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io awarded Hydrostor’s A-CAES PreFEED optimisation study

01/02/2020

io consulting (io) is pleased to announce award of a Pre-FEED Optimisation study by Hydrostor, the world’s leading developer of utility-scale energy storage facilities using its proprietary A-CAES technology and purpose-built underground storage caverns. This study will see io deploy its holistic expertise in collaboration with Hydrostor’s team to optimise their proprietary Advanced Compressed Air Energy Storage (A-CAES) technology. Led by io’s consultants, the project will engage deep domain technical expertise from both io’s parent organisations, Baker Hughes and McDermott International, and will be executed using the io way, which is designed to bring value through greater certainty and higher quality decisions.

Energy storage is a critical technology for the energy transition and this project award underlines io’s commitment to the sector.

Sid Meloney, Hydrostor’s EVP Engineering & Projects stated
“This is an important project for Hydrostor. We were looking for highly experienced, creative, out-of-the-box thinkers and specialised engineers to focus on developing holistic solutions that address our objectives. We are pleased to be working with io consulting, an innovative forward thinking consultancy, on this project.”

Richard Dyson, io’s CEO said,
“This is an exciting project for io to be engaged upon. In addition to io’s unique capabilities and approach we plan to utilise our systems modelling techniques to fully test the holistic interdependencies and provide supply-side insights from our tier 1 parents to identify and understand the trade-offs available to find the optimum design for each type of A-CAES system.”

KeyFacts Energy Industry Directory: io consulting

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