Highview Power, a provider of long-duration energy storage solutions, has contracted Tenaska Power Services Co., a provider of energy management services to generation and demand-side customers in the U.S., to identify, model, optimize and provide energy management services for up to four giga-scale cryogenic energy storage plants in the U.S. over two years.
The initial project is expected to be developed in the Electric Reliability Council of Texas (ERCOT) market.
Javier Cavada, president and CEO of Highview Power, says, “Highview is proud to work with Tenaska Power Services to develop our first projects located in the United States. They are well-respected and have an impressive track record of managing large energy assets. Tenaska’s capabilities and leadership in this market make them the ideal provider to help Highview Power scale our technology in the United States.”
According to the partners, grid operators are turning to long-duration energy storage to help increase reliability, improve power generation economics and balance the grid. At giga-scale, Highview Power says its long-duration energy storage systems paired with renewables are equivalent in performance to thermal and nuclear baseload power. The CRYOBattery, using Highview Power’s proprietary cryogenic storage technology, can deliver anywhere from 25 MW/100 MWh to more than 200 MW/1.2 GWh of energy and has a lifespan of 30-40 years.
