Highview Power
- Company typePrivate
- Founded2005
- HeadquartersLondon, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingServices
Highview Power firmographics
Firmographics- Name
- Highview Power
- Website
- https://highview-power.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Highview Power industry classification
Industry- Product category
- Long-Duration Grid Energy Storage
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111)
- SIC
- Electric Services (4911), Motors & Generators (3621), Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Thermal LDES (High-Temperature, Molten Salt, Carnot/Heat-to-Power) (EUAFADAC)
- akta.pro secondary industries
- LDES Systems Integration, EPC & Project Development (EUAFADAG), Chemical/Fuel-Based LDES (Hydrogen-to-Power, Ammonia, LOHC, Synthetic Fuels) (EUAFADAE), SCADA/Telemetry, Data Integration & Device Connectivity for Storage/DER Control (EUAFAKAI), Remote, Islanded & Off-Grid Microgrids (Islands, Mining, Telecom Towers) (EUAFAJAD)
Keywords
Where Highview Power is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Highview Power business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales
Revenue model
- Grid Stability Services: Long-term contracts with UK grid for stability services including frequency management, synchronous inertia, and market arbitrage. Revenue generated through capacity payments and energy trading during peak demand periods.
- Energy Storage Capacity Contracts: Project-based long-term storage capacity agreements with utilities and energy developers. Facilities deliver storage capacity (MWh) and output (MW) under multi-year contracts.
- Technology Licensing: Licensing of proprietary CRYOBattery technology to international partners for deployment in their markets, such as partnership with Sumitomo Heavy Industries in Japan.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
Highview Power product offering
Product offeringCore offering
Highview Power develops and deploys long-duration energy storage facilities based on its proprietary liquid air (cryogenic) energy storage technology, branded as CRYOBattery. The technology stores surplus electricity by compressing air into liquid form at minus 196°C, which is later decompressed to generate electricity on demand. The company builds, finances, operates, and licenses multi-hundred-MWh to multi-GWh grid-scale storage plants for utilities, grid operators, renewable energy developers, and government entities.
Product overview
Highview Power is a UK-based long-duration energy storage company offering a suite of liquid air energy storage solutions centered on its proprietary CRYOBattery technology. The product portfolio includes the CRYOBattery as the core technology platform, supporting multiple deployment projects including the flagship Carrington facility (world's largest commercial-scale liquid air energy storage at 300 MWh), the Hunterston Project in Scotland (3.2 GWh), Killingholme Project in Lincolnshire (3.2 GWh), and international projects in Japan (demonstration plant operational 2025), the United States (Vermont facility), and Australia. The CRYOBattery stores excess electricity by compressing air into liquid form at cryogenic temperatures and claims to deliver storage at approximately half the cost of traditional lithium-ion batteries. The company has outlined plans for over 16 sites across the UK with potential to power 7.6 million homes.
Differentiator
Problem solved
Functional benefit
Brands
- CRYOBattery: Liquid air energy storage technology that stores excess electricity by compressing air into liquid form at cryogenic temperatures.
Products and services
- CRYOBattery
- Carrington Liquid Air Energy Storage Facility
- Hunterston LDES Facility (Scotland)
- Killingholme LDES Facility (Lincolnshire)
- Vermont Liquid Air Energy Storage System (USA)
- Japan CRYOBattery Demonstration Plant (Hatsukaichi)
- Grid Stability Services
- CRYOBattery Technology Licensing
Quantifiable outcome
- Storage cost approximately half that of traditional lithium-ion batteries
- +4 more outcomes
Companies that use Highview Power
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles4 records
Highview Power technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Highview Power partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- ØrstedcoreStrategic collaboration to conduct detailed technical and economic assessments investigating how combining Ørsted's wind technology with Highview Power's liquid air energy storage can improve future offshore wind project investment cases. Addresses UK's critical energy storage gap and aims to reduce reliance on £60 billion of gas imports.
- Encore Renewable EnergycoreCo-development partnership for the United States' first long-duration liquid air energy storage system in northern Vermont. Facility of at least 50MW with over 400MWh storage capacity to resolve energy transmission constraints and provide grid stabilization services.
- Sumitomo Heavy IndustriescorePartnership for global expansion including 5MW demonstration plant in Hatsukaichi, Japan (operational in 2025). Sumitomo invested $46 million in Highview Power's growth capital round.
- Hiroshima GasminorCollaboration on 5MW demonstration plant in Hatsukaichi, Japan, operational in 2025.
- Alinea CustomsminorSelected to provide customs brokerage services to Highview for the Carrington liquid air energy storage plant, handling customs clearance at UK ports and trade compliance consultancy related to Carbon Border Adjustment Mechanism.
Scale indicators17 records
Recent moves10 records
Expansion highlights6 records
Highview Power competitors and assessment
Company assessmentDirect peers
- Form Energy: US-based developer of iron-air battery LDES targeting 100+ hour duration. Competes with Highview in the long-duration segment beyond lithium-ion economics.
- Hydrostor: Canadian developer of Advanced Compressed Air Energy Storage (A-CAES), the most direct mechanical/cryogenic-adjacent competitor to Highview's LAES technology. Both target long-duration storage with non-lithium approaches.
- Energy Vault: Developer of gravity-based and hybrid LDES technology targeting 6-12+ hour storage durations. Public-listed competitor with similar commercial scaling ambitions and utility-scale project pipeline.
- ESS Inc. US-based manufacturer of iron flow batteries for long-duration storage; targets utilities and grid operators with similar 6-12+ hour duration, directly competing for the same customer base.
Emerging players
- Malta Inc. Developer of pumped heat energy storage (thermal LDES technology) for grid-scale applications. Competes in the same long-duration thermal/mechanical storage category as Highview's CRYOBattery.
- Gravitricity: UK-based developer of gravity-based energy storage using weighted shafts in disused mines. Targets similar long-duration grid stability applications as Highview, with UK focus.
- Antora Energy: US-based thermal energy storage developer using carbon blocks and heat-to-power technology. Targets industrial and grid customers with long-duration storage needs, similar to Highview's value proposition.
Broad incumbents
- Siemens Energy: Global energy equipment incumbent offering grid storage, power generation, and grid services. Larger-scale competitor with broader portfolio but less specialized in long-duration storage.
- GE Vernova: Power generation and grid solutions incumbent with battery storage and grid stabilization offerings. Competes in adjacent grid services but lacks LAES-specific long-duration focus.
- Sungrow: Global leader in solar inverters and battery energy storage system provider. Competes in the broader stationary storage market with lithium-ion focus, providing indirect competitive pressure on Highview's market positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Highview Power social profiles
Digital presenceHighview Power financial estimates
Financial estimateRevenue estimate
Valuation estimate
Highview Power leadership team
Management profileNumber of profiles
Profiles7 records
Highview Power funding detail
Funding detailFunding overview
Funding rounds8 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Highview Power M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Highview Power
What does Highview Power do?
Highview Power develops and deploys long-duration energy storage facilities based on its proprietary liquid air (cryogenic) energy storage technology, branded as CRYOBattery. The technology stores surplus electricity by compressing air into liquid form at minus 196°C, which is later decompressed to generate electricity on demand. The company builds, finances, operates, and licenses multi-hundred-MWh to multi-GWh grid-scale storage plants for utilities, grid operators, renewable energy developers, and government entities.
Is Highview Power a public or private company?
Highview Power is a private company. It is classified as venture growth investor backed and is currently operating.
When was Highview Power founded?
Highview Power was founded in 2005. It employs 101 to 250 people.
Where is Highview Power based?
Highview Power is headquartered in London, United Kingdom, in the Europe region.
How does Highview Power make money?
Three revenue lines are on record. Grid Stability Services are the primary driver. The others are energy Storage Capacity Contracts and technology Licensing.
Who are Highview Power's main competitors?
Direct peers on record are Form Energy, Hydrostor, Energy Vault and ESS Inc.. Emerging players are Malta Inc., Gravitricity and Antora Energy. Broad incumbents are Siemens Energy, GE Vernova and Sungrow.
Does Highview Power have an API?
No public API is recorded for Highview Power.
What industry is Highview Power in?
Highview Power's product category is Long-Duration Grid Energy Storage. Its primary akta.pro industry code is EUAFADAC, Thermal LDES (High-Temperature, Molten Salt, Carnot/Heat-to-Power), with a secondary code of EUAFADAG, LDES Systems Integration, EPC & Project Development. Its NAICS code is 2211 and its SIC code is 4911.