MGTES: the most groundbreaking LDES solution for green power and industry decarbonization

24 January 2022

MGTES: the most groundbreaking LDES solution for green power and industry decarbonization

Supporting the deployment of Long Duration Energy Storage, the LDES Council can contribute to achieve net-zero emissions by 2040 and limit the rise in global temperatures to 1,5° Celsius, promoting global decarbonitazion and driving innovation in the power and industrial sector.

Energy storage technologies represented by the LDES Council – a CEO-led organization set up by McKinsey - includes mechanical, electrochemical, chemical and thermal storage technologies, all crucial for a real transition to 100% renewables. 

As Technology Providers of LDES Council, Magaldi Green Energy – Italian startup of Magaldi Power – innovates on thermal technologies, energy stored through heating for later release of electricity and green heat.

Among LDES solutions for power and industrial sector, the most groundbreaking is MGTES, a thermal energy storage technology based on a fluidized bed of solid particles of sand, capable of absorbing both heat and electricity at the input and release it on demand.

In a future world supported more than 50% by renewable energies – says Letizia Magaldi, Executive Vice President of Magaldi Green Energy - the energy system would count on wind, photovoltaic, csp and different energy storage systems - complementary and not in competition with each other - such as hydroelectric, electrochemical and thermal storage solutions. The latter are particularly low cost and innovative: thermal energy batteries can accumulate energy up to over 150 hours to build a more robust decarbonization path and produce green heat to help industry decarbonization”.

According to LDES Council Report - authoritative analysis of long duration energy storage based on data and research provided by council members – over 260 LDES projects have been announced worldwide at different commercial stages and thermal LDES accounts for the largest share of the total announced capacity (60 percent), attributable primarily to a number of molten salt storage facilities for concentrated solar power (CSP) in the megawatt (MW) scale.

Discover more here

News and Events

Empowering Renewable Energy Communities in Industrial Areas: Letizia Magaldi's speech at Symbola seminar.

17 July 2023

‘Le Comunità Energetiche – Insieme contro la crisi’ meeting took place during the 21st summer seminar of the Symbola Foundation. The seminar was an opportunity for Letizia Magaldi, Executive Vice President of Magaldi Green Energy, to talk about the potential of renewable energy communities for industries, counting on TES - Thermal Energy Storage solutions and Renewable Energy Communities (RECs) to benefit the public and the community.

Read More

News and Events

Total Renewable Energy is a tale of a decarbonized world, empowered by AI and supported by energy storage technologies

06 July 2023

"Total Renewable Energy: A Tale of a Decarbonized World, empowered by Artificial Intelligence" is the title of the first novel about energy transition during global warming escalation by Massimiliano Masi, General Manager for Magaldi Green Energy, spreading Magaldi solar and TES - Thermal Energy Storage - technologies worldwide.

Read More

News and Events

Enel X and Magaldi Group join forces to decarbonize industrial processes

29 March 2023

Enel X, the Enel Group’s company active in the areas of energy supply and efficiency, and Magaldi Group, a world leader in the field of ultra-high temperature material handling, which specializes in developing technologies that can be used to produce and store clean energy, presented this morning their collaboration on the ground-breaking MGTES - Magaldi Green Thermal Energy Storage system, patented by Magaldi.

Read More

News and Events

“Talking to the future” at SACE Map of Risks 2023

07 February 2023

Letizia Magaldi, Executive Vice President of Magaldi Green Energy, will join the SACE Map of Risks 2023 virtual presentation event - scheduled for Thursday 9 February at 11 am.

Read More