Energy Storage News•about 2 months ago
Liquid air energy storage startup Highview breaks ground at 300MWh UK project
Key Takeaway
The groundbreaking of a 300MWh liquid air energy storage facility signals the commercialization of long-duration, non-battery storage, opening new avenues for grid stability and revenue for developers and IPPs.
AI Summary
- •Highview has commenced construction on a 300MWh liquid air energy storage (LAES) facility in Greater Manchester, UK, marking a significant step for long-duration storage.
- •This project demonstrates the increasing viability and deployment of non-battery, grid-scale energy storage solutions, offering enhanced grid stability and flexibility.
- •The involvement of local government (Mayor Andy Burnham) underscores regional policy support for innovative energy infrastructure development.
- •For developers and IPPs, this signals growing opportunities in diverse long-duration storage technologies and potential new revenue streams from grid services and capacity markets.
Topics
interconnectpolicystorage