Canadian company, Hydrostor, has received development approval for a $30 million advanced compressed air energy storage (A-CAES) facility in South Australia.
Energy Magazine is reporting the A-CAES facility, to be located at Angas Zinc Mine near Strathalbyn, is the first of its kind in Australia. The facility will use excess electricity from wind and solar to run a compressor and produce heated, compressed air that can be stored underground. The compressed air is released to drive a generator and produce electricity when demand in the electricity grid is high.
Hydrostor will re-purpose the former Angas Zinc Mine at Strathalbyn into the 5MW/10MWh facility by transforming the existing mine into an air-storage cavern 240m below ground using their innovative design to achieve emissions free energy storage.
The $30 million project is supported by $3 million in funding through the South Australian Government’s Renewable Technology Fund and $6 million in funding from the Australian Renewable Energy Agency (ARENA).