Energy Dome and the EIC Accelerator: Storing Power in a CO2 Dome
Energy Dome, a Milan company founded in 2020 by CEO Claudio Spadacini, builds the CO2 Battery, a long-duration energy store that compresses carbon dioxide from an inflatable dome into liquid and later expands it through a turbine to generate power. Its EIC application promised a round-trip efficiency of 75% "without degradation over time", a capital cost of €183 per kWh for the first plant falling to €103 at 50 plants a year, and a lifetime of more than 30 years, using "only steel, water and CO2", according to CORDIS.
The European Innovation Council granted €2,500,000 towards a €3.95 million project from February 2023 to March 2025. The final report says Energy Dome developed a new sealing system for commercial-scale turbomachinery, tested a turbine in July 2023 that proved "completely gas-tight", and adapted a gas-turbine compressor to run on CO2, preparing "for full technology validation in the next few months". The first full-scale plant, 20 MW and 200 MWh at Ottana in Sardinia, was completed in July 2025, IEEE Spectrum reported. The same month Google announced a partnership and an undisclosed investment, its first in long-duration storage.
Company file
- Legal entity
- Energy Dome S.p.A., Milan
- Founder and CEO
- Claudio Spadacini
- Product
- CO2 Battery, 20 MW / 200 MWh standard plant
- Series B investors
- Eni Next, Neva SGR (Intesa Sanpaolo), CDP Venture Capital, Barclays, 360 Capital, Japan Energy Fund, Vopak Ventures and others
- Partners
- Google, ENGIE (Ottana offtake), NTPC, Alliant Energy, SEC Victoria
- EIC project
- 1 Feb 2023 to 31 Mar 2025, closed
- EIC funding
- Blended finance
Where Energy Dome Stands Now
India's NTPC expected to finish a CO2 Battery at its Kudgi plant in Karnataka in 2026, and the US utility Alliant Energy was cleared to start building one in Wisconsin, IEEE Spectrum reported. In July 2026 Energy Dome agreed with SEC, Victoria's state-owned energy company, to build a 20 MW/200 MWh plant in the Latrobe Valley, and said its global pipeline exceeds 30 GWh with projects in the United States, Italy, Ireland and India, according to its announcement. ENGIE signed an offtake agreement for the Ottana plant in December 2024. In June 2026 Spadacini was named Innovator of the Year at the Reuters Events Energy Industry Awards.
The record
From gas-tight turbine test to a global rollout
The EIC project covered sealing, turbine and compressor work for the commercial-size CO2 Battery. The first full-scale plant in Ottana was completed four months after the project ended, and replicas are planned on several continents.
- 2020Company foundedClaudio Spadacini, Milan
- Oct 2022EIC Accelerator cut-offCO2 Batteryblended finance
- Feb 2023EIC project starts€3.95M project€2.50M grant
- Apr-Jul 2023Series BEni Next, Neva SGR and others€55M
- Jul 2023Turbine testGas-tight at all conditions
- Dec 2024ENGIE offtakeFor the Ottana plant
- Mar 2025EIC project endsFull-scale compressor being fitted
- Jul 2025Ottana plant complete; Google deal20 MW / 200 MWh
- Jul 2026Victoria project20 MW / 200 MWh with SEC
CORDIS, Energy Dome, IEEE Spectrum.
"This is proven, not conceptual: Energy Dome has developed a technology platform built around its CO2 Battery that has been delivering firm, dispatchable capacity at full grid scale since 2025."
Energy Dome, July 2026The Technology: A Bubble and a Turbine
The dome at Ottana holds 2,000 tonnes of CO2. To store energy, the gas is compressed, cooled and liquefied in pressure vessels; to release it, the liquid is evaporated, heated and expanded through a turbine, IEEE Spectrum explains. The plant stores 10 hours of power at 20 MW, longer than the 4 to 8 hours typical of grid lithium-ion systems. Energy Dome expects its storage to be 30% cheaper than lithium-ion.
The claim
Capital cost per kWh stored, as claimed to the EIC
Energy Dome's own figures: first-of-a-kind CO2 Battery, its target at 50 plants a year, and its comparison figure for lithium-ion. Independent cost data for the Ottana plant has not been published.
CORDIS project 190124655, fact sheet and report.
What the EIC Project Promised, and What CORDIS Shows
The EIC project
The EU paid 63% of a €3.9M project
The project ran from February 2023 to March 2025. CORDIS lists it as closed.
CORDIS project 190124655. Values in € millions.
The project funded the engineering for commercial-size machines: leak-free sealing, turbine testing and a full-scale CO2 compressor. By the end of the project the compressor was being prepared for validation, and the first full-scale plant was completed four months later. The efficiency and cost figures in the application are Energy Dome's own and have not been published from independent measurement at Ottana. CORDIS lists the project as closed.
- Gas-tight turbomachineryDeliveredTurbine test, July 2023.
- Full-scale compressorDeliveredOttana, 2025.
- Commercial rolloutUnder wayIndia, US, Australia.
- 75% efficiency, €183/kWhUnverifiedNo independent data.
The Money
Energy Dome's €55 million Series B closed in two tranches in 2023, co-led by Eni Next and Neva SGR, with CDP Venture Capital's EU-funded Green Transition Fund in the second tranche, according to the company. Google's investment in 2025 was undisclosed. Whether the EIC Fund invested under the blended award, and Energy Dome's revenue, are not public.
The money
EIC grant and the Series B
The Series B closed in two tranches, €40M in April 2023 and €15M in July 2023. Google's 2025 investment was undisclosed.
CORDIS; Energy Dome, July 2023. Values in € millions.
What Cannot Be Checked
Questions for the EIC
Whether the EIC Fund took equity, what round-trip efficiency and cost Ottana achieves in operation, how much of the 30 GWh pipeline is under firm contract, and what Energy Dome earns are not public.
Why Europe Should Care
Long-duration storage is what makes wind and solar dispatchable, and Energy Dome's machines use steel, water and CO2 rather than critical minerals. The EIC paid for part of the engineering that took the technology to full scale. The first plant outside Sardinia is due in India, IEEE Spectrum reported; in Europe the company lists further projects in Italy and Ireland.
What the project promised
A commercial-scale, leak-free CO2 Battery at 75% efficiency and falling cost.
What the record shows
A 200 MWh plant in Sardinia, a Google partnership and projects on four continents, with performance data still company-reported.
The Verdict
Delivered and scaling
Energy Dome built what the EIC helped engineer and says it is rolling it out worldwide. Its efficiency and cost claims now need independent operating data.
Energy Dome and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.
Industry
EnergyEnergy storage
- Focus
- Mechanical storage
- Technologies
- Compressed gas storage
- Turbomachinery
- Keywords
- Long-duration storage
- Grid storage
- Liquefied carbon dioxide
- Data centres