Pecho Energy Storage Center
Broken Hill Energy Storage Centre
Gem Energy Storage Center
Goderich A-CAES Facility
Toronto A-CAES Facility
A-CAES PROJECT PIPELINE
6 GW Project Pipeline
Hydrostor has a significant project pipeline representing over 6 gigawatts (GW) and 65+ gigawatt hours (GWh) of large-scale utility and end-user applications that are well-positioned to be awarded high-value revenue contracts in the near-term. Hydrostor has focused on North America, South America, and Australia as initial target markets due to their demonstrable regulatory drivers, available contracting pathways, and fundamental market economics for long duration energy storage.
With the completion of Hydrostor’s operational and commercially contracted Goderich Facility in 2019, the company has been focused on developing A-CAES projects that exceed 200 MW and 6 or more hours of duration. With a proven delivery pathway and operational performance guarantees, Hydrostor’s pipeline is focused on large-scale applications of flexibly sited, greenfield A-CAES that will enable the energy transition to non-emitting resources by:
- Directly replacing coal & natural gas plants (as peaking capacity alternatives);
- Provide alternative to expensive and difficult to permit transmission upgrades (as non-wires alternatives), and;
- Pairing with variable renewable energy (VRE) such as wind and solar PV to provide baseload and dispatchable clean energy directly to high value customers including mines, large industrials, and data centers.
Hydrostor also expects further long-term growth in regions that demonstrate a growing need for long-duration energy storage capacity. This includes further expansion within existing markets, and new entry into select markets in Europe and Asia, that have significant needs for new electrical capacity and significant drivers for growth in clean energy.
Hydrostor already has over 1,000 MW of A-CAES projects with significant commercial off-take interest on the west coast (USA), as well as advanced engineering and development underway, in addition to a large-scale near-term opportunity with a major Canadian utility, and the 200 MW Broken Hill A-CAES Project which was recently selected as a preferred non-wires alternative by TransGrid, Australia’s largest utility.
With regular additions, the total pipeline currently includes 14 projects, many of which are expected to enter advanced development stages within the next year.