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RASEI Graduate Jake Perez (Shaheen Group) and Advanced Thermovoltaic Systems Team Win 2024 Earthshot Prize to Transform Our Planet

Pioneering Energy Solution Converts Industrial waste Heat into Clean Electricity, Revolutionizing Global Energy Use

The Earthshot Prize, inspired by President John F. Kennedy’s “Moonshot” challenge in 1962 to land a man on the moon, was launched by Prince William in 2020 to search for, and scale, the most innovative solutions to the world’s greatest environmental needs. The aim is to unleash the urgent optimism required to accelerate and scale the environmental innovations that will repair and regenerate our planet. In 2024 there were over 5,000 nominations across five categories. One of the 20 winners was the Advanced Thermovoltaic Systems (ATS) team, including Jake Perez, a RASEI alum.

The ATS team was awarded the distinguished 2024 Earthshot “Fix Our Climate” prize for their transformative efforts against climate change. Chosen from 5,342 nominations across 141countries, this prestigious award was recently celebrated at the Earthshot Prize ceremony in Cape Town, that brought together global stakeholders in the fight to save the climate, including Prince William and Sir David Attenborough.

Waste heat is everywhere. Globally, of the energy used to power the industries that the world needs, such as cement and steel, approximately 60% is simply lost as waste. This wasted heat is the equivalent of the energy used by 4 billion homes, twice the number of homes that are on the planet. It is a huge economic and environmental cost. ATS’s revolutionary technology has the potential to redefine the energy sector by tackling the colossal challenge of industrial waste heat, by changing perspectives and considering this ‘waste heat’ as an untapped resource.

ATS has developed a solid-state approach to harness electricity from waste heat, eliminating the resilience on moving parts. This is a shift from traditional turbine-approaches that are complex, have a lot of moving parts and can often rely on hazardous chemicals. The ATS cartridge system is designed for seamless integration across a wide range of industrial applications. You can learn more about the team and the technology that they are developing on this short video.

Congratulations to Jake Perez, who is a RASEI alumni from the Shaheen Group, and the whole team at ATS! Excited to see what is next!