Alphabet Energy took the energy efficiency prize. The startup, which emerged from the Lawrence Berkeley National Laboratory, is making thermoelectric materials that can generate electricity from waste heat. It’s not as sexy as solar but has huge potential to produce power while lowering industrial carbon emissions. “The steel and cement industries generate tremendous amounts of heat that could be used to produce electricity,” said Alphabet chief executive Matthew Scullin. Alphabet intends to disrupt the market not by making super-efficient thermoelectric materials but super-cheap devices that will lower the cost of generating electricity from waste heat. Scullin said the startup needs $2 million to $3 million to commercialize the technology. More>
Thursday, October 29, 2009
Cleantech Open winners get it done quick and cheap
Alphabet Energy took the energy efficiency prize. The startup, which emerged from the Lawrence Berkeley National Laboratory, is making thermoelectric materials that can generate electricity from waste heat. It’s not as sexy as solar but has huge potential to produce power while lowering industrial carbon emissions. “The steel and cement industries generate tremendous amounts of heat that could be used to produce electricity,” said Alphabet chief executive Matthew Scullin. Alphabet intends to disrupt the market not by making super-efficient thermoelectric materials but super-cheap devices that will lower the cost of generating electricity from waste heat. Scullin said the startup needs $2 million to $3 million to commercialize the technology. More>
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