The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

advanced compressed air energy storage

February 23, 2022
The first awards of funding designed to “turbocharge” UK projects developing long-duration energy storage technologies have been made by the country’s government, with £6.7 million (US$9.11 million) pledged. 
January 27, 2022
Hydrostor believes it can get three advanced-compressed air energy storage (A-CAES) projects totalling 1.1GW/8.7GWh built in California and Australia by 2026, but regulators elsewhere need to remove barriers for A-CAES and other long-duration storage technologies to thrive, the company’s CEO has said.
January 20, 2022
Hydrostor CEO Curtis VanWalleghem talks advanced compressed air energy storage and how Goldman Sachs Asset Management came to invest US$250m in his company.
January 10, 2022
The asset management group of investment banking firm Goldman Sachs is making a US$250 million investment into advanced compressed air energy storage (A-CAES) company Hydrostor.
December 2, 2021
Advanced compressed air energy storage (A-CAES) company Hydrostor has made its second application to license a gigawatt-hour scale project as a power plant with the California Energy Commission (CEC).  
April 30, 2021
California is facing a huge shortfall of electricity capacity on its grid and advanced compressed air energy storage (A-CAES) can fill the gap, Hydrostor has proposed.
April 16, 2021
The Canadian federal government is financially supporting the development of a large-scale advanced compressed air energy storage (A-CAES) project capable of providing up to 12 hours of energy storage.
January 15, 2020
Storelectric CTO Mark Howitt puts forward the case for his company’s ‘innovative’ adiabatic compressed air energy storage, which he claims is a long duration technology complementary to other existing and advanced tech such as batteries.
January 7, 2020
While lithium-ion batteries get most of the headlines, long-duration solutions of various types are gaining ground. Alice Grundy and Andy Colthorpe profile some of the established and emerging concepts in this increasingly important field.
April 18, 2017
Compressed Air Energy Storage (CAES) company Hydrostor has introduced Hydrostor Terra — a long-duration bulk energy storage system that is expected to compete with new natural gas plants.

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