UK-based storage provider Highview Power has unveiled what it says is the world’s first modular giga-scale cryogenic battery.
Highview said its Cryobattery energy storage system is scalable “up to multiple gigawatts of energy storage and can be located anywhere”.
A commercial-academic UK consortium has secured more than £350,000 (US$454,000) of government funding to develop a liquid air energy storage (LAES) system.
Partners building material company Aggregate Industries, energy tech firm Innovatium and the University of Birmingham, said the funding would be used to take its Prisma (peak reduction by integrated storage and management of air) technology “from initial laboratory testing to full operation in an industrial environment”.
Aggregate Industries said Prisma “is an innovative LAES technology that stores energy in liquid air form to provide compressed air, allowing inefficient partially-loaded, variable-demand compressors to be turned off, thus improving the total system efficiency by up to 57%”.
A UK firm pioneering liquid air energy storage (LAES) technology, Highview Power Storage, has appointed a former investment banker as chairman as it launches a foray into the US market.
Colin Roy (pictured), a former CEO of investment bank Greenhill & Co. Europe, has joined Highview as it opens offices in New York to negotiate “its first commercial orders” in the country.
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