With its power-to-heat thermal energy storage innovation - and as a one of the front runners in the world in this sector - Elstor Oy transforms steam and heat production to zero emissions while bringing cost-efficiency simultaneously. This often happens simply by replacing existing gas, oil or bio fuel burning systems with Elstor system. First commercial unit in operation since October 2021 and 12 commercial delivery contracts signed, being one of the highest number among this industry worldwide. A power-to-heat and steam solution for industry with an integrated energy storage enabling the utilization of demand response and low-cost electricity. * Elstor unit size range 5....100 MWh with output range 1.... 20 MW * One Elstor unit saves minimum 480 tons of CO2 yearly per each 5 MWh storage size * Attractive economical payback time with zero CO2 and particle emissions * Perfect fit for grid balance control and demand response * Elstor Oy received Finnish Climate Fund capital award in May 2021 as the second company in Finland. Solar Foods Oy was the first to receiving the capital award.
| Website | https://elstor.fi/en/front-page/ |
| Employees | 16 (10 on RocketReach) |
| Founded | 2017 |
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| Industry | Industrial Machinery Manufacturing |
| Keywords | Thermal Energy Storage, Renewable Energy, Green Energy Solutions, Sustainable Energy, Clean Energy Technology, Heat Production, Steam Generation, Energy Storage Systems, Energy Efficiency, Emission Reduction, Zero Emission Technology, Cost Effective Solutions, Energy Innovation, Energy Transformation, Sustainable Technology, Cleantech, Power Generation, Thermal Storage, Heat Storage |
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Kari Suninen is the CEO, Co-founder of Elstor Oy.
10 people are employed at Elstor Oy.
Elstor Oy is based in Lappeenranta, Southern Finland.