Out of thin air: Solving the energy storage dilemma
2 Sep, 2024
Innovative solutions for long-duration energy storage are crucial as the demand for renewable energy grows. Hydrostor employs compressed air energy storage (CAES), which captures surplus electricity by compressing air in underground caverns. This method allows for energy storage over days or weeks, effectively balancing supply and demand.
Hydrostor’s technology enhances grid stability and facilitates the integration of more renewable sources. As Hydrostor’s CEO states, “We can store energy for days or even weeks, providing a reliable solution to intermittent energy production.” With the increasing need for reliable energy storage, this approach presents a promising strategy to tackle climate change challenges.