ENERGYNEST is a thermal energy storage company founded in 2011 by Professor Pål Bergan and Øivind Resch. The company is headquartered in Billingstad, Norway. Other branches are located in Hamburg, Seville, Madrid and Rotterdam.
The company manufactures industrial scale thermal energy storage systems. The thermal battery is designed to store energy in the form of heat and release it as process heat or steam when needed.[1] The use of thermal energy storage enables the decoupling of energy production and energy consumption – and therefore flexible energy use.[2][3]
The pilot facility project in Masdar City (Abu Dhabi), in cooperation with the Masdar Institute of Science & Technology was completed in 2015, which was continued for improvement until 2017.[4]
The first industrial project started in September 2019, where the company has supplied thermal batteries for the Italian energy company