Fast Company: “This battery company from MIT helps factories ditch fossil fuels for cheap renewable power”

Fast Company highlighted how our Joule Hive™ Thermal Battery is making industrial decarbonization both technically feasible and economically compelling.

As Adele Peters writes, our technology “can hit 1,800 degrees Celsius—hot enough to make steel, cement, or chemicals.” The article focuses on a key differentiator: factories don’t need climate goals to make the switch. The economics drive adoption.

“This is a cheaper approach to heat that today isn’t being taken advantage of,” CEO Daniel Stack told Fast Company. By charging when electricity prices are lowest—often during hours of abundant renewable energy—and delivering heat on demand, we help factories reduce heating costs by 15-30%.

The article covers our recent commercial-scale demonstration at Southwest Research Institute in San Antonio, where potential customers can see the technology in action before commercial units begin rolling out later this year.

With industrial process heat accounting for roughly 20% of global energy consumption, the climate impact is substantial. “We’re talking about massive emissions reductions—to the tune of several gigatons per year of CO2—reduced through this transition,” Stack explains.

The Joule Hive integrates seamlessly into existing facilities, connecting directly to current kilns, boilers, and furnaces—making the transition to clean energy straightforward for industrial operators.

Read the full Fast Company article here.