Stephan Rieke presents power to gas startup Solarfuel
Ecosummit TV: Stephan Rieke presents SolarFuel which is the global first mover commercialising Power to Gas (P2G) technology. The German startup converts renewable energy to renewable methane (synthetic natural gas) by integrating electrolysis and methanation into one solution. Power to Gas is useful for storing and transporting huge amounts of energy and enables the coupling of the electricity and gas networks to create the smart green super grid. The motivation for developing the new P2G technology is driven by the volatility of wind and solar – the wind doesn’t always blow and the sun doesn’t always shine – and the resulting need for huge long-term energy storage. The potential storage capacity of Germany’s gas network could power the country for several months.
SolarFuel integrates technology and know-how developed by Germany’s research institutes ZSW (Centre for Solar Energy and Hydrogen Research Baden-Württemberg) and Fraunhofer IWES (Fraunhofer Institute for Wind Energy and Energy System Technology). The P2G pathfinder is backed by 2 strategic investors – juwi and MT Energie – and has a visionary automotive customer – Audi.
Tags: Audi, Berlin, Cleantech Startup, ECO12, Ecosummit 2012, Ecosummit TV, Electricity Grid, Electrolysis, Energy Storage, Fraunhofer IWES, Gas Network, Hydrogen, juwi, Methanation, MT Energie, P2G, Power to Gas, Renewable Methane, Smart Green Startup, Smart Grid, SolarFuel, startup, ZSW