Skyven to Receive $145M to Install Industrial Steam-Generating Heat Pumps at US Manufacturing Facilities
Skyven Technologies, an Energy-as-a-Service (EaaS) company that specializes in steam-generating heat pump technology, has been selected for award negotiations up to $145 million from the Department of Energy's (DOE) Office of Clean Energy Demonstrations (OCED) to install Skyven Arcturus industrial steam-generating heat pumps (SGHPs) at manufacturing facilities across the US.
"Spurring on the next generation of decarbonization technologies in key industries like steel, paper, concrete, and glass will keep America the most competitive nation on Earth," said US Secretary of Energy Jennifer M. Granholm. "These investments will slash emissions from these difficult-to-decarbonize sectors and ensure American businesses and American workers remain at the forefront of the global economy."
Skyven Arcturus electrifies steam production, generating boiler-quality steam with zero on-site emissions, and leverages high efficiencies to counteract the price difference between electricity and natural gas, allowing industrial manufacturers across the US to reduce their emissions profitably.
The funding will support Arcturus installations, which will eliminate over 400,000 metric tons of CO2 emissions annually and improve air quality for more than 330,000 people living in neighboring communities. These projects will also create jobs across the US and develop a diverse and skilled workforce for future industrial heat pump projects.
"Industrial heat pumps have the opportunity to improve efficiency and dramatically cut emissions from industrial thermal processes," said Blaine Collison, Executive Director at the Renewable Thermal Collaborative. "It is great to see Skyven removing major market barriers through the combination of their Arcturus industrial heat pump, innovative financial model, and workforce development actions."
