The world’s first-ever commercial liquid-air energy storage facility will begin construction this year. The 50MW/250MWh facility will be based in Greater Manchester, England.
It is being built by technology company Highview Power. The firm received a £10 million ($12.5 million) grant from the UK government for the facility's construction. The project is being called the “CRYObattery" and Highview Power was the only electricity energy storage technology company to win the Storage at Scale Competition hosted by the UK Department for Business, Energy & Industrial Strategy.
“This new cryogenic energy storage plant will deliver much needed long-duration energy storage and provide valuable services to the National Grid. We are delighted to have been chosen to assist the UK in achieving its goal of a 100% clean, carbon-free energy future," said in a statement Javier Cavada, Highview Power CEO.
Highview Power will build and operate the facility in Carrington Village at Trafford Energy Park in cooperation with Carlton Power, a UK independent power station. The facility will be one of Europe’s largest battery storage systems.
In addition to supplying energy storage, it will also provide grid services to help integrate renewable energy and ensure future energy security. This is not the only CRYObattery project that Highview Power and Carlton Power are planning.
The firms intend to co-develop up to four additional similar projects in the UK alone and have future plans to conquer the world. “We are on a fast-track to develop our cryogenic energy storage systems around the globe, and this partnership will help accelerate momentum in the European markets,” added Cavada.
The world's first CRYObattery is expected to enter commercial operation in 2022. Highview Power's cryogenic energy storage uses liquid air as its storage medium.
This makes CRYObatteries the only long-duration energy storage solution available today that can offer multiple gigawatt-hours of storage at a cost-effective price of £110/MWh ($137/MWh) for a 10-hour, 200 MW/2 GWh system.
With such a price range, CRYObatteries paired with renewables could soon replace thermal and nuclear baseloads. And considering how eco-friendly they are, this is a good thing!