Who needs industrial heat?

Steam

  • Chemicals
  • Paper
  • Mining

Drying

  • Food
  • Minerals
  • Chemicals

Cement, Metals, Glass

Industrial heat is a major polluter

Industrial heat represents ~22% of worldwide CO2 emissions

Heat cost

Today, decarbonizing industrial heat is expensive

Natural Gas
Green Electricity
+ Resistor

CO2

No CO2

$10 / MWhth
$20 / MWhth

Heat pumps can provide
cheap, carbon-free heat

Natural Gas
Green Electricity
+ Resistor
Green Electricity
+ Heat Pump
$10 / MWhth
$20 / MWhth
$7 / MWhth

But existing heat pumps have limitations

Existing high temperature heat pumps

Max temperature160°C
Max lift80°C
OPEX$$$

Airthium opens up the TAM by 5x with higher temperature support

Existing HT Heat PumpsAirthium HT Heat Pump
Max temperature160°C550°C
Max lift80°C500°C
OPEX$$$$
TAM*$10B$50B

* 80% of applications require high temperature
Source: iea.org/data-and-statistics/charts/industrial-heat-demand-by-temperature-range-2018

Case Study
Airthium's Heat pump vs electric boiler

Heat source
= Waste heat at ~60°C
Heat supply
= Steam at 180°C
COP up to 2.9
= 3x more efficient

Up to 65% electricity savings vs resistive boiler

Competition

TechnologyRankine HTHPStirlingMechanical Vapor RecompressionSolar ThermalBiofuelsAIRTHIUM
Max temp (°C)160180275400500550
Reliability$$$$$$$$$$
Efficiency++++++++++++++++
Lift (°C)8015030400500500
Cost$$$$$$$$$$$$$
TRL979994