renewables, energy and natural resources. Learn more about Wood Mackenzie on the official website: https://www.woodmac.com/