Hydrostor Archives - Renew Economy

Storage

Compressed air battery wins state approval for Silver City blackout fix in Broken Hill
The long duration compressed air storage project has NSW development approval and soon will have its energy market rule change too.
Rachel Williamson

Feb 25, 2025

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Battery

Australia must start valuing storage duration to solve winter demand peaks and renewable droughts
Australia needs more longer duration energy storage to fix a forecast winter demand peak when renewable supply can be low.
Rachel Williamson

Sep 16, 2024

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Commentary

Capacity Investment Scheme: Why it must play the long duration storage game
To attract more long duration energy storage, Australia must provide the right market incentives. One of the key mechanisms for doing this is the Capacity Investment Scheme.
Sara Taylor

May 22, 2024

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Storage

Goldman Sachs backs Hydrostor in race to long duration energy storage
The Canadian company behind compressed air energy storage technology being rolled out in Australia has secured a $250m investment from Goldman Sachs.
Sophie Vorrath

Jan 11, 2022

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Storage

Compressed air energy storage company secures $55m in finance
Company behind South Australian compressed-air storage project gets major secures more than $55 million in new investment, including from GE company.
Michael Mazengarb

Sep 23, 2019

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Australia’s first compressed air energy storage system gets development approval
S.A. government awards planning approval for compressed air energy storage system, a national first and another big step forward for clean energy in Australia.
Michael Mazengarb

Jul 17, 2019

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SA zinc mine to host Australia’s first compressed air energy storage demonstration
ARENA-backed project will re-purpose a zinc mine in South Australia into a 5MW/10MWh compressed air energy storage facility, to support the grid and greater use of renewables.
Sophie Vorrath

Feb 8, 2019

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Storage

Energy storage start-up targets Australia, promises compressed air technology “half the cost” of batteries
Canadian start-up claims it can deliver lowest installed cost per kWh for bulk energy storage with compressed air technology.
Sophie Vorrath

Aug 9, 2017

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