World’s Largest Renewable Energy Storage Project in USA
Mitsubishi Hitachi Power Systems (MHPS) and Magnum Development announced an initiative to launch the Advanced Clean Energy Storage (ACES) project in central Utah. In the world’s largest project of its kind, the ACES initiative will develop 1,000 megawatts of 100 percent clean energy storage, thereby deploying technologies and strategies essential to a decarbonized future for the power grid of the Western United States.
MHPS has developed gas turbine technology that enables a mixture of renewable hydrogen and natural gas to produce power with even lower carbon emissions.
Magnum Development owns and controls the only known “Gulf Coast” style domal-quality salt formation in the western United States. With five salt caverns already in operation for liquid fuels storage, Magnum is continuing to develop Compressed Air Energy Storage and renewable hydrogen storage options. Strategically located adjacent to the Intermountain Power Project, the Magnum site is positioned to integrate seamlessly with the western U.S. power grid utilizing existing infrastructure.
Initially developing enough energy storage to completely serve the needs of 150,000 households for an entire year, the ACES initiative will deploy four types of clean energy storage at utility scale. These energy storage technologies include:
- Renewable hydrogen
- Compressed Air Energy Storage
- Large scale flow batteries
- Solid oxide fuel cells
CEO of Magnum, Craig Broussard, said - “Magnum and MHPS are great partners. Magnum has the below-ground technologies necessary to store energy at utility scale, while MHPS has the above-ground technologies such as hydrogen-fired gas turbines, compressed air storage, solid oxide fuel cells and battery storage technology, to supply electricity at grid scale. With the ACES initiative, we will dramatically accelerate the vision of a western renewable energy hub that we launched over a decade ago.”
The ACES project will engineer, finance, construct, own, and operate facilities to be located in Millard County, Utah. Over the coming weeks and months, additional strategic and financial partners will be invited to participate.
