London firm Highview Power Storage is seeking US projects for its liquid air energy storage (LAES) system, after being granted £1.5m ($2.03m) from the UK government’s Innovate UK programme. Highview's LAES system cools and compresses air into a liquid and stores it in a thermos-like chamber. Upon release, the liquid air expands and drives a turbine, creating electricity. Richard Riley, Highview’s business development manager for Pilsworth, said the low-cost system is ideally suited to large-scale projects, while the US is considered to have the healthiest energy storage market.
London firm Highview Power Storage is seeking US projects for its liquid air energy storage (LAES) system, after being granted £1.5m ($2.03m) from the UK government’s Innovate UK programme. Highview's LAES system cools and compresses air into a liquid and stores it in a thermos-like chamber. Upon release, the liquid air expands and drives a turbine, creating electricity. Richard Riley, Highview’s business development manager for North America, said the low-cost system is ideally suited to large-scale projects, while the US is considered to have the healthiest energy storage market.