Highview Power Storage, Inc., the British firm that provides long-distance energy storage solutions, and that had tested its liquid air energy storage technology in the United Kingdom, stated its intentions of installing its very first plant in the United States. According to the firm, its CRYOBattery is nearly half the cost of utility-scale lithium-ion storage.
Yesterday, the international firm publicized its intentions of constructing, in northern Vermont, a liquid air storage plant with at least a 50 MW capacity, with the plan to store as much as eight hours of energy.
According to the statement on Highview’s official website, the location of the plant had not been finalized. The plant is expected to aid in dealing with the long-due energy transmission issues at the Sheffield-Highgate Export Interface of the electricity grid.
The London-based firm did not specify a completion date for the venture, or a tentative cost, but they revealed how Encore Renewable Energy, a renewables and energy storage firm based in Vermont, would be its United States development associate.
The vice president of Highview Power U.S.A., Salvatore Minopoli stated how Encore Renewables Energy is an ideal partner for them as they look to expand to the U.S. because of their proficiency in community scale solar PV systems, conventional battery storage applications and solutions for the redevelopment of under-used properties.
“In this largely rural area, output from existing renewable energy plants often exceeds electric demand,” the Vermont Public Utilities Commission said. “Further, the capacity of the electrical transmission lines leading out of the area is not sufficient to transport the excess power without jeopardizing the reliable operation of the electrical grid.”
Reportedly, Highview and Encore are in talks with potential utility and electricity transmission clients throughout the United States regarding the installment of its CYROBattery.