Daniel Gimpel
Co-founder & CEO
Claimed by owner Mada Analytics
Former names:
Dispatchable Capacity Systems with Long-duration Energy Storage
Mada Analytics
About
MADA has developed and patented applications for liquid air energy storage (LAES) that improve the efficiency and enhance the operations of natural gas power plants and the liquid natural gas (LNG) production and regasification that supplies many of them. MADA partners with power plants, LNG plant owners, and the firms that construct them to integrate its LAES technologies and make sure that transition to a net-zero future is as clean and profitable as possible.
MADA is developing a new form of clean dispatchable capacity called "Green Capacity," using long-duration LAES with clean generation capability. MADA will design and construct Green Capacity systems that utilize the same equipment to burn clean fuels and provide power even when renewable generation is not available and the storage is depleted. Combined with wind and/or solar, Green Capacity provides the reliability of a combined cycle gas turbine with up to 100% lower emissions.
MADA is developing a new form of clean dispatchable capacity called "Green Capacity," using long-duration LAES with clean generation capability. MADA will design and construct Green Capacity systems that utilize the same equipment to burn clean fuels and provide power even when renewable generation is not available and the storage is depleted. Combined with wind and/or solar, Green Capacity provides the reliability of a combined cycle gas turbine with up to 100% lower emissions.
Primary Sector
Energy-tech
Products
Green Capacity, MEPS Designer
Geographic markets
Europe, Global, United States
Mada Analytics Climate Tech relevance
Dispatchable capacity is declining as existing generation is retired, and much of it is being replaced with intermittent renewable capacity. Approval of new fossil fuel generation is getting harder as the clean energy transition progresses. While long-duration storage can cover many gaps in intermittent generation, periods of high demand and low renewable output can last multiple weeks, beyond the economic duration of any storage technologies currently available. MADA's Green Capacity integrates long-duration storage with clean dispatchable capacity, allowing for rapid growth in renewable energy while ensuring a reliable clean energy system. MADA's solution provides dispatchable generation with full load carrying capacity at all levels that can be 100% clean.
The Team
(2)Eric Selmon
Co-founder & COO
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Company Lifecycle
Private Equity Funding
Seed
$145K
Jun 2018
3 Investors
$145K
Non-Equity Funding
Grant
$154.15K
Jan 2016
1 Grantors
$154.15K
Grant
$500K
Jan 2020
1 Grantors
$500K
Others
Affiliation
Jul 2020
Hub Name
KamaTech
Affiliation
Jul 2023
Hub Name
MassChallenge Israel
Media gallery
(1)
MADA's - Liquid Air Energy Storage LAES logo
Locations
Israel
Ramban Street 19, Jerusalem, Israel
Locations
Israel
Ramban Street 19, Jerusalem, Israel
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