Energy storage firm Highview Power has announced plans to collaborate with SNC-Lavalin to deploy energy storage solutions for utility-scale applications in North America.
The two companies will focus on developing and executing liquid air energy storage (LAES) projects in the USA and Canada that satisfy long duration energy storage requirements for utilities, independent power producers (IPP), and other energy companies.
The two companies will mutually provide comprehensive project development services including engineering, procurement, project management, construction, commissioning, and ongoing operations and maintenance (O&M).
“Highview has invested considerable time and effort vetting potential engineering, procurement, and construction management partners and we could not be more thrilled to be working with a firm of SNC-Lavalin’s caliber,” said Highview Power CEO Gareth Brett. “They have an impressive track record of utility-scale energy project deployments and we’re very confident in their ability to deliver sustainable, reliable, low cost LAES solutions that will have an expected operational lifespan of 30 to 40 years.”
Highview Power’s proprietary LAES technology is based on the principle of air liquefaction, which enables the easy storage of gases in cryogenic liquid form. The process involves a 700-fold expansion in volume from liquid back to gas, which releases the stored energy to power turbines and generate electricity.
Highview’s system is able to store energy in increments measured in days rather than hours, at half the cost of lithium-ion batteries, and is also zero emission.