Turn Industrial Waste Heat into On-Site Electricity
NISO Energy is developing modular thermoelectric systems using solid-state conversion elements for suitable high-temperature industrial heat sources—beginning with steel. The technology is intended to convert part of that otherwise-unused heat into electricity for use at the host facility.
NISO is seeking qualified industrial hosts for feasibility assessment and pilot collaboration.
Gen-1 module demonstrated in laboratory conditions · Integrated panel and steel pilot preparation are the next steps
Illustrative — not an installed NISO system.
Recover Value from Industrial Heat That Is Still Left Unused
Many industrial facilities already recover some heat. However, radiant surfaces, exposed hot structures, ducts and moving product can leave high-temperature energy difficult to recover with conventional systems. Where heat quality, access, cooling and operating profile align, NISO aims to convert part of that energy into on-site electricity.
Suitable waste heat can become a productive on-site energy resource.
From Waste Heat to On-Site Electricity
Heat flowing through thermoelectric materials from a hot side to a cooled side creates a DC voltage through the Seebeck effect. Effective conversion requires controlled heat capture, continuous cold-side heat rejection and electrical conditioning before the generated power can be used by the facility.
Industrial heat source
Furnaces, exhaust, hot surfaces
Heat-capture interface
Controlled thermal coupling
Thermoelectric module array
Solid-state conversion element
Cold-side heat rejection
Required cold-side heat rejection
DC collection and power conditioning
DC → AC conversion
On-site electrical load
Power used at the host facility
Industrial heat source
Furnaces, exhaust, hot surfaces
Heat-capture interface
Controlled thermal coupling
Thermoelectric module array
Solid-state conversion element
Cold-side heat rejection
Required cold-side heat rejection
DC collection and power conditioning
DC → AC conversion
On-site electrical load
Power used at the host facility
For initial projects, NISO prioritizes configurations that can be installed with minimal interference with the host facility's core production process.
Project Revenue + Recurring Performance Revenue
NISO develops and supplies industrial heat-to-power solutions. Commercial projects may include a one-time Project & Technology Fee, ongoing asset-support services and performance-linked revenue based on verified net electricity generation.
Project ownership and financing may be structured with the industrial host or third-party financing partners, depending on the project.
Detailed pricing, ownership, insurance, maintenance, performance measurement and risk-allocation terms are defined in the final project agreement. Subject to technical feasibility, project economics, financing and mutually agreed commercial terms.
You provide the waste heat. NISO develops the power solution. Together, we structure the commercial model that fits the site.
- 1Project & Technology Fee — one-time project revenue.
- 2Asset Support & Service — ongoing lifecycle support.
- 3Verified Net Electricity — recurring performance-linked revenue.
- 4Flexible ownership: commercial assets may be funded by the host or third-party financing partners.
No purchase commitment required
No purchase commitment is required for the initial pilot-fit discussion. Feasibility work, pilot activity and commercial deployment proceed only under separately agreed scope, responsibilities, funding and commercial terms.
Six Stages from Heat Source to Delivered Power
Screen
Determine initial fit and identify the information required.
Assess
Review the heat source, operating profile, access, cooling, integration requirements and preliminary economics.
Define
Agree on responsibilities, funding, measurements and success criteria.
Pilot & Validate
Install and monitor an agreed pilot configuration.
Verify
Review measured performance, reliability and operating results.
Commercialize & Scale
If technical and financial requirements are met, NISO and the host define the appropriate ownership, financing and commercial structure for deployment.
Screen
Determine initial fit and identify the information required.
Assess
Review the heat source, operating profile, access, cooling, integration requirements and preliminary economics.
Define
Agree on responsibilities, funding, measurements and success criteria.
Pilot & Validate
Install and monitor an agreed pilot configuration.
Verify
Review measured performance, reliability and operating results.
Commercialize & Scale
If technical and financial requirements are met, NISO and the host define the appropriate ownership, financing and commercial structure for deployment.
What Makes a Strong NISO Opportunity?
NISO is currently prioritizing facilities with the following characteristics:
- Continuous or near-continuous waste-heat output
- Measurable source conditions that can be characterized and monitored
- Practical cold-side heat rejection — air, water or other
- Physical access for equipment installation and maintenance
- Electrical infrastructure to receive generated power
- Operator willingness to share operational data during pilot
Industries of interest
Leadership and Development Network
Founder-led commercialization supported by recognized thermoelectric expertise and a network of materials, manufacturing and product-development collaborators.
Jozsef Bogdan
Founder & CEO
Leads NISO's strategy, industrial partnerships, pilot development and path to commercialization.
Prof. Terry M. Tritt
Scientific Advisor
An internationally recognized thermoelectric materials expert and Alumni Distinguished Professor Emeritus of Physics at Clemson University. With more than 190 peer-reviewed publications, he advises NISO on materials, characterization and technical validation.
Research, Development & Commercialization Network
Roles shown reflect current research, development or support relationships and do not imply institutional endorsement.
Research and Scientific Advisory
McMaster University
Thermoelectric materials research, synthesis and characterization
University of Waterloo
Thermoelectric materials research and scientific collaboration
University of Toronto
Technical collaboration supporting thermoelectric materials research.
Toronto Metropolitan University
Commercialization support through the Clean Energy Zone
Materials, Manufacturing and Product Development
CanmetMATERIALS
Materials and module validation
California Nanotechnologies
Interim manufacturing support
FYELABS / McMaster Innovation Park
Product-development support
Start a Conversation
Industrial Partners
Share information about your facility and heat sources for a preliminary fit assessment.
Industrial Inquiry →Investors
Request our current technical summary, development status and investment information.
Investor Inquiry →Technology Partners
Discuss collaboration on thermoelectric systems or industrial heat recovery.
Partner Inquiry →Inquiries may also be directed to [email protected]