1. Grid-Scale Energy Storage Firm to Launch Two US Projects in 2019

    Grid-Scale Energy Storage Firm to Launch Two US Projects in 2019

    As liquid air energy storage company Highview Power prepares to launch two US projects this year, an official said Thursday, the company has teamed up with engineering firm Citec to help scale its storage facilities from 50 MW/500 MWh to multiple GWh. Though Cavada could not discuss specific locations or customers, he said Highview is looking at the wind corridor that runs through the Midcontinent Independent System Operator's territory, as well as California, Texas and New York.

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    1. We will be starting two projects between 50 MW and 100 MW in the US this year.
    2. It's ideal to mix the technology with renewable generation, but it can be located anywhere.
    3. Our cryogenic energy storage systems are equivalent in performance to - and could replace - a fossil fuel power station.
    4. It can be installed in more locations than pumped storage or compressed air storage technologies. However, relatively low round-trip efficiency expected at around 50-60% will limit the revenue potential from price arbitrage on wholesale markets, challenging its economics in the short term despite its anticipated low installed cost.
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    1. Electricity Source:

      Solar Photovoltaic, Wave, Tidal, Hydro, Wind
    2. Storage Market:

      Commercial & Industrial, Military, Residential & Community & Microgrid, Smart Grid, Utility Grid, Vehicle-to-Grid/Home
    3. Storage Technology:

      Compressed Air/Gas, Flow Battery, Flywheel, Hydrogen, Lead, Liquid Metal, Lithium, Magnesium, Mechanical Storage, Nickel, Pumped Hydro, Sodium, Supercapacitors, Thermal, Vanadium, Zinc
    4. Article Types:

      Null, Reports and Conferences