"NOC has developed a form of electric heating that can bolt onto existing fossil fuel-fired facilities. Heat from its system can be piped into a glass kiln or various parts of the cement production process."
"NOC's system can store heat for hours on end, allowing companies to use more electricity when the price is cheap - like when the wind is howling or the sun is beating down - and draw on the stored heat when the price spikes."
"Most companies are willing to electrify, but they don't want to get rid of fossil fuels yet. In the energy transition, they want to have the opportunity to choose the lowest cost."
NOC Energy has created a system that integrates electric heating into existing fossil fuel-fired cement and glass plants. This hybrid approach allows companies to save costs while reducing fossil fuel dependency. The system can deliver high temperatures, essential for industrial processes, and can store heat for later use. NOC recently secured $2.7 million in funding to further develop its technology, which offers flexibility in energy sourcing based on electricity prices. The startup aims to facilitate the energy transition for industrial sectors.
#hybrid-technology #electric-heating #industrial-processes #energy-transition #sustainable-manufacturing
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