Emerging tech must prove it can outcompete the incumbent, writes Sightline Climate analyst Lukas Karapin-Springorum, outlining the state of play in LDES technology today.

Toronto, Ontario-headquartered Hydrostor has received planning approval for a 200MW/1,600MWh advanced compressed air energy storage (A-CAES) project in New South Wales, Australia.

Installation work has started on a compressed air energy storage project in Jiangsu, China, claimed to be the largest in the world of its kind.

Some long-duration energy storage (LDES) technologies are already cost-competitive with lithium-ion (Li-ion) but will struggle to match the incumbent’s cost reduction potential.

Large-scale long-duration energy storage (LDES) projects have been launched near Cyprus and in the UK, using technologies from BaroMar and RheEnergise that are an iteration of established LDES technologies.

The number of long-duration energy storage (LDES) technologies that will commercialise for applications beyond 24 hours ‘can be counted on one hand’, the CEO of compressed air energy storage (CAES) developer Corre Energy said in an interview.

Dublin-listed compressed air energy storage (CAES) project developer Corre Energy has hired investment bank Rothschild to explore the possibility of private investment in the firm.

A compressed air energy storage (CAES) project in Hubei, China, has come online, with 300MW/1,500MWh of capacity.

We catch up with the president of Canada-headquartered Hydrostor, Jon Norman, about the firm’s advanced compressed air energy storage (A-CAES) tech, current projects, future plans and being a developer versus system integrator.

Energy storage executives from global assurance and risk management provider DNV analyse the UK government’s proposal to kickstart investment into long-duration energy storage (LDES).