Dalrada kick-starts development of LikidoHOME Water Heater to boost energy efficiency and cut carbon emissions

Dalrada Financial Corp (OTCQB:DFCO) has said it is kick-starting the development of LikidoHOME, a super energy-efficient and environmentally-friendly home water heater designed by its portfolio company Likido Limited.     The San Diego, California-based group said that the LikidoHOME residential water heater improves energy efficiencies by 300% with its high temperature supercritical CO₂ micro heat pump. “Additional benefits include dramatically reducing carbon emissions and saving consumers up to 80% on energy,” said the group. With its patent-pending “drop-in” design, LikidoHOME has the potential to replace the world’s gas-fired and electric water heaters, Dalrada noted. The initial market focus is on the UK, European Union, and the US. READ: Dalrada Financial says subsidiary Prakat Solutions partnering with Dragonchain to increase business workflow efficiencies In the UK, gas boiler water heaters are to be banned by 2025 in newly built homes. By 2035, fossil fuel burning boiler water heaters will be phased out and replaced with heat pump technology and district heating. In a statement, Dalrada CEO Brian Bonar said: “LikidoHOME is a perfect example of how industries and consumers can improve quality of life, aid the environment, and work together to support climate change policy.” Dalrada said it is working on solutions for carbon emissions reduction. By reducing reliance on the combustion of fossil or biomass fuels, the group said Dalrada’s Likido created an “affordable heat pump replacement and energy transfer method for homes and businesses” to align with industries in the “global goal of achieving Net Zero by 2050.” According to the company, heating is the largest single source of carbon emissions in the UK. Currently, only one million of the UK’s 27 million homes have low-carbon heat. In the US, of the roughly 93 million homes, residential energy use accounts for 20% of greenhouse gas emissions. “LikidoHOME is small and compact for installation in the same position as conventional wall-hung water heater boilers,” noted the company, while adding that unlike other traditional heat pumps, it “can be plumbed directly into the existing pipework without modification.” Meanwhile, the group said its LikidoONE’s proprietary “low-carbon, industrial, all-in-one heating and cooling pump design” implements "supercritical CO2 as a natural non-toxic, non-flammable and CFC/HFC-free working fluid” and is used in multiple applications. Dalrada explained that “the standard approach” to providing heating and cooling in hotels has been with hot water heaters/boilers coupled with environmentally damaging HFC-based conventional chillers and cooling towers or HFC-based heat pumps. However, the beauty of the LikidoONE system is that it operates in a “combined heating and cooling mode” producing 160 kilowatt (kW) of high-grade heat, while it extracts 120kW of cooling at traditional temperatures for an electrical input of just 37kW, for a 1:8 coefficient of performance (COP). “Based on a 250-bed hotel in California, a single LikidoONE module will save an average of $110,000 a year in energy costs operating at the current exceptionally low oil prices,” pointed out the group. Contact the author Uttara Choudhury at uttara@proactiveinvestors.com Follow her on Twitter: @UttaraProactive