Catalysing the Global Opportunity for Electrothermal Energy Storage

14th February,2024 Download

Electrifying industrial heat is critical for decarbonization and can increase energy security. Electrothermal energy storage (ETES) is a new, commercially-available technology to electrify heat in industry and other sectors. 

A report by Systemiq, developed with the support of Breakthrough Energy, shows how with a few targeted actions, regulators and policy makers can accelerate the adoption of ETES, promising new technologies for building low-carbon, competitive and resilient energy systems. By mid-century, ETES could displace the equivalent of ~30%–40% of current global gas use and abate up to 14% of today’s energy related GHG emissions.  Actions of stakeholders, including technology providers and industry end users, will ensure that this scale-up is underway by 2030, and potentially without requiring subsidies.

ETES can shore up the competitiveness of local industry and reduce dependence on natural gas, by replacing natural gas (or coal or oil) consumption with the cheapest hours of locally-generated renewable electricity. Countries could benefit from ETES in providing heat produced from renewable electricity for key industries such as food and beverage, textiles and chemicals. 

ETES brings additional benefits for the electricity system in facilitating more renewable generation to come online and lower grid investments through its ability to store electricity in the form of heat. ETES technologies can have local supply chains as no scarce materials are required. ETES systems are already operating across sites in Europe and the United States.

Read the Executive summary or download the full report below. The Country Action Plans for Denmark, France, Germany, the Netherlands, the United Kingdom, Spain and the Texas ERCOT region in the United States and the Technical Appendix will be published on this webpage soon.

Similar Publications

23rd June, 2025

Artificial Intelligence (AI) can play a powerful role in supporting climate action while boosting sustainable and inclusive economic growth. However, limited research exists on the potential influence of AI on…

18th June, 2025

Ports are central to unlocking the offshore wind opportunity in emerging markets. This report explores how strategic co-ordination is essential to unlock investment into these offshore wind ports. Offshore wind…

9th June, 2025

Discover how marine biotechnology, clean energy and carbon removal can unlock regenerative value in the deep ocean in this new Systemiq study. Explore new financing models to scale innovation and protect our planet’s largest ecosystem.

 
Divider

Sign up for systemiq updates

News about our projects and insights from our experts.








    I’m also interested in