Former Senior US Government Official David Sandalow Named Highview Power's US Chairman

NEW YORK - October 1, 2018 - Highview Power, a leader in true long-duration energy storage solutions, announced today that renewable energy and environmental leader David Sandalow has been named chairman of Highview Power Inc., the companys U.S. subsidiary. The former senior White House, U.S. State Department, and U.S. Department of Energy (DOE) official has been a senior advisor to Highview Power as the company develops and deploys utility-scale liquid air energy storage (LAES) systems in North America.

"Large-scale, long-duration energy storage will play an important role in the grid of the future, said Sandalow. "Highview Powers liquid air energy storage technology provides a cheap, environmentally-friendly way to manage variable renewable power, relieve transmission congestion, and provide additional grid services. I look forward to working with the exceptional team at Highview Power during a very exciting time for the energy storage and renewable energy industries."

Sandalow is the Inaugural Fellow at the Center on Global Energy Policy at Columbia Universitys School of International and Public Affairs (SIPA). He writes and speaks widely on energy policy and has served as Honorary Chair of the U.S. Energy Storage Associations annual conference. From 2009-2013, Sandalow served in senior positions in the U.S. Department of Energy, where he helped oversee the departments renewable energy, energy efficiency, fossil energy, nuclear energy, and electricity delivery programs with an annual budget of more than $3.5 billion.

"David Sandalow has a distinguished record of accomplishment on energy and environmental issues and we are delighted to have him on the Highview Power team," said Javier Cavada, President and CEO of Highview Power. "His counsel will be very valuable as we work with our partners, utilities, grid operators, and government officials to deploy LAES onto the grid and enable wind and solar to penetrate our baseload power generation mix at increasing levels."

Highview Powers proprietary liquid air energy storage (LAES) technology is based on the principle of air liquefaction, which enables the easy storage of gases in cryogenic liquid form. The process involves a 700-fold expansion in volume from liquid back to gas, which releases the stored energy, powering turbines and generating electricity. This enables Highviews system to store energy in increments measured in days rather than hours, at half the cost of lithium-ion batteries when deployed at scale, with no siting constraints, and while releasing zero emissions in the process. It utilizes long-proven technology with an economic useful life of over 30 years. The company has already deployed two plants in the UK, the latest the 5 MW/15 MWh Pilsworth LAES plant that was officially launched in June.

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About Highview Power
Highview Power is a designer and developer of true long duration energy storage solutions for utilities and distributed power systems. The companys proprietary technology uses liquid air as the storage medium and its custom designed Liquid Air Energy Storage (LAES) solutions can deliver anywhere from 10MW/40MWh to more than 200MW/1.2GWh of energy. LAES has been developed using proven components from mature industries to deliver pumped-hydro capabilities without geographical constraints and it can be configured to convert waste heat and cold to power. For more information, visit: www.highviewpower.com

Media contacts
Wendy Prabhu
Mercom Communications, a division of Mercom Capital Group
1-512-215-4452 | HighviewPower@MercomCapital.com