Highview Power
 | |
| Company type | Private |
|---|---|
| Industry | Energy storage |
| Headquarters | London, UK |
Key people | Colin Roy (Chair)[1] Richard Butland (CEO) |
| Website | highviewpower.com |
Highview Power is a long-duration[2] energy storage pioneer, specialising in liquid air energy storage (LAES). LAES stores excess renewable energy by cooling air to a liquid and then converting back to renewable energy when there is demand from the grid.
It is based in the United Kingdom, with an office in Central London as well as 2 international offices (Dubai and Australia).
In June 2024 Highview Power secured the backing of the UK Infrastructure Bank and the energy industry leader Centrica with a £300 million investment for the first commercial-scale liquid air energy storage (LAES) plant in the UK.
The £300 million funding round was led by the UK Infrastructure Bank (UKIB) and the British multinational energy and services company Centrica, alongside a syndicate of investors including Rio Tinto, Goldman Sachs, KIRKBI and Mosaic Capital.
The investment will enable the construction of one of the world’s largest long duration energy storage (LDES) facilities in Carrington, Manchester, using Highview Power’s proprietary LAES technology. Once complete, it will have a storage capacity of 300 MWh and an output power of 50 MW for six hours. Construction will begin on the site immediately, with the facility operational in early 2026, supporting over 700 jobs in construction and the supply chain.
Technology
[edit]The company has been developing the technology over the last 17 years and it is proven, ready and scalable – we have already built two plants including a grid-scale demonstration.
Awards
[edit]- Ashden Award for Energy Innovation[3]
- Global Frost & Sullivan Award for Technology Innovation[4]
- The Engineer Innovation Award[5]
Partners
[edit]Academic
[edit]- Centre for Cryogenic Energy Storage, University of Birmingham[6]
- University of Brighton[7]
- University of Leeds[8]
Industry
[edit]See also
[edit]References
[edit]- ^ Bounds, Andy (4 June 2018). "World's first liquid air energy storage plant opens near Manchester". Financial Times. Nikkei inc. Retrieved 24 April 2022.
- ^ Stubbe, Richard (4 September 2018). "Highview Power CEO Cavada Ready to Fill Energy Gap". BNEF. Bloomberg. Retrieved 23 December 2019.
- ^ "Ashden Winners". Ashden. Retrieved 23 December 2019.
- ^ "Frost & Sullivan Applauds Highview Power's Technological Expertise..." PR Newswire. Cision. Retrieved 23 December 2019.
- ^ Nathan, Stuart (22 October 2019). "Highview Power to build Europe's largest energy storage plant". The Engineer. Retrieved 23 December 2019.
- ^ "University research to develop technologies which could transform electricity system". University of Birmingham. Retrieved 23 December 2019.
- ^ "World first – storing energy in liquid air". University of Brighton. Retrieved 23 December 2019.
- ^ a b c "Liquid Air Energy Storage at city scale" (PDF). University of Leeds. Retrieved 23 December 2019.
- ^ a b "The 2011 Energy & Environment Winner". The Engineer. 12 February 2011. Retrieved 23 December 2019.
- ^ Owen-Jones, Jemima (10 January 2019). "Citec to provide engineering for Highview Power..." Gasworld. Retrieved 23 December 2019.
- ^ Khan, Sania. "Highview Power signs contract with Tenaska for storage projects in Texas". S&P Global. Retrieved 23 December 2019.
- ^ "£8 million boost for energy storage innovation". gov.uk. HM Government. Retrieved 23 December 2019.