Ørsted is collaborating with Highview Power to assess the potential for liquid air energy storage to support offshore wind projects.
The companies say energy storage systems will play a crucial role in supporting the stability of the power network and improving the efficiency of offshore wind farms, encouraging future investment in renewable energy.
The two companies will carry out a detailed technical analysis and economic assessment this year that will investigate how combining Ørsted’s wind technology with Highview Power’s liquid air energy storage can deliver a stronger investment case for future offshore wind projects by reducing wind curtailment, increasing productivity, and helping the move to a more flexible, resilient grid.
“Our collaboration with Highview Power is an important step in creating effective energy storage solutions,” says Ørsted’s Duncan Clark. “Together, our technologies can be a catalyst to accelerate the transition from fossil fuels to renewable energy and help unlock the economic potential of that transition.”
