Highview Power has secured a £300 million investment to build the UK’s first commercial-scale liquid air energy storage (LAES) plant.
This funding comes from the UK Infrastructure Bank, Centrica and a consortium of investors including Rio Tinto, Goldman Sachs, KIRKBI and Mosaic Capital.
It goes on to say:
With a storage capacity of 300MWh and an output of 50MW per hour for six hours, construction will commence immediately, aiming for the facility to be operational by early 2026.
And
Following this initial project, Highview Power plans to develop four larger 2.5GWh facilities throughout the UK, with a projected total investment of £3 billion.
These facilities will align with the UK’s LDES support mechanisms and the National Grid‘s future energy scenario plans.
Highview Power’s LAES technology, developed over 17 years, can store renewable energy for several weeks, which is longer than battery technologies.
https://www.energylivenews.com/2024/06/ ... age-plant/
https://www.msn.com/en-gb/money/other/b ... a09c&ei=13
I think I've said here before that this sounds quite interesting. Off the shelf parts, no dodgy materials, easily constructed etc etc.
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Energy costs. Oh dear.......
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