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Apr 12, 2017

Hydrostor A-CAES offers bulk energy storage at half the cost of competing battery technologies, on par with new natural gas plants

TORONTO, April 12, 2017 – Hydrostor Inc., a global leader in Advanced Compressed Air Energy Storage (A-CAES), today introduced Hydrostor A-CAES, a long-duration bulk energy storage system (hundreds of MWs, 4-12+ hours duration) that is synchronous, emissions-free and flexible to locate, including the ability to repurpose retired coal plants and leverage existing mining infrastructure.

Hydrostor A-CAES technology is uniquely suited to help address electricity system needs for dispatchable capacity, renewable integration and optimization, transmission deferral, ancillary services and behind-the-meter or remote applications for mines and large industrial operations. 

“Hydrostor A-CAES is an industry-changing breakthrough in cost-competitive bulk energy storage,” said Curtis VanWalleghem, CEO of Hydrostor. “We are engaged with several utilities and developers around the world to deploy systems rated at hundreds of megawatts, delivering gigawatt-hours of storage.” 

VanWalleghem described the market response to A-CAES as tremendously positive. “Battery technologies can’t compete with new natural gas plants, but A-CAES does. The value proposition for utilities is compelling, and for us that’s translating into projects.” 

The proprietary design of Hydrostor A-CAES gives it advantages over traditional CAES systems, which have been held back by two key limitations: they require suitable underground geological formations for siting, and rely on natural gas to generate heat that is needed during operation. The A-CAES system, by contrast, utilizes a purpose-built underground air cavity which allows for flexible siting, with low noise and minimal surface footprint making it suitable for urban areas. Because of its advanced adiabatic design, it efficiently repurposes the heat it generates during one process for use in another, making it truly emission-free.

The system works by converting off-peak electricity to compressed air, which is stored in a proprietary isobaric purpose-built underground cavity. A-CAES operates at low and constant pressure, enabling the use of bankable, utility-grade equipment to maximize efficiencies. During the “charge” cycle, heat generated from compression is stored in a patented adiabatic thermal management system. This heat is later used to increase the air temperature prior to expansion, boosting overall round-trip efficiency. At “discharge”, compressed air is converted back to electricity, on demand, at peak times. Learn more about how Hydrostor A-CAES works: hydrostor.ca    

AECOM, the world’s No. 1-ranked engineering design firm and Hydrostor’s EPC partner in the deployment of its Adiabatic A-CAES systems globally, recently completed a comprehensive technical review of the Hydrostor A-CAES technology. 

“AECOM is uniquely positioned to evaluate storage technologies for the utility sector, given the company’s expertise and extensive experience in developing and integrating new technologies within the power industry. Following our due diligence, we are excited to work together with Hydrostor in offering a complete turnkey A-CAES solution within the growing energy storage market.” said Travis Starns, Business Development Manager - Energy Storage, AECOM. 

About Hydrostor Inc.

Founded in 2010, Hydrostor is a leader in Advanced Compressed Air Energy Storage (A-CAES), a technology uniquely suited to help address electricity system needs for dispatchable capacity, renewable integration and optimization, transmission deferral, and behind-the-meter or remote applications for mines and large industrial operations. Hydrostor’s solution delivers low cost, long duration bulk energy storage (hundreds of megawatts, 4-12+ hours duration) that is synchronous, emission-free, and flexible to locate, including the ability to repurpose retired coal plants and leverage existing mining infrastructure. Learn more at hydrostor.ca.

Contact

Hydrostor:

Alex Fuentes

Vice President Business Development & Marketing

alex.fuentes@hydrostor.ca

 

AECOM: 

Travis Starns

Business Development Manager Energy Storage

travis.starns@aecom.com

Contact

info@hydrostor.ca

+ 1 (416) 548-7880

Canada Office

365 Bay Street, Suite 300
Toronto, Ontario,
Canada, M5H 2V1

Australia Office

431 King William Street, Level 13,
Adelaide, South Australia,
Australia, 5000


 

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