Hydrostor is a leading global developer and operator of long duration energy storage projects, with a team of dedicated clean energy professionals committed to a proven proprietary technology that can cut carbon pollution at scale.
Hydrostor is backed by Goldman Sachs Asset Management, Canada Pension Plan Investment Board, and other forward-thinking investors, providing us with the financial strength and security to commit to high impact clean energy projects.
Entirely fuel-free, the plant produces zero greenhouse gas emissions, and helps enable a cleaner, more affordable, and more flexible electricity grid.
With 1.75 megawatts (MW) of peak power output; a 2.2 MW charge rating; and 10+ megawatt-hours (MWh) of storage capacity, this utility-scale commercial application of A-CAES technology is a significant achievement, conforming to all interconnection, uptime, performance and dispatch standards as set out by the IESO.
Hydrostor’s Goderich energy storage facility proves out the ability of Hydrostor’s A-CAES technology to fully participate in and deliver a range of valuable grid services to electricity markets.
Contributing to deeper understanding of commercial A-CAES facilities at utility scale, corroborating performance and operational metrics, and supporting research in partnership with regional academic institutions.
Facility is fuel free, enabling the province to utilize surplus baseload electricity as a fuel source to provide cost-effective and valuable generating capacity for Ontario.
Supporting economic diversification in cleantech alongside significant construction expenditures and related jobs within the community.