We ended the first half of the year with a bang!⚡ Read our Q2 newsletter to see the significant progress that our growing team has made over the last 3 months! https://lnkd.in/dAZi4mdz Stay in the loop with all things Hydrostor by subscribing to "On the CAES”! Visit our website and join the #Hydrostor community. #SubscribeNow #RenewableEnergy #EnergyStorage #Sustainability
Hydrostor
Renewable Energy Power Generation
Toronto, Ontario 18,982 followers
Developing affordable, low impact, emission free #longduration energy storage using compressed air, gravity, and water
About us
Hydrostor is a leading developer and operator of long-duration energy storage systems. Hydrostor leverages a proven technology solution for delivering long-duration energy storage (eight hours or more) to power grids around the world. Hydrostor’s technology uses compressed air and water to store energy. This patented technology allows grid operators to draw on clean energy, even when there is no sun to fuel solar panels and no wind to generate energy from turbines. Hydrostor has a successful utility scale facility commercially contracted to the Independent Electricity System Operator (IESO) located in Goderich, Ontario, and two advanced projects under development in Kern County, California and New South Wales, Australia. Hydrostor has an extensive early-stage pipeline of projects in North America, Australia and Europe. Founded in 2010 and with headquarters in Toronto, Canada and offices in Melbourne, Australia and Sacramento, USA, Hydrostor is backed by Goldman Sachs Asset Management, the Canada Pension Plan (CPP) and other forward-thinking institutional investors, providing financial security to commit to top-tier energy projects.
- Website
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http://hydrostor.ca
External link for Hydrostor
- Industry
- Renewable Energy Power Generation
- Company size
- 51-200 employees
- Headquarters
- Toronto, Ontario
- Type
- Privately Held
- Founded
- 2010
- Specialties
- Compressed Air Energy Storage, Bulk Energy Storage, Flexible Generation, Surplus Baseload Generation, and Flexible Site Selection
Locations
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Primary
333 Bay St
Toronto, Ontario M5H 2R2, CA
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1125 17th St
Denver, Colorado 80202, US
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420 St Kilda Rd
Level 8
Melbourne, Victoria 3004, AU
Employees at Hydrostor
Updates
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“Hydrostor’s longer duration storage tech is ‘bankable’ today but ‘not every market is ready” said our CEO Curtis VanWalleghem, who recently spoke with Utility Dive’s Brian Martucci about Hydrostor's Advanced Compressed Air Energy Storage Technology (A-CAES) including its benefits, applications in enhancing grid reliability and resilience, and the future of energy storage markets. It is becoming increasingly clear that long duration energy storage systems like Hydrostor’s A-CAES technology will play a key role in shaping a sustainable and reliable energy future. 🌱💡 🔗 Read the full article: https://lnkd.in/gMvsXRgc? #EnergyStorage #Sustainability #Innovation #RenewableEnergy #TechBreakthrough #Hydrostor
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🎆 Happy US Independence Day! 🎆 Wishing our colleagues, friends and partners in the US a day filled with memorable moments with loved ones and fireworks! Let's celebrate the spirit of independence and remember the importance of freedom and unity. #IndependenceDay #FourthOfJuly #Celebration
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“New mandates for long duration energy storage in the US and beyond are paving the way for a technology that may soon out-compete both lithium batteries and pumped storage.” Karin Rives recently spoke with Curtis VanWalleghem for @S&P Global. Click the link to read the full article: https://lnkd.in/gF46q5AK #EnergyStorage #Renewables #Innovation #LDES
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Join Hydrostor’s President Jon Norman, and Sara Taylor, Director of Regulatory & External Affairs (Australia), at Clean Energy Council’s Australian Clean Energy Summit in Sydney. They will be discussing the critical role of Long Duration Energy Storage (#LDES) technologies and applications as a proven pathway to decarbonizing the electric grid. Connect with Scott Bolton, Jason Lew, Shaheer Aziz, Martin Becker, and Ryan Moore on the ground, or reach out to us at contact@hydrostor.ca. We look forward to seeing you there! #ACES2024 #RenewableEnergy #EnergyStorage #CleanEnergy #Sustainability #Hydrostor #Australia
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Celebrating Canada Day! Today, we come together to celebrate the rich history, diverse culture, and incredible spirit of Canada. Let's take this opportunity to appreciate the beauty of this great nation and the values we share. Wishing everyone a memorable Canada Day filled with pride, happiness, and unity. #CanadaDay #Celebration
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Yesterday, Scott Bolton spoke at the inaugural American Clean Power Association (ACP) RECHARGE conference in Portland, Oregon, where he discussed the importance of 8+ hour duration storage, supply chain availability, and the policy environment that is needed for large scale adoption. As electricity grids around the world transition to intermittent renewable energy, building diverse energy storage technologies that ensure reliability and offer distinct characteristics is crucial. Scott emphasized the importance of non-lithium solutions and the mission behind Hydrostor’s DNA, deploying highly-scalable LDES projects globally that repurpose existing workforces and supply chains for a cleaner, safer future. Thanks for an engaging session that was moderated by Kate Howling, P.E. (U.S. Department of Energy (DOE), and joined by panelists RJ Johnson (Form Energy), and Mimi Walters (EOS).
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We had a great session yesterday at the Reuters Global Energy Transition Conference, where our CEO Curtis VanWalleghem joined Owen Rolt for a fireside chat to discuss the future of energy storage amidst growing electricity demand and decarbonization goals. Curt emphasized the critical need for Long Duration Energy Storage (LDES) to ensure grid reliability, as more intermittent renewable generation comes online and fossil fuel generation is retired, providing details on Hydrostor’s advanced projects and our global pipeline. Thank you to everyone who joined! #EnergyTransition #LDES #RenewableEnergy #Decarbonization #CleanEnergy
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📬 Join Hydrostor's journey with our quarterly newsletter! 📬 Stay updated on the significant strides our team is making. Our quarterly newsletter "On the CAES" offers exclusive insights into our innovative projects and latest advancements. Subscribe now and become part of the #Hydrostor community! 👉 Sign up through the main page of our website at the footer: https://hydrostor.ca/ #SubscribeNow #RenewableEnergy #EnergyStorage #Sustainability
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Achieving net-zero by 2050 hinges on renewables capacity tripling between now and the end of the decade. Long duration energy storage (LDES) is key to making this possible. Catch our Senior Vice President of Engineering Andrew McGillis at the ASME (The American Society of Mechanical Engineers) Turbo Expo in London from June 24 - 28, as he discusses the integration of #LDES into industrial and grid systems. Additionally, our EVP of Global Policy & Regulatory Affairs Scott Bolton will be at the American Clean Power Association (ACP) Recharge Conference in Portland from June 26 – 28 as he explores #LDES commercialization and supply chain development. We'll also be exhibiting at ACP Recharge: send us a message to connect! We look forward to engaging with industry professionals and driving the future of sustainable energy. 🌍💡 #EnergyStorage #LDES #ASMETurboExpo #ACPRecharge #SustainableEnergy