Interview with Marco Terruzzin (Energy Vault)

Mining Green

In this episode of Mining Green, Brett speaks to Marco Terruzzin (Chief Product Officer) from Energy Vault.

Energy Vault is the creator of a gravity-based, grid-scale energy storage solution that has many benefits compared to other energy storage alternatives, such as batteries and pumped hydro.

• Low cost (upfront CAPEX & ongoing OPEX)
• Highly scalable (GWh+)
• Flexibility
• No degradation in the storage medium
• Safe & sustainable (energy storage bricks can be made out of locally sourced materials, even waste materials)

Tune in to this episode to learn more about the future of energy storage.

More info on Energy Vault can be found on their website here: https://www.energyvault.com/

Below is a list of the topics we covered in the interview.

• How did you get into energy storage & Energy Vault
• Quite a journey to Energy Vault. Do you see it as the way of the future?
• How has the Commercial Demonstration Unit (CDU) performed in Switzerland? Transition to EVx technology
• Is the CDU still operating? Or have you moved on to the next phase? (ie. EVRC)
• Is EVx more flexible and stable? (compared to CDU)
• Is it a solution with a broad application?
• Advantages & disadvantages of Energy Vault
• How does the initial capital cost compared to other energy storage solutions?
• Making the energy storage bricks from waste materials
• Can mine waste be used to make energy storage bricks?
• How long before we see EVx units operating?
• Are there different challenges in the mining industry?
• Benefits from being an Electric Mine Consortium member
• Has there been interest from Electric Mine Consortium members?
• Will we be seeing lots of Energy Vault systems soon?
• Will there be an Energy Vault presence in Australia soon?

More details on what was covered in the interview can be found on our blog post here: https://www.inspiritconsult.com.au/blog/2022/04/05/interview-with-marco-terruzzin-energy-vault/

The interview can also be watched on YouTube here: https://youtu.be/VKH4ixYDwEI

Links:

Interview blog post https://www.inspiritconsult.com.au/blog/2022/04/05/interview-with-marco-terruzzin-energy-vault/

Energy Vault https://www.energyvault.com/

Inspirit Consulting https://www.inspiritconsult.com.au/

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On the Mining Green podcast, we share inspiring stories of how the mining industry is leading the way to a net-zero future. We'll cover the technologies that will enable the transition (think battery-electric vehicles, green hydrogen, and renewable energy for a start), the challenges that need to be overcome, the benefits that will arise, and how the mining industry can lead the way towards a cleaner future.

Mining Green is brought to you by Inspirit Consulting. Inspirit Consulting is an independent mining consultancy, with a strength in strategic mine planning. We're also passionate about innovative mining technology, and the decarbonisation of the mining industry. The sorts of topics we discuss on Mining Green.

Please get in touch if you need a hand looking at an innovative new approach at your mine site.

Contact Brett at [e-mail]

Brett Dunstone is the driving force behind Mining Green and Inspirit Consulting.

Brett is a mining engineer with 20+ years of experience in the mining industry. He has worked in (or consulted for) many mining operations across Australia (and overseas), both underground and open-pit. He is passionate about technology (particularly electric vehicles) and the financial and sustainability benefits it can bring to the mining industry.