Overview
- The funding round, which lifts Highview’s total capital for commercialising its technology to more than £500 million, drew backing from Centrica, Goldman Sachs, KIRKBI, Mosaic Capital and the Scottish National Investment Bank.
- Phase one will deploy a standalone stability island delivering inertia, short-circuit and voltage support, complemented by a grid analytics function to pinpoint network needs.
- The planned facility combines liquid air energy storage with lithium-ion batteries as a hybrid long-duration system designed to send more power to the grid for longer.
- Ofgem has named the Hunterston energy storage element eligible for the Cap and Floor support scheme for long-duration storage, providing regulatory validation for the project.
- Located on the Peel Ports site in North Ayrshire, the project targets stability island operation by January 2028 and full facility operation by 2030, with up to 1,000 construction jobs and 650 supply-chain roles projected.