🌟Join our VP of Origination for Commercial & Industrial Julie Thompson and our EVP of Global Policy & Regulatory Affairs Scott Bolton at the #VERGE24 Conference from October 29-31 in San Jose, as they dive into LDES technologies, strategies for balancing intermittent renewables and how energy storage supports data center load growth and powers the future of sustainable infrastructure. 💬 Connect with Ian Chow and Will Bartlett who will also be on the ground! Clean Energy Buyers Association (CEBA) Trellis Group #VERGE24 #DataCenter #EnergyStorage #GridFlexibility #SustainableEnergy #DigitalEconomy
Hydrostor
Renewable Energy Power Generation
Toronto, Ontario 22,258 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
-
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
-
Primary
Get directions
333 Bay St
Toronto, Ontario M5H 2R2, CA
-
Get directions
1125 17th St
Denver, Colorado 80202, US
-
Get directions
420 St Kilda Rd
Level 8
Melbourne, Victoria 3004, AU
Employees at Hydrostor
Updates
-
Hydrostor's debut appearance at Enlit Europe 2024 was an awesome success. We welcomed hundreds of attendees from across Europe to our booth, sharing our company story, the benefits of long duration energy storage #LDES, and our portfolio of projects being developed around the world. Our very own Sarah Griffiths Savolaine and Oonagh O Grady both participated in lively panel discussions on the critical need to deploy long duration energy storage and financing priorities for future energy grids. Thank you to everyone who connected with us on the ground, the City of Milan, and the entire Enlit Team for hosting such a great event! Global Renewables Alliance (GRA) Long Duration Energy Storage Council (LDES Council)
-
-
💡 In our second installment of posts looking at the energy transition tipping point, we explore two very different states that have successfully implemented pro-storage policy roadmaps. To learn more, check out the white paper we developed in collaboration with Heatmap News. Click here: https://lnkd.in/gATWbuat #TheTippingPoint #LDES
-
Tomorrow is the International Day of Climate Action, a day that reminds us of the urgency to tackle climate change head-on. The negative effects of climate change are clear: 🔸 Global temperatures have already risen by 1.2°C since the late 19th century, with the last decade being the warmest on record. 🔸 2024 is on track to become the warmest year ever recorded, with August 2024 marked as the hottest August in over 175 years According to the International Energy Agency (IEA), over 40% of global CO2 emissions can be mitigated with energy storage and flexible grid solutions. Now, more than ever, the role of sustainable solutions like renewable energy and long duration energy storage (LDES) is critical. 💡 It’s time to double down on innovation, policy changes, and global cooperation to make a real impact. #ClimateActionNow #SustainableFuture #LDES #NetZero
-
Julie Thompson, Vice President of Origination (C&I), recently shared her thoughts about the importance of prioritizing long duration energy storage #LDES to meet growing energy demands from data centers, AI, and electrification of transport. Read the full article published by Trellis Group: https://lnkd.in/gASjdyhh #DYK A-CAES has a 50+ year lifetime ✅, is flexible to locate ✅, and experiences zero efficiency degradation with no limitation on depth of discharge or state of charge ✅. #DataCenters #EnergyStorage #GridFlexibility #SustainableEnergy #DigitalEconomy
-
-
Last week, we hosted a reception with the NSW Government where we engaged on critical discussions with Energy Minister Penny Sharpe, MPs, key advisors, government agencies and our industry peers. Minister Sharpe made a major announcement that NSW will set a target to develop an additional 12 GW hours of long duration storage between 2030 and 2034, and confirmed that NSW will retain the critical 8+ hour legislated definition that has provided the certainty required to progress long duration storage projects. We look forward to continue working with stakeholders and deploying Advanced Compressed Air Energy Storage (A-CAES) globally! #NSW #longduration #energystorage #leadership
-
-
Our Co-founder & CEO, Curtis VanWalleghem, was in the big apple 🍎 last week as part of #unreasonablegroup and #barclaysmakeadifference movement to discuss the importance of scaling innovative solutions like Advanced Compressed Air Energy Storage (A-CAES). 💡 From our vault, checkout this keynote #throwback when Curt spoke at Barclays Unreasonable Impact World Forum: "Powering the Grid by Storing Renewable Energy Underground" Watch video: https://lnkd.in/g9hfbaAM
During my recent visit to the New York office, I spent an afternoon volunteering as part of #BarclaysMakeaDifference movement, working with growth-stage companies taking part in our #UnreasonableImpact programme – an initiative dedicated to supporting founders who are scaling innovative solutions to society’s largest problems. It was rewarding to be able to lend my expertise to mission-based companies like Hydrostor and help Co-Founder and CEO Curtis VanWalleghem navigate some of the challenges that come with doing groundbreaking work in the #cleanenergy space. Volunteering in this way is deeply inspirational since it allows me to work closely alongside growth-stage leaders who are trying to redefine industries, while making a positive societal and environmental impact. Unreasonable Impact is such a unique programme within our industry, as its about leveraging the financial skills we have at Barclays and applying them to support the next wave of innovators and ultimately to the communities that these founders are supporting. I highly recommend you check out Unreasonable Impact and the brilliant work we’re doing together: https://lnkd.in/ezUyAFMK
-
-
🌍Europe’s energy storage market is projected to reach 42 GW of utility-scale capacity by 2031, as installations continue to rise across the continent, driving the region's clean energy transition. Catch our VP of International Origination Oonagh O Grady, and VP of Government & Regulatory Affairs Sarah Griffiths Savolaine, at Enlit Europe in Milan, Italy, from October 22-24. They’ll be discussing how long duration energy storage solutions are shaping Europe’s energy future. Visit us at booth 7-B60 or connect with Roderick Cumming and Zachary Gray Gray who will be on the ground. We look forward to seeing you there! #LDES #GridStability #CleanEnergy #NetZero #EuropeEnergy #EnergyInnovation
-
Hydrostor Advisor and Former Special Assistant to the President for Climate Policy, David J. Hayes, recently published an op-ed with Stanford Law School, highlighting the U.S. grid's challenges in keeping up with clean energy transitions. He stresses the urgency for grid upgrades, better interconnection processes, and enhanced energy storage to ensure reliability. Despite advancements in renewables, delays in grid integration and transmission planning remain barriers. David calls for action to modernize the grid and support a sustainable energy future. Read more: https://lnkd.in/gzpWW4dx #CleanEnergy #GridModernization #RenewableEnergy #EnergyStorage #ClimateAction
-
-
We’re heading to Australia! 🌏 Catch our Chief Commercial Officer Jordan Cole, and our Australian Director of Regulatory & External Affairs Sara Taylor, at the All Energy Australia Conference in Melbourne from October 23-24. They’ll be diving deep into the benefits, barriers, and crucial role of Long Duration Energy Storage, discussing how ongoing collaborations and market reforms can unlock its potential to support Australia’s 24/7 clean energy supply and transition to a renewable-powered grid. Interested in connecting? Send us a message at contact@hydrostor.ca. #CleanEnergy #SustainableFuture #LDES #Renewables #AllEnergyAU