Ethan Novek

Experience

1. Founder and CEO

   Innovator Energy

   Feb 2015 — Present

   Innovator Energy has multiple breakthrough issued utility patented technologies transforming how the world produces and consumes energy. ABUNDESS Energy Storage: ABUNDESS provides affordable, long lasting, resilient, and scalable (1+ GWh) electricity storage for a wide range of applications, including grid services, balancing renewable energy supply and demand, offshore platform electrification and decarbonization, and desalination. ABUNDESS was awarded an AIP from the American Bureau of Shipping (ABS). ABUNDESS unlocks the 500+ meter depths/elevation differences abundantly available in the ocean for pumped energy storage without the challenges associated with the high pressures present at deep depths. ABUNDESS is a highly efficient, environmentally benign, closed-loop pumped storage system and comprises non-toxic, recyclable, marine-friendly materials. The ABUNDESS technology is protected by multiple granted utility patents in the US and internationally. SolvCor®: SolvCor is a patented, independently validated, and breakthrough platform for cooling and thermal storage. SolvCor Liquids are the first and only additive which increases the specific heat capacity of water. SolvCor Liquids are 3rd party independently validated to increase the specific heat capacity of water to 7.6 J/gdegK (about 1.8X improvement) and are non-toxic, non-volatile, non-flammable, and affordable. Simply adding SolvCor Liquids to the chilled water of a cooling system increases the heat capacity rate by over 80% and reduces the required chilled water temperature difference by about 46%. In new-build cooling systems, SolvCor Liquids reduce the required size of pipes and pumps by 46% and 80%, respectively. In thermal storage, SolvCor Liquids increase the energy density and thermal storage capacity by 2.17X compared to chilled water. Applications include commercial buildings, district cooling, industrial process cooling, and data centers. We are manufacturing SolvCor liquids at full scale.