5 Top Emerging Thermal Energy Storage Startups Impacting The Industry
Source: · STARTUS - INSIGHTS · | September, 2020
We analyzed 243 thermal energy storage startups impacting the industry. Hocosto, Nostromo, Malta Inc, Inficold & Stash Energy develop 5 top solutions to watch out for. Learn more in our Global Startup Heat Map!
Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on solutions for the energy sector. As there is a large number of startups working on a wide variety of solutions, we decided to share our insights with you. This time, we are taking a look at 5 promising thermal energy storage startups.
Heat Map: 5 Top Thermal Energy Storage Startups
Using our StartUs Insights Platform, covering 1.116.000+ startups & emerging companies, we looked at innovation in the field of energy storage. For this research, we identified 243 relevant solutions and picked 5 to showcase below. These companies were chosen based on a data-driven startup scouting approach, taking into account factors such as location, founding year, and technology among others. Depending on your specific criteria, the top picks might look entirely different.
The Global Startup Heat Map below highlights 5 startups & emerging companies developing innovative thermal energy storage solutions. Moreover, the Heat Map reveals regions that observe a high startup activity and illustrates the geographic distribution of all 243 companies we analyzed for this specific topic.
Stash Energy – Smart Home Energy Storage
In many home electrical systems, heating and cooling consume over half of the energy utilization. As more homes switch to renewable sources, the problems with current energy storage and generation methods become more visible. The cumulative effects of these problems create more challenges than it solves. Improvements in smart home devices and the smart home ecosystem allow energy storage developers to integrate smart storage systems for improving energy efficiency.
Canadian startup Stash Energy develops an air-to-air heat pump with an integrated electric thermal storage. The system harvests energy during off-peak hours and uses it to provide heating or cooling during peak hours. This method reduces the burden on the electric grid and also allows for greater savings in electricity bills.