The TU/e Spin-offs Funded by Bill Gates Seeking to Change the Energy World

The combustion of iron powder as a new, circular fuel is a promising solution for one of the biggest challenges in the energy transition.

Cutting-edge research at Eindhoven University of Technology (TU/e) has sprouted several start-up companies in recent years. Amongst them are RIFT and Cellcius, who have just been awarded funding and resources by Breakthrough Energy, a private investment coalition founded by Bill Gates. 

RIFT and Cellcius are the first companies from the Netherlands to receive support from the renowned fund that seeks to contribute to a climate neutral world by 2050. This underlines two core strengths at TU/e; namely academia-industry cooperation and entrepreneurial drive. With this support, RIFT and Cellcius aim to address the energy transition in unique and innovative ways – here is their plan.

The Metal Fuel Solution

The action of ‘burning something’ is generally not viewed as a sustainable energy solution. But for start-up RIFT (Renewable Iron Fuel Technology) burning is key to unlocking a sustainable alternative to fossil fuels in the form of iron powder.

Here is how burning iron powder is sustainable, and generates no CO2 or waste. First, the powder is burned in a boiler, and the heat generated is then used in heat networks. Left over is a rusted iron powder, which might sound like waste. But using hydrogen, the rusted powder is converted back into iron powder. In effect, this ‘charges’ the powder, creating a circular fuel that can be burnt and recharged over-and-over again. 

This iron powder technique was developed by TU/e combustion technology Professor Philip de Goey and the Metal Power Consortium.

Exciting potential

RIFT CEO and former TU/e student, Mark Verhagen

RIFT CEO and former TU/e student, Mark Verhagen, is excited about iron powder fuels. He stated, “Industry and heat networks require large amounts of energy that sustainable sources cannot always provide. Our networks are not designed to supply this energy on top of normal use over a short period. An alternative is required, and iron powder fuel could be very important.”

Iron fuel burning has many advantages. No CO2 is released, and nitrogen emissions are much lower than those from coal or gas. It has a higher energy density, and it is safer to store and transport than hydrogen. And unlike standard batteries, when charged, iron powder does not lose energy in storage.

Metal fuel innovator Philip de Goey sees a big future for these fuels. He mentioned, “Iron fuel is a promising energy transition solution. In recent years, I’ve worked with several industrial partners on metal fuels. And thanks to RIFT, the scene is set for iron powder to make a sustainable impact on the world.” 

Heating Thousands of Homes on a Large Scale

While Verhagen and de Goey seek to use iron powder for energy storage, TU/e Professor Olaf Adan and his start-up Cellcius are working on a simple way to store heat using salt crystals.

“Our heat battery technology uses an old, straightforward chemical reaction between salt and water vapor,” explained Adan, “When the salt crystals absorb water, they enlarge and release heat.” 

But just like RIFT’s iron powder, the Cellcius’ salt crystals can be reused time-and-time again. “By adding heat, the water evaporates, which dries and shrinks the salt crystals. As long as the dry salt avoids water, the heat remains stored,” added Adan, “Unlike other types of heat storage, nothing is lost – the battery is loss-free.”

And just like RIFT’s iron powder solution, Cellcius’ heat battery is cheap and compact. What is more, the technology could heat thousands of homes, which would be beneficial given the current energy crisis gripping the world and the adverse winter conditions experienced in North America and Europe in recent seasons.  

“The technology behind the heat battery could be a solution for the fluctuating supply of renewable energy in homes, and for the beneficial reuse of ‘heat waste’ generated at other buildings in cities,” noted Adan.

Proud

RIFT and Cellcius’ selection for Bill Gates’ Breakthrough Energy program has been well received in Eindhoven. “We are proud that these inspiring innovators from TU/e spin-offs RIFT and Cellcius have been selected for this great program,” said TU/e President Robert-Jan Smits. He added, “The award will help them to create more impact.”

With Breakthrough Energy backing, RIFT and Cellcius look set to revolutionize our future energy use and storage. And these brilliant technologies can trace their origins back to the innovative research carried out at TU/e.

Read more on how TU/e is making an impact on tue.nl/impact. 


More Articles

  • Egypt EU Trade relations improving

    Egypt EU Trade relations improving

    The European Union remains Egypt’s largest investors Three-quarters of foreign direct investment come from EU states, and trade represents a third of the country’s GDP. The has been constant EU assistance and partnership programs since 1998, which established stable relations between Egypt and the EU. The Association Agreement was the most effective agreement when it…

  • Interview: Mervat Sultan, Chairperson, Export Development Bank of Egypt (EBE)

    Interview: Mervat Sultan, Chairperson, Export Development Bank of Egypt (EBE)

    Export Development Bank of Egypt (EBE) was established for the purpose of boosting Egyptian exports. The Bank offers banking and financial services to encourage the export activities of the agricultural, industrial, commercial and services sectors. One of the main business lines and activities of the Bank is the Corporate Banking and Loan Syndication Activities.  How…

  • Interview: Ahmed Heikal, Managing Director, Qalaa Holdings

    Interview: Ahmed Heikal, Managing Director, Qalaa Holdings

    Qalaa Holdings is a leading private equity investment company in Egypt focusing in energy and infrastructure. Qalaa manages an investment portfolio consisting of 19 Opportunity-Specific Funds (OSFs). Its investments are distributed through 12 countries in the Middle Eastern and North African markets and span 14 industrial sectors. Qalaa Holdings is an African leader in energy and infrastructure.…

  • Interview: Mohammed Berro, Chief Executive Officer, Emirates NBD Egypt

    Interview: Mohammed Berro, Chief Executive Officer, Emirates NBD Egypt

    Emirates NBD Egypt is one of the largest banks operating in Egypt excels in premier banking and pioneers in digital banking. It is an essential stakeholder in financing mega infrastructure projects and development initiatives in Egypt. Emirates NBD Egypt is a wholly owned subsidiary of Emirates NBD Group, a leading banking group in the region.  …

  • United Nations Global Compact Profile

    United Nations Global Compact Profile

    Launched in 2000, the United Nations Global Compact (UNGC) is a global initiative that serves as a call to companies to align strategies and operations under the framework of the 10 UNGC Principles on Human Rights, Labor, Environment and Anti-corruption. Today with more than 9,500 business and 3,000 non-business organizations based in 160 countries and…

  • Interview: Lazar Petrović, CEO, Delta DMD

    Interview: Lazar Petrović, CEO, Delta DMD

    As a leading logistics distribution company, what key challenges need to be overcome in the region? Serbia is definitely a growing market and it is going to continue to be. I strongly believe that we are going to be a part of the European Union eventually. Especially for IT companies, Serbia is the best place…

  • Interview: Miroljub Jevtić, Director General, Infrastructure of Serbian Railway (IZS)

    Interview: Miroljub Jevtić, Director General, Infrastructure of Serbian Railway (IZS)

    How is Serbia’s railway transport segment evolving? Serbia’s railway infrastructure system in 2018 offers safe and reliable services. It is efficient and successfully caters to a growing segment. Overall, Serbia is investing nearly EUR 5 billion to improve the transport network. This can be seen very clearly within the railway sector. Serbia continues a series…

  • Interview: Violeta Šestic, Head of Local Economic Development Department, City of Šabac

    Interview: Violeta Šestic, Head of Local Economic Development Department, City of Šabac

    What makes Šabac a smart choice for investors? An interesting fact about the city of Šabac is that it was the first city in Serbia to meet the international standards ISO 9001:2000 which is a testament to our efficiency as an organization and our dedication to customer satisfaction.Besides, the City is a carrier of a…

  • Interview: Nemanja Aleksic, CEO and Managing Partner of the Aleksic and Associates Joint Law Office

    Interview: Nemanja Aleksic, CEO and Managing Partner of the Aleksic and Associates Joint Law Office

    How do you assess Serbia’s legal framework in 2018? The legal framework of Serbia in 2018 will be adapted to the process of accessing the European Union, with full commitment to the priority reforms necessary in this process. On April 29, 2008, Serbia signed the Stabilization and Association Agreement in Luxembourg, which, entered into force…

  • Interview: Zoran Blagojević, CEO,  Wiener Insurance Serbia

    Interview: Zoran Blagojević, CEO, Wiener Insurance Serbia

    How do you assess Serbia’s insurance sector? Western European markets average premiums around EUR 2 500 per capita, but in Serbia we are at EUR 100 per capita. These two figures show us a clear picture of the huge growth potential the insurance sector has within the Serbian market. There is a huge misunderstanding of…

  • Interview: Marija Labović, Acting Director, National Tourism Organisation of Serbia

    Interview: Marija Labović, Acting Director, National Tourism Organisation of Serbia

    How do you assess Serbia’s tourism industry? Demand is growing, and this is the trend for the last three years. In the last ten years we can see market change in favour of foreign visitors which are now making around 50% of total tourists. Three years ago domestic travellers started to travel again due to…

  • Interview: Radoš Gazdić, Acting Director General, Development Agency of Serbia (RAS)

    Interview: Radoš Gazdić, Acting Director General, Development Agency of Serbia (RAS)

    What are some of the key facts that all international investors should remember about Serbia? The key factor at this moment is the competitiveness of the labour force when comparing it to Europe. Serbia is increasingly becoming more attractive, first and foremost, because of the technical education of our labour force. It is one of…

  • Interview: Marko Čadež, President, Chamber of Commerce and Industry of Serbia (PKS)

    Interview: Marko Čadež, President, Chamber of Commerce and Industry of Serbia (PKS)

    What is the global perception of Serbia? Over the last five years investors saw straightforward and clear economic policies. This means fiscal consolidation, monetary stability and political stability. They have seen Serbia has a clear strategy. There is now a new perception on Serbia’s future. The perception is now quite good. Together with Montenegro, we…

  • Interview: Ingeborg Øfsthus, CEO, Telenor Serbia

    Interview: Ingeborg Øfsthus, CEO, Telenor Serbia

    How do you see Serbia’s telecommunication sector in 2018 and what key challenges do you foresee moving forward? The global telecommunications sector is going through a revolution, and that revolution is digitalization. The fact being the competition landscape is changing. It is hitting every single operator around the world in some way or form.  We are lucky…

  • Interview:  Zoran Petrović, CEO, Raiffeisen Bank Serbia

    Interview: Zoran Petrović, CEO, Raiffeisen Bank Serbia

    How do you assess Serbia’s economy? We expect Serbia’s economy in 2018 will be driven by a couple of factors. First of all, we believe it will be pushed by the consumptions of the citizens, the unemployment rate is going down, employment rate is going up, so we expect that also the banking sector continue…

  • Serbia: An impressive turnaround

    Serbia: An impressive turnaround

    Serbia aims to boost private sector-led growth through reforms. According to the estimates of the Statistical Office of the Republic of Serbia, the nations GDP in real terms increased by 1.9% in 2017. The International Monetary Fund estimates Serbia’s projected Real GDP growth for 2018 will reach 3.5%. Overview: Serbia has successfully stabilized its economic…

  • Serbia: Solid banks support growth

    Serbia: Solid banks support growth

    The sector is well-capitalized, liquid and harmonized with EU legislation Financial sector reforms have been pursued vigorously. Banks are on a sound footing and continue to support growth. The banking sector comprises over 90% of the total assets in the financial sector. Over the last several years significant restructuring has been undertaken to improve the…

  • Serbia: Tourism – Belgrade charm

    Serbia: Tourism – Belgrade charm

    Three million tourists visited Serbia in 2017 with MICE offering the largest opportunities.   Lacking a coastal line, Serbia has focused its touristic sector in the development of spas and ski resorts. They have been neglected for the past years, but thanks to recent private sector investors keen on developing their potential the sector is…

  • Serbia: Transport – Interconnecting Southeast Europe

    Serbia: Transport – Interconnecting Southeast Europe

    Mass investments aim to support and ease transit The sector is one of the fastest developing branches of the economy in Serbia. Value of ongoing projects in infrastructure is EUR 5 000 million. Needs for future transport plans is EUR 6 000 million. Serbia’s strategic location at the crossroads of European traffic Corridors offers great…

  • Country Profile: Serbia

    Country Profile: Serbia

    Regional integration – Western Balkan neighbors are increasing collaborations History: Serbia was shaped as a nation by the numerous external invasions it suffered; starting in the 4th century BC with the Celts overthrowing the Illyrians, the arrival of the Romans and the Slavs in the sixth century AD. A crucial event in AD 395 was when…

  • Serbia: Digitization – The ICT sector is growing faster than any other industry

    Serbia: Digitization – The ICT sector is growing faster than any other industry

    Serbia provides a cost-effective alternative to established markets for companies looking to outsource software engineering, offshore systems design and integration. Over 2 600 ICT companies operate in Serbia including a Microsoft development center. Serbs offer expertise, high-end IT development services and software development solutions in a highly completive global sector. Nearly 39 000 ICT professionals…

  • Serbia: The Balkan Industrial revolution

    Serbia: The Balkan Industrial revolution

    Serbia’s rich historical legacy lies in its strength as a regional manufacturing hub. This is furthermore supported by its extensive free trade agreements which allow duty-free exports to a market of more than 1 billion people. Some of these markets go much further than the European Union which is Serbia’s largest export market.  Serbia has…

  • Serbia: EU accession accelerating

    Serbia: EU accession accelerating

    Serbia is one of the most advanced countries in the process. Serbia is a small and open economy in South Eastern Europe. The nation’s development is considerably below the European average, while by growth it is one of the fastest developing countries in Europe. Growth potential in Serbia is tremendous in every segment of the economy.…

  • Interview: Zorana Ždrale Burlić, CEO, Delta Real Estate

    Interview: Zorana Ždrale Burlić, CEO, Delta Real Estate

    How do you assess Serbia’s real estate sector? We have definitely seen an increase in construction activity, the market is reviving, and we have seen increased demand for construction. We have seen a lot of investment activity. The market remains challenging in terms of a lot of issues surrounding real estate, not just bureaucracy but…