Canadian long-duration bulk energy storage company enters Australian market
19 Jun 2018
Hydrostor, a Canadian company specialising in advanced compressed air energy storage (A-CAES), is establishing a new head office and demonstration power plant in Australia.
The demonstration power plant, which is in late-stage development, will be located at the decommissioned Terramin Angas Zinc Mine near Adelaide, South Australia. It will be Australia’s first A-CAES system and Hydrostor plans to have the facility in service by 2019.
The facility will use Hydrostor’s emissions-free A-CAES technology, have a power rating of 5MW and an energy storage capacity of 10MWh.
Hydrostor says it was encouraged to invest in Australia by ambitious renewable energy targets set by the state, territory and federal governments; associated government policy/programs; the nation’s commitment to COP23 to reduce carbon emissions; and the 2017 National Energy Guarantee (NEG).
Greg Allen, Managing Director Hydrostor Australia, says Hydrostor’s technology can help address Australia’s electricity system needs for dispatchable capacity. This includes renewable integration and optimisation, transmission deferral, ancillary services and behind-the-meter or remote applications for mines and large industrial operations.
‘The A-CAES solution delivers low-cost, long duration bulk-energy storage from 50MW to 500MW-plus capacity, and of approximately 4 to 12 hours duration,’ says Allen. ‘This energy storage system is synchronous, flexible to locate, emissions-free and long-lasting – 30 years plus.
‘A-CAES has the added ability to repurpose retired fossil-fuel power plants or use existing mining infrastructure, which stimulates economic development in the regions where it is deployed.’
Hydrostor adds that the successful in-market demonstration of the Terramin project will facilitate the build-out of Hydrostor’s pipeline of full-scale (50MW+) projects across Australia and other international markets.
Founded in 2010, Hydrostor has completed R&D, and developed and implemented its A-CAES technology, including the world’s first A-CAES system (operating since 2015 in Toronto, Canada). It is currently constructing a second, commercially contracted A-CAES system in Ontario, Canada.