GEA acquires stake in heat storage provider Caldera

GEA is investing twelve million euros in the British company Caldera. Caldera has developed electric Storage Boilers that can store electricity in the form of heat that can be extracted on demand. The product is suitable for a wide area of applications. GEA sees it as an important element within holistic concepts for decarbonising process heat demand between 100 and 200 °C, which is typical for many industrial processes.

Decarbonisation of industrial process heat: GEA heat pumps and Caldera Storage Boilers are complementing each other

GEA combines its process and heating expertise to develop systems to reduce energy consumption, reuse energy and upcycle waste heat streams in customer sites. Heat pumps are a key enabler for the decarbonization of process heating in industries such as food manufacturing, dairy production, breweries, distilleries and the pharmaceutical sector.

By combining GEA’s heating solutions with Caldera’s innovative storage boilers, it is possible to offer an affordable and reliable way of providing industrial customers with all-electric – and therefore low-carbon – heat. A combined system joins the benefits of a highly efficient heat pump with the flexibility and fast response time of a storage boiler. This allows for the efficient decarbonisation of steam networks with varying demand profiles that are typical across a broad range of industries.