Hydrostor

Hydrostor is a leader in Advanced Compressed Air Energy Storage (A-CAES), a technology uniquely suited to enable the transition to a cleaner, more reliable electricity grid. A-CAES helps address electricity system needs for dispatchable capacity, renewable integration and optimization, transmission deferral and ancillary services, and is ideal for use in behind-the-meter or remote applications for mines and large industrial operations. Hydrostor's solution delivers low-cost, long-duration, bulk energy storage that is synchronous and emission-free, and can be flexibly located, including as replacements for retired fossil fuel plants. The proprietary technology is now the leading low-cost bulk energy storage solution -- at half the cost of lithium ion batteries and 10 times the lifespan. Hydrostor has multiple projects in operation and under construction in Australia and Canada, as well as numerous projects in advanced development globally.