Welcome

Organic Heat Exchangers (O-Hx) is the home of the patented “EnergiVault” technology, capable of storing and delivering vast amounts of thermal energy on demand to drive down the cost of cooling and provide infinitely scalable energy storage. Other thermal energy storage products have been limited by poor efficiency, limited charging and discharging flexibility and high costs. Ever increasing energy costs and a focus on net zero operations are key drivers for companies seeking more sustainable operations and reduced operating costs.

Reducing Greenhouse Gas Emissions

About O-Hx

O-Hx was formed in 2016 to house the development of more efficient cooling systems that can also act as utility scale energy storage solutions and apply for the relevant patents for these combined technologies. Whether, energy is stored as electricity, heat or cold, the principal of energy storage and balancing the grid, and prudent energy buying remains the same. Several eureka moments later, organic heat exchanger technology was invented and this was combined with AI (artificial intelligence) to provide an efficient cooling solution that also acted as a utility scale energy storage solution. These innovations were then housed in the Energivault solution. It is estimated that Energivault could reduce cooling led energy costs by up to 60% through load shifting, heat recovery, improved efficiency and demand response which also means significant reductions in carbon emissions based on carbon intensity of energy generation at the location. In addition, because Energivault acts as a demand side battery, it is estimated that costs can be reduced further (circa 20%) through allowing prudent buying of electricity when charging the system.

Our Team

Bob Long (M.Sc. F.Inst.R)
Exective Chairman
Nick Dimmock (BA, MBA (CASS))
Investor Relations Director
Geoff Barker (CEng FIMechE MSc BEng(Hons) MEI)
Chief Executive Officer
Alexandra Ellison
Administration
David Grundy (CA)
Chief Financial Officer
Helen Passfield (BA (hons) and ACMA)
Financial Modelling & PR
Dr. Dave Kane (PhD BSc(Hons) CEng MEI MPhys)
Chief Technical Officer
Aleem Aftab (M.Sc. IoTDA)
IT & Infrastructure

Why Choose Us

Market Headlines:

  • Global Heating, Ventilation and Air-conditioning Market forecast to be $367billion by 2030
  • Global chiller market forecast to be $12.7billion by 2028
  • Commercial and Industrial market for chillers estimated at 76% of global market in 2019, c.$7.6billion
  • Major part of the chiller market is central systems the best fit for O-HX’s solution
  • European market growing at 5% CAGR

Market Drivers:

  • Climate change and increasing need for building air conditioning and decarbonisation
  • Substantial growth in frozen food a major driver of growth in the chiller market
  • Factors for the end-use industries are energy and operational cost minimization,
    the maintenance cost of equipment and, to increase the product lifespan
  • Growth in key market segments where O-HX can deliver value including:
    • Food and drink
    • Heating & Ventilation & Air Conditioning (HVAC)
    • Plastics
    • Medical equipment
    • Rubber industry
    • Data Centres

Global Demand for Energy Storage

Climate emergency

  • Indisputable need to reduce carbon emissions – through energy reduction, green generation and smart use – on a global level
  • UK government commitment to carbon neutrality by 2050

Grid level demand

  • Cooling – air-conditioning, refrigeration etc – places high load demand on national electricity grid networks
  • UK demand is typically 4GW, averaging 10% of total demand, yet with limited flexibility
  • Total Refrigeration and cooling demand accounts for 20% of annual electric demand – with growth in space cooling and refrigeration, in industrial, commercial & residential

Local user requirements for cooling

  • Cooling systems typically give little flexibility to operating demands, and often with minimal redundancy
  • Integration with other energy supply sources – especially on-site green generation – is critical in allowing smart energy usage and move to net carbon neutral

Lets Make Cooling and Energy Storage Environmentally Friendly