Highview Power, currently the world’s only provider of a liquid air energy storage (LAES) technology which enables bulk, long-duration storage of energy, will get a new CEO as it targets a rollout of its systems at large-scale around the world.
A joint venture (JV) partnership to develop and construct long-duration liquid air energy storage (LAES) projects at scale in Latin America has revealed plans for its first project.
Large-scale liquid air energy storage (LAES) systems which can store and discharge energy for up to six hours are being planned in Spain by technology provider Highview Power.
Energy market mechanisms must evolve in order to support long-duration energy storage, with the existing frameworks having “significant problems” incentivising those technologies, a panel of experts has concluded.
UK liquid air energy storage (LAES) start-up Highview Power said its first ever 250MWh ‘Cryobattery’ installation will be placed at the site of a decommissioned thermal power plant in the North of England and could be Europe’s largest ‘battery’ system when completed.
The UK’s energy storage sector took “a great step forward” after completing what is thought to be the world’s first grid-scale liquid air energy storage (LAES) plant at the Pilsworth landfill gas site in Bury, near Manchester, the two companies involved have said.