Berkeley-based Alphabet Energy has been around for just a year now, a seemingly short time. On Tuesday the company announced $1 million in seed money to develop prototype devices of their proprietary thermoelectric technology.
The technology harnesses excess heat and turns it into electricity. The incremental add in electric volume has enormous potential to create additional energy on a large scale. While the science is nothing new — it’s a recognized idea in science that creating electricity produces excess heat — Alphabet Energy claims that their technology has the “possibility of offsetting as much as 500 million metric tons of carbon per year.”