Sandy Leaves Millions Without Power, Death Toll Climbs
As Hurricane Sandy rips through the East Coast, millions woke up today without power. New York and New Jersey were among the worst hit states as seawater fills the streets and floods thousands of homes and businesses.
Winds at 80 mph whipped through the coast Monday night, killing at least 33 people across 8 states from the Carolinas to Maine. Two nuclear power plants are under threat, at least 7.4 million people are without power, over 18,000 flights have been cancelled and the presidential campaign has come to a halt. Yet, the full extent of the damage is still unknown.
"We are in the midst of urban search and rescue. Our teams are moving as fast as they can," New Jersey's Gov. Chris Christie said. "The devastation on the Jersey Shore is some of the worst we've ever seen. The cost of the storm is incalculable at this point."
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Lower Manhattan saw a nearly 14-foot surge of seawater cascading through streets and highways, while water flooded the unfinished construction pit at the World Trade Center. Up to 100 houses were destroyed in a huge fire in a beachfront neighborhood in Queens Tuesday.
"This will be one for the record books," said John Miksad, senior vice president for electric operations at Consolidated Edison, which had more than 670,000 customers without power in and around New York City.
Although the storm is weakening, it will continue to bring heavy rain, high wind and flooding across the coast. The President has declared a major disaster in New York and Long Island, signing a disaster declaration for New Jersey.
Hydrostor receives $4m funding for A-CAES facility in Canada
Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.
The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction.
The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.
Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.
The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”
A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth.
Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."
The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.
Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019.