Restaurants use a lot of energy to not only prepare and cook food, but to cool kitchens, dining rooms, and other spaces. A new high efficiency, ultra-low emissions commercial water heating and space cooling unit, which begins field demonstrations at two Southern California restaurants this week, could dish out energy savings, lower operating costs, and reduce greenhouse gas emissions for foodservice and hospitality facility operators.
The new technology uses a thermally driven heat pump fueled by natural gas or propane to capture ambient energy, achieving a heating efficiency of 140 percent or greater. It is projected to reduce energy use by 30 to 50 percent compared to standard natural gas water heaters. The highly-efficient heat pump also provides space cooling simultaneously, which reduces the need for air conditioning and can help lessen electricity use.
Stone Mountain Technologies, Inc. (SMTI) developed the new heat pump by redesigning heat pump technology traditionally used for cooling and focusing it on heating with cost-effectiveness and scalability in mind. GTI is leading the demonstration, and AO Smith Corporation is also providing support. Project funding was awarded by the California Energy Commission and Southern California Gas Company (SoCalGas) research and development funds authorized by the California Public Utilities Commission.
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TAEBC attended and sponsored Launch Tennessee’s 2nd Annual Innovation & Entrepreneurship Week on the Hill in Nashville Feb. 19 to 20. This gathering was hosted by Launch Tennessee and several organizations across the state as an opportunity for entrepreneurs and innovators to speak with legislators and promote innovation in the statewide economy.
Policy makers, legislators, and key stakeholders kicked off Week on the Hill celebrations of entrepreneurship and innovation at a reception the evening of Feb. 19. The next morning, TAEBC and other sponsor organizations spoke to attendees before launching into a day of meetings.
Vice President of TAEBC Cortney Piper and CEO of Stone Mountain Technologies (SMTI) Michael Garrabrant attended and spoke with state legislators and policymakers about TAEBC’s mission and the benefits of advanced energy entrepreneurship and innovation for Tennessee’s economy.
In these meetings, they discussed TAEBC’s 2018 Tennessee Advanced Energy Economic Impact Report to provide further context for decision makers regarding the state’s advanced energy sector. Michael also emphasized the importance of the Energy Mentor Network as its second graduate and SMTI’s cost-effective, advanced heating technologies, along with his commitment to grow his manufacturing company in Northeast Tennessee. SMTI’s products seek to lower energy costs, improve comfort, and reduce CO2 emissions.
Throughout the day, they met with representatives Lt. Governor Randy McNally, Rep. John Holsclaw, Sen. Rusty Crowe, Rep. Rick Staples, Rep. John Ragan, and Sen. Becky Duncan Massey. They also met with Allen Borden, the deputy commissioner of business, community and rural development, and Tony Niknejad, the policy director for Governor Bill Lee.
(Originally published on Teknovation.biz)
By Tom Ballard, Chief Alliance Officer, PYA
It’s always good to see progress being made at start-ups that we have followed since launching teknovation.biz in January 2012, and that was the case at last week’s annual “Opportunities in Energy” forum hosted by the Tennessee Advanced Energy Business Council (TAEBC).
Michael Garrabrant, Chief Executive Officer of Stone Mountain Technologies Inc. (SMTI), told attendees that the 10-year old company now has 16 engineers and technicians on the staff, has produced 30 prototypes, and will have a dozen of its thermal compressors deployed as a key component of gas heat pumps for space, water and pool heating made by the end of the year.
“Everyone likes to come home to a nice warm house and hot shower,” the Johnson City-based Entrepreneur said. SMTI is one of the participants in TAEBC’s “Energy Mentor Network,” a program funded by Launch Tennessee.
Garrabrant says the technology that he has been developing since founding the company in 2008 is relevant for residential and light commercial. The thermal compressors will be manufactured by SMTI but deployed as part of a heat pump or other device produced by an original equipment manufacturer (OEM).
Read more here.
The Tennessee Advanced Energy Business Council invites you to its year-end, annual event “Opportunities in Energy”
Relevant topics to today’s ever-changing energy economy and how Tennessee is becoming a leader in the advanced energy sector fill the agenda including:
Featured Panel: A look inside TVA’s partnership with Innovation Crossroads, Cohort 3 For the first time, TVA is providing funding to support the next cohort of energy entrepreneurs for ORNL’s Innovation Crossroads. How will this partnership shape Cohort 3?
- Amy Henry, Sr. Manager, Enterprise Relations and Strategic Partnership, TVA
- Tom Rogers, Director of Industrial Partnerships and Economic Development, Oak Ridge National Laboratory
- Sam Shaner, Yellowstone Energy
- Mitchell Ishmael, Active Energy Systems
- Moderated by: Tom Ballard, Chief Alliance Officer, PYA & Editor, Teknovation.biz
EMN Spotlight: Stone Mountain Technologies, Inc. Hear this EMN company’s power pitch on next generation heating technologies, and learn more about their experience in the Energy Mentor Network.
- Michael Garrabrant, CEO, Stone Mountain Technologies, Inc
- Gary Rawlings, Technology Consultant, Oak Ridge National Lab
- Steve Seifried, Account Executive for the Tennessee Region, Ameresco
- Ira Weiss, Principal, Weiss Associates & Entrepreneur-in-Residence, Energy Mentor Network
Protecting our Power
As cybersecurity becomes a growing priority across the country, how is TVA protecting the grid?
- Andrea Brackett, Director of Cybersecurity, Tennessee Valley Authority
TennSMART: Shaping the Future of Intelligent Mobility
Hear about TennSmart’s progress in accelerating the development and deployment of new intelligent mobility innovations in Tennessee.
- Brad Rutherford, Vice President of Sales, Local Motors
- Bob Booker, Senior Manager, Corporate Services Divison, DENSO Manufacturing Tennessee, Inc.
- Ron Espinosa, Regional Director Mid-Atlantic, SoftServe Inc
- Moderated by: Jesse Smith, Manager of Industrial Partnerships and Economic Development, Oak Ridge National Laboratory
TN Advanced Energy Economic Impact Report, 2018 Findings
The numbers are in and Tennessee’s advanced energy sector is continuing to thrive! This panel will discuss TAEBC’s latest economic impact report and what this means for the state.
- Stacey Patterson, Vice President for Research, Outreach and Economic Development at the University of Tennessee
- Denise Ganus, Future Offer Manager, Schneider Electric
- Mary Beth Hudson, Vice President Wacker Polysilicon Division NCA, Site Manager Charleston at Wacker Polysilicon
- Moderated by: Matt Murray, Director, Howard Baker Jr. Center for Public Policy
Energy Mentor Network Showcase
Meet some of our Energy Mentor Network companies as they present their entrepreneurial solutions for our nation’s energy challenges!
- Shane McMahon, Lux Semiconductors
- Justin Nussbaum, Ascend Manufacturing
- Megan O’Connor, Nth Cycle
- Moderated by: Anna Douglas, SkyNano
The Tennessee Advanced Energy Business Council is featuring the companies benefiting from the Energy Mentor Network program, which offers industry specific expertise from experienced mentors.
The Energy Mentor Network‘s goal is to foster the growth of Tennessee advanced energy technologies and startups by connecting entrepreneurs with mentors. This gives Tennessee yet another advantage in grabbing its more than fair share of the $1.3 trillion global advanced energy market.
The Energy Mentor Network is run by the Tennessee Advanced Energy Business Council in partnership with Launch Tennessee.
In broad strokes, the Energy Mentor Network pairs mentors with promising new companies and entrepreneurs through a structured program involving panel presentations and mentoring sessions.
The purpose of the program is to develop quality startups. After completing the program, startups will have an investable pitch deck, a rock solid business model and a plan to establish more traction. These tools will position Tennessee’s entrepreneurs to raise capital, request other funds like SBIR grants, and scale their company.
Nth Cycle is developing a recycling technology that utilizes carbon nanotube membranes for enhanced separation and recovery of solid rare earth and specialty elements (RESE)-oxides. If successful, this technology will provide a high-throughput electrochemical recovery process for recycling RESE as an alternative to the conventional energy-intensive extraction and refining processes currently used to obtain these metals for manufacturing. Megan O’Connor holds a PhD in civil and environmental engineering from Duke University and is co-founder and Chief Executive Officer of Nth Cycle.
TAEBC is currently accepting applications from Tennessee advanced energy companies to apply for the Energy Mentor Network program. If you are interested in this opportunity, please visit the “For Startups” section of the Energy Mentor Network portion of TAEBC’s website.
Nth Cycle is enrolled in ORNL’s Innovation Crossroads program. TAEBC and Launch Tennessee provide non-exclusive business mentoring services to the Innovation Crossroads Innovators.