Ørsted, the Danish renewable energy company, has recently announced its adoption of liquid air energy storage technology. This move is a significant step towards the company’s goal of achieving carbon neutrality by 2025 and becoming a leader in the offshore wind industry.
Liquid air energy storage technology, also known as cryogenic energy storage, is a form of energy storage that uses liquid air as a medium to store energy. The process involves compressing and cooling air until it liquefies, which can then be stored in insulated tanks. When energy is needed, the liquid air is heated, causing it to expand and turn back into a gas, which drives a turbine to generate electricity.
One of the main advantages of liquid air energy storage is its ability to store large amounts of energy for long periods. This makes it an ideal solution for renewable energy sources such as wind and solar power, which are intermittent and can’t always provide a consistent supply of energy. By storing excess energy during times of high production, it can be used during times of low production, ensuring a more stable and reliable energy supply.
Ørsted has already been a leader in the offshore wind industry, with over 25 years of experience in developing and operating offshore wind farms. The company currently operates 11 offshore wind farms in Europe and has plans to expand its operations globally. By adopting liquid air energy storage technology, Ørsted is taking another step towards achieving its goal of becoming a carbon-neutral company.
The company has partnered with Highview Power, a UK-based company that specializes in cryogenic energy storage technology. Together, they plan to develop a 50 MW/250 MWh liquid air energy storage facility in the UK, which will be the largest of its kind in the world. The facility will be located at a decommissioned thermal power station in North England and will provide grid stability services to the National Grid.
The adoption of liquid air energy storage technology by Ørsted is a significant development in the renewable energy industry. It demonstrates the company’s commitment to finding innovative solutions to the challenges of renewable energy production and storage. As more companies adopt this technology, it is likely to become a key component of the transition to a low-carbon economy.
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