As we reflect on Q3, we’re proud of the steady progress we've made across our initiatives. Check out our latest newsletter to stay updated on our journey and ongoing efforts: https://lnkd.in/gmq4uvfQ Stay in the loop with all things Hydrostor by subscribing to "On the CAES"! Visit our website and join the community to keep up with the latest in renewable energy and energy storage. #SubscribeNow #RenewableEnergy #EnergyStorage #Sustainability"
Hydrostor
Renewable Energy Power Generation
Toronto, Ontario 21,503 followers
Developing affordable, low impact, emission free #longduration energy storage using compressed air, gravity, and water
About us
Hydrostor is a leading developer and operator of long-duration energy storage systems. Hydrostor leverages a proven technology solution for delivering long-duration energy storage (eight hours or more) to power grids around the world. Hydrostor’s technology uses compressed air and water to store energy. This patented technology allows grid operators to draw on clean energy, even when there is no sun to fuel solar panels and no wind to generate energy from turbines. Hydrostor has a successful utility scale facility commercially contracted to the Independent Electricity System Operator (IESO) located in Goderich, Ontario, and two advanced projects under development in Kern County, California and New South Wales, Australia. Hydrostor has an extensive early-stage pipeline of projects in North America, Australia and Europe. Founded in 2010 and with headquarters in Toronto, Canada and offices in Melbourne, Australia and Sacramento, USA, Hydrostor is backed by Goldman Sachs Asset Management, the Canada Pension Plan (CPP) and other forward-thinking institutional investors, providing financial security to commit to top-tier energy projects.
- Website
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http://hydrostor.ca
External link for Hydrostor
- Industry
- Renewable Energy Power Generation
- Company size
- 51-200 employees
- Headquarters
- Toronto, Ontario
- Type
- Privately Held
- Founded
- 2010
- Specialties
- Compressed Air Energy Storage, Bulk Energy Storage, Flexible Generation, Surplus Baseload Generation, and Flexible Site Selection
Locations
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Primary
333 Bay St
Toronto, Ontario M5H 2R2, CA
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1125 17th St
Denver, Colorado 80202, US
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420 St Kilda Rd
Level 8
Melbourne, Victoria 3004, AU
Employees at Hydrostor
Updates
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Today, September 30 is National Day for Truth and Reconciliation in Canada. This is a day to acknowledge the tragic history and experiences endured by Indigenous peoples in Canada over centuries. National Day for Truth and Reconciliation serves as a reminder of our collective responsibility to confront the past, embrace the truth, and work towards a more inclusive and compassionate future for all. #TruthAndReconciliation #NationalDay
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Smart Energy International published an op-ed by Oonagh O Grady, Hydrostor’s VP of International Origination, discussing the crucial role of long duration energy storage (LDES) in grid stability and decarbonization. The piece highlights Hydrostor’s Advanced-Compressed Air Energy Storage (A-CAES) technology, which provides 8-24+ hours of storage without reliance on scarce minerals, offering a sustainable and reliable solution to support the energy transition. A typical 500 MW A-CAES facility can power 400,000 homes, create 700 construction jobs, and abate 45 million metric tons of CO2 over 50 years. #LDES is critical for integrating renewable energy at scale and supporting a reliable, cost-effective, and sustainable grid. 🔗 Read the full op-ed here: https://lnkd.in/g-iSj4BR Long Duration Energy Storage Council (LDES Council) Enlit Europe #RenewableEnergy #SustainableFuture #CleanTech #netzero
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Electricity grids and utilities are facing increasing pressure with the massive surge of demand from energy-intensive sectors like data centers and electric transportation. Catch our VP of Origination for Commercial & Industrial, Julie Thompson, at Energy Disruptors UNITE Conference in Calgary from Oct 1st – 2nd, where she will explore how the strategic deployment of long duration energy storage (LDES) can bolster grid resilience, support significant load growth, and address challenges to meet rapidly increasing energy demands. #EnergyTransition #GridResilience #DataCenters #CleanEnergyInnovation #EDU2024 #LDES
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The International Energy Agency (IEA) highlights in a report released today that tripling global renewable energy capacity by 2030 is achievable, but only if we can build or modernize 25 million kilometers of electricity grids and add 1500 GW of storage. To do this we'll need policies that not only streamline permitting but also facilitate faster and more transparent grid connection processes. Establishing clear standards and timelines for both is essential to accelerating deployment, enhancing grid stability, and achieving our climate goals. Efficient permitting and grid access aren’t just procedural steps—they’re crucial enablers of a sustainable energy future. Read the report here: https://lnkd.in/gfEuz8Cc #EnergyStorage #RenewableEnergy #CleanEnergy #SustainableFuture #GridStability
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🌍✨ Reducing carbon emissions is crucial, but it’s only part of the story. We must ensure that clean energy is not just a goal but a reality, available to everyone, every day. Long duration energy storage #LDES plays a crucial role to make this vision a reality. It empowers us to harness renewable energy, providing a steady, dependable power source that can transform lives and communities. With global energy storage capacity projected to grow 15x by 2030, let’s take a moment to reflect on our shared responsibility for a sustainable future as we gear up for Zero Emissions Day on September 21 and Energy Storage Day on September 22 Together, we can build a future where clean energy will create lasting change. 👉 Sign up to our newsletter for insights on how we’re shaping the future of clean energy: https://hydrostor.ca/ #ZeroEmissionsDay #EnergyStorageDay #CleanEnergy #SustainableFuture
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Hydrostor’s Toronto team recently came together for a fireside chat with our CEO Curtis VanWalleghem, Beth Summers, FCPA, FCA our CFO, and Sarah Skinner, CHRL, our CHRO. It was a fantastic opportunity to connect and bond outside the office, sharing stories and experiences that brought us closer as a team. We explored key themes like collaboration, continuous learning, and the courage to be bold in our work. Their message was clear: support each other, don’t hesitate to ask for help, and embrace every chance to learn and grow. Mistakes are part of the journey and having fun while navigating challenges is essential. Moments like these remind us that our "united" value isn’t just a phrase—it’s how we grow together. As we continue to expand and evolve, it’s these connections that keep us strong and aligned, driving us forward as one team. #TeamGrowth #LeadershipInAction #UnitedInPurpose
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Are you ready to shape the future of sustainable energy? Hydrostor is seeking an Engineering Program Manager to join our team in Toronto! We’re enabling the energy transition to a cleaner, more reliable electricity grid, and invite you to be at the forefront of this groundbreaking journey. Why Hydrostor? Our cutting-edge A-CAES technology is uniquely positioned to revolutionize the energy landscape. Join us as we lead the way in shaping a greener, more sustainable future. Explore more about this role on our LinkedIn Jobs page and discover how you can be a key player in the transformation of the energy sector. https://lnkd.in/gP9Gb7s2 #Engineering #CleanEnergy #Jobs #Toronto #Hiring
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Join our Senior Director of Business Development Shaheer Aziz on the 23rd of September at The Ontario Energy Conference in Toronto, as he moderates an important discussion on the future of energy and sustainable growth. Discover how Hydrostor is leading the charge in renewable energy: https://hydrostor.ca/ #RenewableEnergy #SustainableFuture #EnergyStorageOntario #LDES #ClimateAction Association of Power Producers of Ontario (APPrO)
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It’s been an incredible week at RE+, where the Hydrostor team was in full force connecting with industry leaders and customers. We hope you caught one of our sessions where VP of Origination Julie Thompson, discussed the pressing need for long duration energy storage (LDES) to support the growing energy demands of data center expansions and Jordan Cole, Chief Commercial Officer, explored innovations in LDES during an expert panel discussion, highlighting the unique capabilities of Advanced Compressed Air Energy Storage (A-CAES) technology. We also hosted a collaborative workshop to explore how A-CAES can help utilities manage growing energy demands while advancing decarbonization efforts. It was a valuable exchange of insights where we defined the cornerstone role for long duration energy storage in the future of global energy systems. Thank you to everyone who connected with us at RE+! We look forward to continuing the conversation on building a resilient and sustainable energy future. #REPlus24 #LDES #EnergyTransition #RenewableEnergy #Decarbonization