Rondo CEO Eric Trusiewicz sat down with Boston Consulting Group (BCG)'s Cornelius Pieper to discuss how heat batteries are unlocking a $3.5 trillion dollar infrastructure opportunity to rapidly decarbonize some of the world's most difficult-to-abate sectors. Rondo recently announced $75M project financing for 3 heat battery deployments for industrial leaders across 3 European countries, with the support of European Investment Bank (EIB) and Breakthrough Energy Catalyst. Watch the interview here:
Managing Director and Senior Partner at Boston Consulting Group, Global Leader Climate & Sustainability in Industrials
For industrial processes with high heat requirements – ranging from fuel production to food processing, cement production and chemical refining – making a switch to sustainable fuels or high-load electrification is essential to decarbonization, and technologies for optimizing heat and power will be needed to manage costs and emissions. Until recently, intermittent renewable power has struggled to provide reliable 24/7 medium/high-temperature power needed by industry. Rondo Energy is tackling that problem with modular, scalable heat batteries. Rondo will be building full scale?infrastructure for industrial decarbonization in 2025 in 3 European countries with the support of EIB and Breakthrough Energy Catalyst, taking a big step forward in scaling this technology. Accelerating the development and deployment of key low emission technologies is critical to put the industrial sector on a net-zero emissions scenario trajectory. Recently I caught up with Eric Trusiewicz to share some of the critical factors for green tech start-ups to effectively move forward on the scale curve. And it was yet another reminder that low-carbon technologies are advancing non-linearly. It takes a while to reach commercial readiness, and then adoption accelerates. It's new, until it isn't.
President/CEO
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