Grid Scale Mechanical Batteries are changing the Energy Industry - TerraStor

The 2022 Decarbonization Demo Day is just over a week away! With the exciting event getting closer, we’re talking to some of our 9 exciting start-ups to hear more about how they are combating pressing climate challenges!

One of our start-ups who is doing just that is TerraStor! A big challenge that renewable energy sources encounter is intermittency. Without suitable energy storage, adding renewables to the energy grid can be difficult. Matthew Ciardiello and Paul Button founded TerraStor to combat this problem through compressed air energy storage. TerraStor utilises natural geology to create large mechanical batteries. Their company was founded on the principles that solutions should work with nature to have a big impact on climate change, and that these solutions should be scalable.

Over the last few months during their time with the Startupbootcamp program, they have been working closely alongside Mitsubishi Corporation and NYK Line. Their mentors at Mitsubishi and NYK Line have helped them add a great deal of value to their company, and have helped to navigate and nurture potential partnerships with corporate partners.

We are beyond excited to see how TerraStor develops in the future.

Interested in hearing more about Matthew and Paul’s journey?

Register for Demo Day on December 2nd here: https://www.startupbootcamp.com.au/demo-day/dc22