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Concerning:
> The engineer explains that Energy Dome does not want to build projects itself.
> โWe donโt have the capability to grow as fast as the market requires,โ he says. โSo our model is to license the technology to EPC companies or IPPs, utilities, the final user, because that is the best way for us to expand geographically and by sector.
They are so confident in the economics of this tech that they'd rather someone else invest in it. How generous and not at all suspicious.
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Edit: They claim 75-80%. Is that realistic?
Edit: Does this include the assumption that the compression heat can be used? โThe heat is then extracted and stored in โbricksโ made of steel shot and quartzite for later use, cooling down the CO2 to an ambient temperature.โ
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The ability of higher efficiency technologies to perform many more profitable trades in a given year has a significant impact on ROI.
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It was previously proposed at Lawerence Livermore.[2] It was apparently tried in China in 2016, at least at pilot plant stage.
It's an obvious idea. There's been lots of interest in compressed air storage, and compressed CO2 storage is in some ways easier, because you can liquify it easily. So why hasn't this come up much before?
[1] https://sco2.eu/fileadmin/user_upload/presentations/2021/Man...
[2] https://www.forbes.com/sites/jeffmcmahon/2017/03/26/how-capt...