Element 16 Technologies, Inc.
Opportunity: Industrial process heat is required for food processing. Heat accounts for 70% of US manufacturing energy use, most of which between 100–350°C
Problem: Solar PV and solar thermal have started to compete with fossil fuels on cost but are not available 24-hours
Invention: Heat storage using an oil refining byproduct, sulfur, as the storage media
Solution: By inventing a 75% lower cost heat storage for industrial process heat, we allow renewables to compete with fossil fuels on cost
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