Hydrostor, a private company founded in 2010 and based in Toronto, Canada, is the world’s leading developer of utility-scale energy storage facilities.
Hydrostor’s proprietary Advanced Compressed Air Energy Storage (A-CAES) product improves on the mature Compressed Air Energy Storage (CAES) technology by eliminating emissions, increasing efficiency, and providing location flexibility.
Hydrostor is uniquely situated to provide long duration, non-emitting, cost-effective energy storage enabling direct replacement of fossil generation, deferral of costly transmission investments, and greater integration of renewable generation as the grid decarbonizes.
A-CAES achieves this by offering equivalent large-scale energy storage with the low cost, long duration, and long life of pumped hydro but with a key advantage of being able to flexibly site where needed and without the environmental impacts. By leveraging proven construction techniques with known standard equipment and using only water, gravity, and air – Hydrostor offers a bankable product that we are working with global EPC firms and partners to deliver around the world.
The Future of Replacing Coal and Gas with Renewable Energy
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