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The startup claims that its HelioHeat technology can create extreme heat – 1,000 degrees Celsius, or about a quarter of what is on the surface of the sun. It is the type of heat needed to make cement, steel, and in other industrial processes like mining that typically rely on fossil fuels to power their operations.
“It’s not that this technology wasn’t possible before, just that it wasn’t cost effective,” Heliogen founder and CEO Bill Gross told CNN Business in an email. “Heliogen’s breakthrough is to run concentrated solar power after sunset AND be cost effective compared to fossil fuels at the same time.”
The companies say the partnership will allow Rio Tinto to reduce its carbon footprint – while simultaneously reducing its energy costs.
“Our goal is to provide completely carbon-free energy to Rio Tinto at a price below the cost of fossil fuels and without emissions,” said Mr. Gross.
Bringing carbon-free energy to a nearly century-old mine
Heliogen, backed by Gates and biotech billionaire Patrick Soon-Shiong, exited stealth mode at the end of 2019 announcing a solar breakthrough. For the first time, concentrated solar power could be used to replace fossil fuels used in industrial processes. Last year, Time magazine named Heliogen’s HelioHeat technology to its list of the best inventions of 2020.
Today, Heliogen is partnering with Rio Tinto to harness this technology.
Rio Tinto plans to use the Heliogen platform to help power the nearly century-old California site, which extracts borates, a mineral used in fertilizers, from heat-resistant glass for smartphones and computers. laptops, solar panels and wind turbines. The mine, located in Boron, supplies nearly half of the world’s production of refined borates, according to Rio Tinto.
Normally, the facility relies on fossil fuels to generate steam. But the partnership requires Heliogen’s AI-powered mirror field to generate 35,000 pounds per hour of carbon-free steam to help power the site.
The companies said the technology could reduce Boron’s carbon emissions by about 7%, which is equivalent to taking more than 5,000 cars off the road. And the Heliogen system will also capture and store clean energy to power nighttime mine operations.
If this initial installation of Heliogen is successful, Rio Tinto could step up the use of the technology to reduce the site’s carbon footprint by up to 24%.
Rio Tinto spends $ 1 billion to reduce its carbon footprint
The companies said they would start planning and obtaining government permits soon. The goal is to launch the Heliogen platform next year – and explore its deployment at other Rio Tinto locations around the world.
The Anglo-Australian multinational hopes Heliogen will help it cut emissions by nearly half by 2030 from 2010 levels. Last year, industrial heat, supplied by Heliogen, accounted for 14% of direct emissions. and indirect from Rio Tinto, called Scope 1 and 2.
“This partnership with Heliogen has the potential to significantly reduce our emissions at Boron using this revolutionary solar technology, and we look forward to exploring the opportunities in our global portfolio,” said Jakob Stausholm, CEO of Rio Tinto, in a statement. .
Rio Tinto has pledged to spend around $ 1 billion on emission reduction programs through 2025. The Heliogen partnership represents a multi-million dollar investment from Rio Tinto, Gross said, although the exact cost isn’t has not yet been determined.
Using AI to fight the climate crisis
Concentrated solar power is nothing new.
But Heliogen says he’s going one step further by using AI and other sophisticated technology to align thousands of mirrors on a single point, creating temperatures much warmer than was possible in the past.
Now Heliogen must convince industrial companies like Rio Tinto to ditch fossil fuels for the sun.
“Heliogen is bombarded with customers all over the world,” Gross said, “from all industries ranging from metals, to cement, to utilities, to hydrogen production.”
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