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A Company Is Building a Giant Compressed-Air Battery in the Australian Outback
Hydrostor, a leader in compressed air energy storage, aims to break ground on its first large-scale plant in New South Wales by the end of this year. It plans to follow that with an even bigger facility in California.
VanWalleghem said there is room to push costs down as the company gains experience from these first few plants. The storage systems have a projected lifespan of about 50 years, which is an important … [+2855 chars]
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