EnergyIntel, a pioneer in renewable energy solutions, is introducing its cutting-edge Electron Thermal Energy Storage (TES) technology to transform the industrial energy sector in Cyprus. Our innovative approach to high-temperature energy storage promises substantial cost savings, improved energy efficiency, and a significant reduction in reliance on fossil fuels. By leveraging excess renewable electricity, EnergyIntel’s Electron TES can help industries reduce energy costs by up to 150% compared to conventional fossil fuel-based process heat systems.
At EnergyIntel, we understand the challenges industries face in securing stable and cost-effective energy solutions. Cyprus, like many other regions, struggles with high energy prices and grid congestion, which limit the full potential of renewable energy integration. Our Electron TES system provides a scalable, efficient, and low-carbon solution by converting surplus renewable electricity into high-temperature thermal energy, which can be stored and used when needed. This ensures round-the-clock availability of clean energy, particularly for industries requiring high-temperature heat, such as manufacturing, food processing, and chemical industries.
A Game-Changer for Cyprus’s Energy Transition
Cyprus’s energy landscape is evolving, with a strong push towards decarbonization and grid stabilization. The government’s €35 million energy storage support scheme, designed to deploy 150MW/350MWh of energy storage, highlights the country’s commitment to reducing electricity costs and increasing the share of renewables. EnergyIntel’s Electron TES aligns perfectly with this vision, providing an innovative storage solution that enhances grid flexibility, minimizes renewable energy curtailment, and reduces reliance on imported fossil fuels.
“The energy transition in Cyprus is at a critical juncture, and EnergyIntel is ready to support industries in reducing their energy costs while improving sustainability,” said Marios Alexandrou, COO & Co-Founder of EnergyIntel. “Our Electron TES solution is a powerful alternative to fossil fuels, allowing industries to tap into renewable energy even when the sun isn’t shining. By utilizing stored thermal energy, businesses can achieve significant operational savings while reducing their carbon footprint.”
Proven Technology – Tested and Validated at Khalifa University
EnergyIntel’s Electron Thermal Energy Storage has already been tested and validated at Khalifa University’s research facilities in the Masdar Institute Solar Platform (MISP) in Abu Dhabi. During extensive trials, the system achieved an operational availability of over 95%, demonstrating its reliability, efficiency, and real-world applicability in high-temperature industrial environments.
Khalifa University, a globally recognized institution for cutting-edge energy research, has played a pivotal role in assessing and refining EnergyIntel’s TES technology. The successful deployment and validation of Electron TES at Khalifa University confirm its readiness for large-scale industrial adoption, positioning it as a leading solution for decarbonizing heat-intensive industries.
Why EnergyIntel’s Electron TES is the Future
- High-Temperature Storage: The Electron TES system can store heat up to 600°C, making it ideal for a wide range of industrial applications.
- Cost Savings: With the ability to store cheap or excess renewable electricity, businesses can avoid peak energy prices, reducing overall operational costs.
- Grid Stability: By storing excess renewable energy and releasing it as needed, Electron TES helps alleviate grid congestion and ensures energy reliability.
- Decarbonization at Scale: Cyprus’s industries can now transition away from fossil fuel-based heat sources with a proven, scalable, and sustainable solution.
The Future of Energy is Here
EnergyIntel’s Electron Thermal Energy Storage is not just a technology; it is a pathway to energy independence and sustainability for Cyprus. As we continue to expand our operations, we invite industries, policymakers, and investors to join us in building a more resilient, cost-effective, and low-carbon energy future.