Sustainable Business News (SBIZ)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6

thankyou@sustainablebiz.ca
Canada: 1-855-569-6300

Role of compressed air energy storage to enable the energy transition

Examining the nuances of compressed air energy storage in the energy future

In a world that is swiftly pivoting towards a more sustainable future, the energy landscape is undergoing a transformative change. The latest episode of the podcast, titled Role of Compressed Air Energy Storage To Enable the Energy Transition, invites listeners to delve into an insightful discussion with Jon Norman, president of Hydrostor Inc., exploring the pivotal role of compressed air energy storage (CAES) in this transition.

The significance of compressed air energy storage

CAES emerges as a green alternative in the energy sector, offering a flexible and fuel-free process that forms a robust backbone for our energy systems without resorting to burning natural gas. The episode sheds light on the efficiency and reliability of CAES, positioning it as a suitable solution for integrating asynchronous generation onto the grid and ensuring a sustainable future, especially when compared to other storage methods like pumped hydro storage, which boasts an efficiency of 60 to 65 per cent.

Hydrostor: steering the future of energy

Hydrostor, under the strategic leadership of Norman, specializes in replacing inefficient air compressors and is dedicated to replicating the reliability services provided by fossil fuel assets in a manner devoid of fossil fuel reliance. The company has successfully achieved a roundtrip efficiency of 60 to 65 per cent with their compressed air hydro pumped storage long-term facility, marking a significant achievement in the realm of energy storage.

Navigating challenges and solutions in the energy sector

The episode does not shy away from exploring the challenges in the energy sector, particularly those related to pumped hydro plants, which require substantial volumes of water and face efficiency and permitting challenges. It also addresses the skepticism surrounding the battery industry, questioning the viability of batteries for utility-scale applications due to issues like performance degradation and the need for frequent replacement.

The power of collaboration and public engagement

Highlighting the global impact of energy decisions, the podcast underscores the importance of public engagement, collaboration and effective communication in steering both corporate and government decision-making processes in the energy sector. With a focus on both centralized and decentralized energy resources, the discussion illuminates the ongoing changes in the energy sector and emphasizes the critical importance of adaptation.

Connecting technologies and solutions

The dialogue also explores the life cycle implications of various energy storage technologies, emphasizing the lower life cycle impacts of advanced CAES compared to pumped hydro and batteries. Furthermore, it touches on the time it takes to implement technology projects, such as building generation plants and the challenges of working with different jurisdictions.

A deep dive into the future of energy

In a world where the urgency of transitioning to clean energy is palpable, this enlightening episode navigates through the intricacies of compressed air energy storage, its pivotal role in our energy future, and the innovative solutions that are shaping our world towards a sustainable, reliable, and efficient energy landscape. Don’t miss out on this opportunity to explore the future of energy with experts in the field.

Speakers

  • Jon Norman, president of Hydrostor - Norman is a professional engineer with over 20 years of experience in the power industry, management consulting and government. He currently oversees Hydrator’s strategic growth as president and was previously chief operating officer.  Prior to Hydrostor, he held senior roles at Brookfield Asset Management, including leading commercial development, regulatory policy and government relations across North America and Europe for the power and utilities business.
  • David Arkell - president and CEO of 360 Energy
  • Lysandra Naom - executive producer of The 360 On Energy and Carbon Podcast


Industry Events