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Categories
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Energy, Financial Services
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Location
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Wantage, United Kingdom
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No. Investors
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359
Company Description
EnergyNetiQ’s zero-carbon Energy Cell, developed over the last 3 years, has been shown to be able to release more energy (as heat) than was added to the water (as electricity).
The cell, which uses only tap water and an electric charge, has shown internally an in/out ratio of over 3 times energy output from 1 energy input*. We believe that by eliminating inefficiencies, it should be possible to increase ratio to over 5x in the next 6–12 months.
EnergyNetiQ has an initial patent pending and plans to file more. The technology has also been independently verified by a university professor with well-established expertise in the field – who measured a ratio of up to 1.8x in December 2020, after seeing the unit’s insulation removed.*
The prototype has a small footprint which can deliver high-temperature and high-pressure steam output. This could lead to applications across almost all energy sectors – including transport, housing, commercial heat, cooling and electricity generation.
*based on internal tests performed by EnergyNetiQ
Monetisation strategy
The system aims to produce heat and cold at high pressures for systems operating in major markets, initially in the UK. We have started the process of introducing the system to mainstream manufacturers and energy suppliers. There is a need for solutions to help the UK (and other countries) decarbonise heat, cooling and transport across the domestic and industrial markets.
The earliest sources of revenue for the Company are expected to be:
- Licensing agreements and partnerships with existing industry leaders
- Direct targeting of the Domestic Heat market
- Deployment of simple heating and cooling in the computing industry.
- Heating and gasification for agriculture.
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Key Deal Facts
Our Energy Cell uses and produces no carbon, It produces three times as much heat output as electricity input*, Our team is highly experienced in engineering and energy, We could help decarbonise most commercial energy markets