Highview Power, the global leader in long-duration energy storage solutions, has partnered with Carlton Power, a UK independent power station developer, to build and operate the first commercial CRYOBattery facility in Trafford Energy Park, just outside of Manchester, UK.
Construction of the CRYOBattery facility has already started and is expected to enter commercial operation in 2022.
To aid the UK in reaching its goal of reaching net zero green gas emissions by 2050, Highview Power was awarded a £10 million grant from the UK Department for Business, Energy, and Industrial Strategy (BEIS) to build and operate the CRYOBattery, 50 MW cryogenic energy storage facility. This grant will be added to the £35 million investment from Sumitomo Heavy Industries, part of which will go towards the development of this project.
According to a press release from Highview Power, the CRYOBattery facility, set to become one of Europe’s largest battery storage systems, can aid the UK in reaching its decarbonisation goals by supplying clean, reliable, and cost-efficient long-duration energy storage. Also, the facility will provide grid services to help integrate renewable energy, stabilize the regional electrical grid, and ensure future energy security during blackouts and other disruptions.
Highview Power and Carlton Power plan to co-develop up to four additional CRYOBattery™ projects in the UK, totalling over 1 GWh.
Javier Cavada, CEO, Highview Power, said:
“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.”
Kwasi Kwarteng, Minister of State, UK Department for Business, Energy, and Industrial Strategy, said:
“This revolutionary new CRYOBattery facility will form a key part of our push towards net zero, bringing greater flexibility to Britain’s electricity grid and creating green collar jobs in Greater Manchester. Projects like these will help us realise the full value of our world-class renewables, ensuring homes and businesses can still be powered by green energy, even when the sun is not shining and the wind not blowing.”
CRYOBatteries have the potential to replace thermal and nuclear power
Highview Power’s cryogenic energy storage systems uses liquid air as the storage form, which is the only long-duration energy storage solution available today, that provides multiple gigawatt hours of storage, weeks’ worth of storage not the typical hours or days.
According to a press release from Highview Power, grid operators are turning to long-duration energy storage to improve power generation economics, balance the grid, and increase reliability. CRYOBatteries support electricity transmission and distribution systems while providing additional security of supply.
CRYOBatteries with renewable energy is the equivalent in performance to thermal and nuclear baseload power and has the potential to even replace them.
A press release from Highview Power informs, at approximately £110/MWh for 10 hours, 200 MW / 2 GWh system, the CRYOBattery offers a competitive levelized cost of storage for large-scale applications.