1414 Degrees (ASX: 14D) Aurora Energy Project Update
1414 Degrees Limited (ASX:14D)
1414 Degrees Ltd (ASX: 14D) ("1414 Degrees", “14D’, or the "Company") provides the following update on activities at the Aurora Energy Precinct ("Precinct"). The Precinct is managed by a joint venture company, SiliconAurora Pty Ltd which has obtained Crown Sponsorship and all key planning and environmental approvals for the Precinct, located north of Port Augusta in South Australia’s Upper Spencer Gulf Renewable Energy Zone.
The Aurora Energy Precinct remains a cornerstone asset in 1414 Degrees’ long-duration energy storage and decarbonisation strategy. 1414 Degrees manages the development of a battery energy storage system (“BESS”) for the joint venture company, and is independently developing a long duration thermal energy storage (“TES”) facility approved for the site. This development is staged, and 1414 Degrees is also exploring the provision of infrastructure and firmed power for data centres as part of its TES planning, leveraging the Precinct’s high-capacity transmission access and existing fibre-optic connectivity.
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About us:
ABOUT 1414 DEGREES LIMITED
1414 Degrees is a leader in industrial decarbonisation with its cutting-edge silicon-based solutions, enabling the alignment of energy supply with demand, fostering the widespread adoption of renewable energy. Our key technologies include:
• SiBrick®: thermal energy storage technology safely and efficiently stores renewable electricity as latent heat, available for use on demand.
• SiBox®: facilitates the transition to sustainable industrial processes, SiBox delivers consistent, high-temperature heat. It can be seamlessly retrofitted into heavy industry processes, offering a viable alternative to conventional energy sources.
• SiPHyR™: methane pyrolysis reactor with integrated storage. SiPHyR will produce low-emission hydrogen and solid carbon using renewable energy sources.
1414 Degrees has showcased its capabilities through successful pilot projects that highlight the reliability and effectiveness of its solutions. SiBox has proven its ability to deliver high-temperature air or steam on demand from stored heat. The development of SiPHyR underscores our commitment to innovation and sustainability.
In 2019 the Company made the strategic purchase of the Aurora Energy Project (AEP) located near Port Augusta, South Australia. The project is a long-term renewable energy initiative to deliver reliable electricity to the region and National Electricity Market. The AEP has approval for 14D to pilot and demonstrate a large commercial scale version of the SiBox technology.
For more information, please visit www.1414degrees.com.au
Contact details:
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1414 Degrees
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P: +61 8 8357 8273
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The Capital Network
Julia Maguire
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P: +61 2 7257 7338