POWER Magazine•28 days ago
Baker Hughes, Hydrostor Will Collaborate on CAES Projects
Key Takeaway
This partnership between Baker Hughes and Hydrostor strengthens the commercial viability and deployment potential of Advanced Compressed Air Energy Storage as a critical long-duration storage solution.
AI Summary
- •Baker Hughes and Hydrostor have formed a strategic technology solutions and equity agreement to integrate Baker Hughes' technology into Hydrostor's Advanced Compressed Air Energy Storage (A-CAES) core design.
- •This collaboration aims to enhance the technical robustness and accelerate the commercial deployment of long-duration, non-lithium energy storage solutions.
- •For developers, this partnership offers a more validated and potentially bankable technology option for grid-scale storage, crucial for firming renewable energy and improving grid stability.
- •Large power consumers stand to benefit from increased grid reliability and new options for securing stable, long-duration power supply as A-CAES projects become more prevalent.
Topics
oemstorage
Article Content
U.S.-based technology company Baker Hughes said it has a strategic technology solutions and equity agreement with energy storage group Hydrostor. The deal between the companies, announced January 28, integrates Baker Hughes' technology as part of Hydrostor's core design offering for the latter's advanced compressed air energy storage, or A-CAES, solution. The post Baker Hughes, Hydrostor Will Collaborate on CAES Projects appeared first on POWER Magazine .