MGA Thermal joins LDES Council
MGA Thermal is pleased to announce we have become a member of the Long Duration Energy Storage Council (LDES Council), a global executive-led organisation focused on replacing the use of fossil fuels to meet energy demand with zero-carbon long duration energy storage.
MGA Thermal is joining the LDES Council alongside five other new members, which represent a mix of LDES technologies targeting decarbonization of both power and heat, continue to build momentum for the LDES Council in developing a membership with diverse perspectives and a broad range of expertise.
The LDES Council now has over 50 diverse companies in regions across the world representing the full energy value chain – including technology innovators, equipment providers, renewable energy companies, utilities, investors and end-users.
The Executive Director of the LDES Council, Julia Souder said, “Our growing membership is an indication that the Council’s work is moving forward and more important than ever to our goal of a decarbonised world with long duration energy storage at the epicentre. As we look at a system wide approach where LDES provides both heat and power flexibility, the broad perspective of our global experts support the acceleration and rapid deployment of long duration energy storage.”
MGA Thermal’s CTO, Founder and LDES Council representative, Alexander Post says “Thermal energy storage is emerging as a key technology in the mix required to achieve stable and reliable power supply from intermittent renewable sources, particularly in applications where storage is required over medium to long durations (days to weeks rather than minutes to hours). The Long Duration Energy Storage Council serves the vital role of benchmarking the various technologies on offer and informing the public. MGA Thermal is thrilled to join the council and look forward to helping support the ecosystem.”
Read the LDES Council’s release in full.
About the LDES Council
The LDES Council is a global, executive-led non-profit membership organisation, comprising technology providers, equipment providers, renewable energy companies, utilities, grid operators, investors and end-consumers. It strives to accelerate decarbonisation of the energy system at lowest cost to society by driving innovation, commercialisation and deployment of long duration energy storage. The LDES Council provides fact-based guidance and information to governments, industry and broader society, drawing from the experience of its members which include leading energy companies, technology providers, investors and end-users.
The Council recently launched two research reports. One on 24/7 Clean Power Purchase Agreements (PPAs) and one on regulatory and policy options.
To learn more: www.ldescouncil.com.
