Bosnian share indices mostly down in week ended Dec 6
Dec 06, 2019 16:29 CESTDecember 2 (Renewables Now) - Hydrostor Inc and Canadian energy storage project developer NRStor Inc last week completed their Advanced Compressed Air Energy Storage (A-CAES) facility in Goderich, Ontario, Canada.
This is the first fuel-free commercial A-CAES plant in the world and marks an important milestone in the development of long-duration energy storage, according to the statement. The facility has a peak power output of 1.75 MW, a 2.2-MW charge rating and over 10 MWh of storage capacity.
The plant is to be used by Ontario's Independent Electricity System Operator for peaking capacity, ancillary services and full participation in the merchant energy market to support grid reliability.
Sustainable Development Technology Canada, which helps Canadian companies bring clean technologies to market, provided funding for the project in addition to the funding it received from the government of Ontario through the Ontario Centres of Excellence.
“This facility serves as an important proof point for A-CAES on the global stage, enabling the build-out of Hydrostor’s full-scale project pipeline in Canada, the USA, Chile, Australia and other markets,” Hydrostor CEO, Curtis VanWallenghem said.
Bosnian share indices mostly down in week ended Dec 6
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