compressed air energy storage caes News
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In Utility Scale Energy Storage, Pumped Hydro Storage and CAES Lead the Way: SBI Bulletin
As the most widely implemented power-sector energy storage technology worldwide, pumped hydro storage (PHS) offers the largest amount of GW/hour. According to a recent SBI Bulletin, compressed air energy storage (CAES) closely follows as a massive generator of electricity. "SBI Bulletin: Utility Scale Energy Storage Technologies" provides insight into major energy storage technologies that are ...
By SBI Reports
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Smart Grid Renewables Integration Market Skyrockets Over 300%, to Reach $13 billion by 2018
FARMINGTON, Conn., June 4, 2012/PRNewswire-iReach/ -- Global Information Inc. is pleased to announce the availability of two important new green energy distribution and storage market research reports: Smart Grid Renewables Integration - Transmission Upgrades, Energy Storage, Demand Response, Virtual Power Plants, and Microgrids as Enablers of Renewable Energy on the Grid Smart grid ...
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Fraunhofer Tests a New Underwater Energy Storage Concept
The Fraunhofer Institute is planning to test a new storage concept in a German lake before the end of this year. The storage idea, which involves placing hollow concrete globes on sea or lake beds, resembles an underwater balloon technology already developed by Ontario, Canada-based Hydrostor. In reality, the two concepts are quite different, however. While Hydrostor’s balloons use water ...
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Electric Energy Storage Systems to Enhance Electric Grid Reliability and Support Expanded Renewable Energy Usage, States Frost & Sullivan
Electric energy storage systems are crucial for the further development and transformation of a range of sectors, including renewable energy, automotive, grid stabilization, smart grid, back-up power and portable devices. Big scale, reliable and durable electric energy storage technologies will enhance the usage and commercial attractiveness of intermittent renewable energy sources, such as wind ...
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EU Invests 444 Million in Key Energy Infrastructure
Today (2/17) EU Member States agreed on the Commission's proposal to invest 444 million in priority European energy infrastructure projects. The 18 selected electricity, smart grids and gas projects are seen as contributing to achieving the Energy Union's goals by connecting European energy networks, increasing security of energy supply, and contributing to the sustainable development by ...
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Gaelectric completes $84 million funding round for on-shore wind energy portfolio in Ireland
Renewable energy generation and energy storage group, Gaelectric, has raised $84 million in funding for its portfolio of on-shore wind energy projects on the island of Ireland. The portfolio comprises 164 MW of generation capacity across 13 projects which the Group plans to develop out by 2017, representing a total investment in the region of $325 million. Gaelectric is developing a further ...
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Siemens eyes low-cost long-duration energy storage with new thermal system
he system is aimed to store energy “significantly below” €0.10/KWh in large-scale deployment, depending on the exact nature of the storage application or services involved, Till Barmeier, program manager for the project at Siemens, told Energy Storage Update. The system combines established steam turbine technology with packed-bed heat storage. After having been converted to ...
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Hydrostor Announces Australia’s First Compressed Air Energy Storage Facility, Advances Global Pipeline of Utility-Scale Projects
Hydrostor Inc., a leader in Advanced Compressed Air Energy Storage (A-CAES), is pleased to announce that its subsidiary, Hydrostor Australia Pty Ltd, has been awarded a combined total of $9 million of grant funding for Australia’s first A-CAES project, to be sited at a mine outside of Adelaide—the Angas Zinc Mine. The project represents a key milestone in the advancement of ...
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Hydrostor Announces Close of US$37 Million Growth Financing
Hydrostor, a leading developer of Advanced Compressed Air Energy Storage (A-CAES) projects, announced today the closing of US$37 million (C$49 million) in growth financing. RBC Capital Markets acted as Hydrostor’s advisor on the transaction. Meridiam, the global developer, asset and fund manager specializing in sustainable infrastructure and energy transition projects, has formed a ...
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Hydrostor and NRStor Announce Completion of World’s First Commercial Advanced-CAES Facility
Hydrostor, the world’s leading developer of Advanced Compressed Air Energy Storage (A-CAES) projects, in partnership with NRStor Incorporated, a diversified Canadian energy storage project developer, announce the completion of the Goderich A-CAES Facility, located in Goderich, Ontario, Canada. The plant represents a pivotal advancement in long-duration energy storage and a world first in ...
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