Skyven to Receive $145M to Install Industrial Steam-Generating Heat Pumps at US Manufacturing Facilities

March 28, 2024
The funding will support Arcturus installations to eliminate over 400,000 metric tons of CO2 emissions annually and improve air quality for more than 330,000 people living in neighboring communities

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."

About the Author

EnergyTech Staff

Rod Walton is senior editor for EnergyTech.com. He has spent 14 years covering the energy industry as a newspaper and trade journalist.

Walton formerly was energy writer and business editor at the Tulsa World. Later, he spent six years covering the electricity power sector for Pennwell and Clarion Events. He joined Endeavor and EnergyTech in November 2021.

He can be reached at [email protected]

EnergyTech is focused on the mission critical and large-scale energy users and their sustainability and resiliency goals. These include the commercial and industrial sectors, as well as the military, universities, data centers and microgrids.

Many large-scale energy users such as Fortune 500 companies, and mission-critical users such as military bases, universities, healthcare facilities, public safety and data centers, shifting their energy priorities to reach net-zero carbon goals within the coming decades. These include plans for renewable energy power purchase agreements, but also on-site resiliency projects such as microgrids, combined heat and power, rooftop solar, energy storage, digitalization and building efficiency upgrades.

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