ImpactAlpha, December 7 – Copenhagen-based nuclear startup Seaborg Technologies, which is developing molten salt reactors as part of a new wave of nuclear technology, discovered a way to use the thermal technology to store wind and solar power.
“We can more than halve the cost of thermal energy storage in one go,” said Seaborg co-founder Ask Emil Løvschall-Jensen. Seaborg this month spun-off Hyme to develop the technology.
Hyme’s early funding round was backed by Heartland A/S, the investment arm of Danish billionaire Anders Holch Povlsen. It will use the capital to build a pilot facility.