Episode
10

The Future of Energy Storage with Hydrostor President & COO Jon Norman Part 1

August 25, 2021
|
Duration:
2281778
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In This Episode:

Join energy coaches David Arkell and John Pooley on an episode with President & COO of Hydrostor Inc., Jon Norman. This episode highlights the technology behind Hydrostor, its role in decarbonizing the grid, and the contribution of battery storage in the future of energy storage. Disclaimer: At the time this podcast was recorded, Jon Norman was our second guest.

Highlights

Introduction to Compressed Air Energy Storage (CAES): Hydrostor’s CAES technology uses compressed air stored underground, drawing energy from the grid when supply is high and releasing it back during peak demand. The innovation includes using bedrock cavities for storage and heat recapture to improve efficiency.Role in Renewable Integration: Energy storage is critical for balancing solar and wind power, which are variable. Hydrostor’s technology can store excess renewable energy and release it when needed, ensuring reliability.Viable Alternatives to Fossil Fuels: CAES technology offers a sustainable alternative to fossil fuel-based peaker plants, providing a similar operational profile but without emissions, making it suitable for replacing aging coal or gas plants.Overcoming Financial and Regulatory Barriers: Norman discusses the need for clear regulatory support and financing options to bridge the gap between pilot projects and large-scale deployment.Comparative Benefits of CAES: Unlike batteries, which are suited to short-duration applications, Hydrostor’s technology targets long-duration storage needs, making it viable for utilities looking to replace fossil plants with sustainable alternatives.

Key Insights

Scalable Energy Solution: Hydrostor’s technology is designed for large-scale energy demands, offering flexibility in siting and size. It serves as a low-carbon solution for utilities looking to shift from fossil fuels without compromising grid stability.Importance of Policy and Incentives: To foster innovation in energy storage, Norman highlights the need for supportive policies and mandates, which have been effective in regions like California and Australia.Long-Term Durability: Compressed air storage is a long-life asset with minimal degradation over time, positioning it as a sustainable choice for utilities.Collaboration with Existing Supply Chains: Hydrostor leverages established infrastructure, such as bedrock construction techniques from the oil and gas sector, making its technology practical and scalable.Critical Role of Grid Resilience: By adding long-duration storage, Hydrostor’s technology enhances grid resilience, particularly in areas prone to climate-related disruptions, supporting a stable transition to renewable energy.

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