2026 Climate Tech Companies to Watch: Energy Dome and its carbon dioxide batteries

Compressing gas to store energy isn’t new—utilities have been using compressed air in underground caverns to hang on to reserves for decades. But Energy Dome’s approach doesn’t require any specific geology to work, so it could be more easily scaled to help grids around the world.

Energy Dome turned on its first commercial plant in Sardinia, Italy, in 2025. The facility has a capacity of 200 megawatt-hours. That’s enough to power about 18,000 Italian homes for 10 hours.

Key indicators

• Industry: Energy storage
• Founded: 2020
• Headquarters: Milan, Italy
• Notable fact: Energy Dome has plans for 30 gigawatt-hours’ worth of projects across five continents.

Potential for impact

Cheaper energy storage could help wind and solar meet more of the world’s electricity demand.

Today, lithium-ion batteries dominate new installations for short-duration applications of up to four hours. But the economics aren’t competitive for longer durations: A lithium-ion system that provides eight hours of storage at the same power output requires doubling the number of cells. 

Energy Dome estimates that its technology is roughly 10% to 15% cheaper than lithium-ion batteries for an eight-hour system, and that the economics are even better for longer-duration systems of up to 24 hours. The company says its ability to scale bigger and faster than lithium-ion boils down to the fact that its design uses existing commercially available equipment like compressors and storage tanks. Its plants that are either operational or under contract have eight or 10 hours of capacity.

Caveats 

Energy Dome only has one commercial project that’s operational. It’ll need to build many more to provide the 30 gigawatt-hours of storage it has planned.

The technology also isn’t quite as efficient as lithium-ion. Overall, Energy Dome’s process can return about 70% of the electricity it stores to the grid (a measure known as roundtrip efficiency). Lithium-ion batteries average roughly 90%. But some other long-duration storage techniques clock in lower; some iron-air batteries, for example, are around 50%.

Energy Dome’s plants may not all be benign from a planet-warming perspective. The company offers a version of its system that pairs its carbon dioxide battery with natural gas turbines. That version replaces internal heat storage with waste heat from the gas turbines to help evaporate carbon dioxide. That helps the plant run more efficiently but ultimately results in greenhouse-gas emissions from the natural gas turbines.

Next steps 

Energy Dome has a pipeline of about 30 gigawatt-hours’ worth of plants in the works around the world, and many of these projects could come online by the end of the decade. Because the company uses off-the-shelf components, the time from a signed contract to delivered capacity is only two years. In June 2026, for example, it signed a deal with Google to build a 200 MWh plant in Ireland, which is expected to come online in 2028.