Organic Heat Exchangers has launched EnergiVault, a cold thermal energy storage battery and charger system which provides dynamic cooling power for industrial refrigeration.
The first-of-its-kind, AI-driven technology has been developed to enhance operational resilience, reduce energy costs and lower carbon emissions for facilities that use water chillers.
Executive chair and Fellow of the Institute of Refrigeration, Bob Long, said the technology is reshaping the landscape of industrial cooling.
He said EnergiVault is poised to be one of the fastest-growing global industrial brands during the next three years.
“The technology has huge potential in the global marketplace where climatic temperatures continue to rise, and its rapid and flexible discharge capabilities make it the best thermal storage system in the market,” Long said.
The world’s first commercial installation of EnergiVault is now operational at Quotient Sciences, a drug development and pharmaceutical manufacturer in Alnwick, Northumberland (UK).
This particular site was selected due to several key characteristics.
For example, it has two 240kW chillers supporting temperatures of 5-15֯C; annual electricity consumption on refrigeration of 250MWh and pinch points arising from chiller cycling, high weather temperatures resulting in operating risk to production due to loss of cooling capacity, as well as change in tariff structure mid-test.
EnergiVault has successfully delivered chiller optimisation, peak demand support and uninterruptible cooling for the site.
Head of Facilities, at Quotient Sciences, Stuart Munroe, said the company is committed to reducing its carbon footprint and energy consumption at every opportunity.
“Innovations such as the EnergiVault, and engineers who are committed to change, are what our planet needs right now,” he said.
“This technology has helped our business in a way we didn’t foresee and has led to substantial savings.”
The global cold thermal energy storage (CTES) market is forecast to expand 14.1% (CAGR) to 2028.
Alongside the worldwide decarbonisation targets and addressing the challenges of climate change, EnergiVault technology is sector-agnostic and has been engineered for the global market.