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Hydrostor Will Build Compressed Air Storage for the Australian Grid

18 Feb, 2019

  • We are revolutionizing Australia’s grid storage market by introducing a novel compressed-air storage device in South Australia.
  • Our innovative technology addresses the limitations of lithium-ion batteries, particularly for long-duration storage needs arising from wind and solar power fluctuations.
  • Our system involves pumping air into an underground cavern, utilizing water to maintain constant pressure. Unlike traditional compressed-air storage methods reliant on specific geological features, we excavate our own caverns, expanding the technology’s potential sites.
  • With government support and funding, including $6 million from the Australian Renewable Energy Agency, we showcase project at the Angas Zinc Mine aims to demonstrate the commercial viability of its solution.
  • This venture not only enhances grid stability but also lays the groundwork for larger-scale projects worldwide, potentially reaching capacities of up to 500 megawatts.

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