The Energy Storage Report 2024

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

compressed air energy storage

June 7, 2022
There’s a lot to like about the REPower EU plan, writes Patrick McClughan of long-duration energy storage company Corre Energy.
June 1, 2022
A 300MWh compressed air energy storage system capacity has been connected to the grid in Jiangsu, China.
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. 
February 9, 2022
An eight-hour duration lithium-ion battery project was recently selected as a long-duration energy storage resource by a group of energy suppliers in California. Girish Balachandran, CEO of Silicon Valley Clean Energy, tells us about the deal and what it signifies.
November 24, 2021
Approval is being sought for a 400MW advanced compressed air energy storage (A-CAES) project with eight hours of storage to be built in California by technology provider Hydrostor. 
November 26, 2019
Developer NRStor and technology provider Hydrostor have completed work on a multi-megawatt, commercial, advanced compressed air energy storage (A-CAES) system in Canada.
May 30, 2019
Mitsubishi Hitachi Power Systems (MHPS) and Magnum Development, owner and operator of the only known “Gulf Coast” style domal-quality salt formation in the western US, have launched an initiative that will see the start of the development for the Advanced Clean Energy Storage (ACES) project in central Utah. Tabbed by MHPS as the world’s largest project of its kind, the ACES initiative will develop 1GW of renewable energy storage.
February 12, 2019
The Australian Renewable Energy Agency (ARENA) has approved A$6 million of funding for the country’s first compressed air energy storage (CAES) project.
August 10, 2017
Compressed Air Energy Storage (CAES) company Hydrostor announced Tuesday that it has sought the services of Australian global infrastructure firm AECOM to support its entry into the market.
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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