Hydrostor Expands Australian Government Affairs Team with the appointment of Sara Taylor

MELBOURNE, AUSTRALIA – October 23, 2023 – Hydrostor, a leading global long duration energy storage (LDES) developer and operator, expands its presence with the appointment of Sara Taylor to direct its Government & Regulatory Affairs initiatives in Australia.

Long duration energy storage will play an increasingly important role ensuring the reliable decarbonizing of electricity systems and is set to be an essential component in Australia’s clean energy future.

Sara will play a key role in advancing clean energy policies in the Australian market, with a focus on the deployment of Hydrostor’s Advanced Compressed Air Energy Storage (A-CAES) technology. A-CAES is set to be an essential component in Australia’s flexible, secure, scalable, and affordable clean energy future.

Sara has over a decade of regulatory and compliance experience across the Australian energy sector, including roles with regulators, retailers, and network businesses. Sara was most recently working at a major Australian bank, implementing new national cyber security legislation for critical infrastructure organisations.

Based in Hydrostor’s Melbourne office, Sara will be joining Hydrostor’s team at All Energy Australia, where Chief Commercial Officer, Jordan Cole, is speaking about how states can achieve deep decarbonisation using LDES.

“We’re delighted to welcome Sara to the Australian team where she will play an important role in progressing our pipeline of LDES projects and I am looking forward to joining her and our other Australian colleagues at All Energy. The time is now to get more LDES projects underway and increase the momentum of this essential infrastructure. Australia’s clean energy transformation will only be possible with the expedient deployment of LDES technologies suited to varying durations and applications”, said Jordan Cole.

All Energy Australia is the country’s largest clean energy event and hosted in partnership with the Australian Clean Energy Council (CEC).

The following representatives from Hydrostor will also be attending All Energy Australia:

• Scott Bolton, Executive Vice President of Global Government & Regulatory Affairs
• Martin Becker, Vice President of Origination & Development (Australia)
• Jason Lew, Director of Project Development (Australia)

Hydrostor is currently developing the Silver City Energy Storage Centre (SCES) in Broken Hill, NSW, a 200MW / 1,600MWh (8 hour duration) A-CAES project that will solidify Australia as a global LDES leader.

The SCES Project will bring significant benefits to the region, including a contribution of over AUD$1B to the regional economy, opportunities for local suppliers, contractors, and service providers, and local employment, skills, and training that includes 750 direct and indirect jobs during construction and 70 ongoing jobs in operation.

About Perilya Broken Hill Limited

Perilya is an Australian base and precious metals mining and exploration company, which owns and operates the iconic Broken Hill zinc, lead, silver mine in NSW Australia and Cerro de Maimón copper, gold & silver mine in the Dominican Republic.

The Company’s operations at Broken Hill have a life of mine plan extending approximately 10 years. In addition to its mining operations, the Company has an active exploration and development program which includes exploration and development programs in the Broken Hill region NSW Australia and in the Flinders region of South Australia in the vicinity of its Beltana zinc silicate project.

The Company also has extensive exploration programs underway in the Dominican Republic with highly prospective copper, gold & silver targets near its Cerro de Maimón mine. Perilya is owned by Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd, one of China’s largest zinc producer.

About Silver City Energy Storage

The Silver City Energy Storage (“Silver City”) Project is an Advanced Compressed Air Energy Storage project capable of 200 MW generation for 8 hours duration (1600MWh). Reserve capacity of 250MWh is set aside to provide backup power during network outages. The project is located adjacent the Perilya Potosi Mine in Broken Hill, New South Wales, Australia.

Silver City will operate as a large energy storage asset, connected to the NSW grid and able to trade large quantities of energy on a daily basis. It will also act as an emission-free long-term grid reliability solution for Broken Hill and the wider region, supporting existing and new renewable energy generation, and serving communities and mining loads in the most cost-effective manner.

This Project received development funding from the NSW Government under the Emerging Energy Opportunities Program and project funding from the Australian Renewable Energy Agency (ARENA) as part of ARENA’s Advancing Renewables Program. To learn more, visit https://www.silvercityenergystorage.com/