The site is the world's first operational demonstration to showcase LAES technology on a gridscale.The development will be able to power around 5000 homes in about three hours.How does liquid air energy storage work?Highview CEO Gareth Brett explains how liquid air energy storage works: "We use electricity to drive a large industrial refrigerator with air --We were cleaning up.Turn it into a liquid and we put it in a jar.When we want to call back, we add a little heat to the low temperature liquid air that evaporates and expands back to normal air, which may just come from the environment.This extension drives a generator that converts the energy we store into electricity.It also converts the "waste" heat generated by landfill gas engines into power.One of the most exciting features of the liquid air energy storage system is that it is more eco-friendlyfriendly.This process releases zero carbon emissions and does not involve harmful chemicals or foreign metals.What is the next step for LAES?LAES is low for utilities-It is now a reality to adopt this technology.The global energy storage market is expected to grow to 125 GW/305 GWh by 2030, attracting US dollar investment during this period.Negotiations are underway to build a factory ten times larger than Manchester's.Highview estimates that 60% of the world's energy storage marketduration, grid-Connect storage.LAES technology is ready to meet almost half of the demand, they say.Utility-Scale storage becomes a new practical alternativeBuild generation or network enhancement.What are the benefits of liquid air energy storage systems?According to Brett, the new factory is "the only big factory"Scale, really longDuration, locatable energy storage technology, available at an acceptable cost.By helping to stabilize peak and low demand, a wider deployment of renewable energy will be achieved.Help meet growing energy needs.Provide grid-Balance, reserve and regulatory services.Respond to changes in local and national consumption patterns.Plays an important role in supporting UK low-carbon, renewable energy growth and maintaining UK power supply security.Ensure that the UK has affordable, clean and safe energy solutions.Hundreds of megawatts to meet the energy needs of small towns and even big cities.Since innovation and sustainability are at the heart of the LAES project, this technology can be part of a solution to provide long-term servicesThe term energy security that Britain needs.