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- Energy storage company 1414 Degrees (14D) has been unable to receive approval for its gas-fired thermal energy storage system (GAS-TESS) at the Glenelg Wastewater Treatment Plant in SA
- GAS-TESS is the world’s first biogas storage system, which generates heat and electricity
- South Australia Water (SA Water) first approached the company to develop a thermal energy storage system, which is charges with gas rather than electricity
- However, it was SA Water that evaluated the process submitted by 14D and ultimately chose not to give it the tick of approval
- l414 Degrees will now work with SA Water on a plan to improve and progress the development of the storage system
- On this news, 1414 Degrees is down 22.4 per cent and is selling shares for 6.6 cents each
Energy storage company 1414 Degrees (14D) has been unable to receive approval for its gas-fired thermal energy storage system (GAS-TESS) at the Glenelg Wastewater Treatment Plant in SA.
GAS-TESS is the world’s first biogas storage system, which generates heat and electricity. South Australia Water (SA Water) first approached the company to develop a thermal energy storage system, which is charged with gas rather than electricity.
However, it was SA Water that evaluated the process submitted by 14D and ultimately chose not to give it the tick of approval.
A by-product of wastewater treatment process is biogas, which is an economical renewable energy source. But there are challenges with the gas storage in this process.
Glenelg is a sewage treatment plant in South Australia and serves 200,000 people in the south-west.
1414 Degrees will now work with SA Water on a plan to improve and progress the development of the storage system and will continue to discuss the commercialisation of its wastewater treatment facilities.
On this news, 1414 Degrees is down 22.4 per cent and is selling shares for 6.6 cents each at 1:06 pm AEST.
