Energy Stored in Underground Caverns Joins Megabatteries in South Australia
Canadian company Hydrostor has just received approval to build the first grid-scale compressed air energy storage system in Australia. Hydrostor will deploy a 5MW / 10MWh system at a former zinc mine near Strathalbyn, South Australia. The advanced compressed air energy storage (A-CAES) project, expected to cost AU$30 million (US$21.09 million) in total, received development approval and has been welcomed in statements by local politicians