Deals Counterparts

Alfa Laval and IAE partner to advance liquid air energy storage in South Korea

Partnership Storage announced South Korea Mar 4, 2026
development
Stage

Alfa Laval and the Institute for Advanced Engineering (IAE) are collaborating on a project to advance liquid air energy storage (LAES) in South Korea. The project will feature Alfa Laval's advanced cryogenic equipment to produce up to ten tonnes of liquid air per day.

Deal Analysis

Alfa Laval and the Institute for Advanced Engineering (IAE) have announced a partnership aimed at advancing liquid air energy storage (LAES) technology in South Korea. This collaboration will leverage Alfa Laval's advanced cryogenic equipment to facilitate the production of up to ten tonnes of liquid air per day. The project signifies a focused effort on technological development within the energy storage sector, bringing together an industrial technology provider and a research institute to explore and refine LAES capabilities. While specific project stages, capacity, and financial values remain undisclosed, this partnership is strategically important for the development of LAES as a viable energy storage solution. It positions Alfa Laval's specialized equipment at the forefront of an emerging technology in a key market, South Korea. The collaboration with IAE underscores a commitment to innovation and research in the storage domain, potentially paving the way for future commercial applications of LAES technology.
  • Partnership between industrial technology provider (Alfa Laval) and research institute (IAE).
  • Focus on advancing Liquid Air Energy Storage (LAES) technology.
  • Deployment of Alfa Laval's advanced cryogenic equipment in South Korea.
  • Project aims to produce up to ten tonnes of liquid air per day.

Source Intelligence

KEY DETAILS

The project will feature Alfa Laval’s advanced cryogenic equipment, including brazed aluminium plate heat exchangers and a vertical high-pressure cryogenic pump with ten stages. The system will produce up to ten tonnes of liquid air per day. The collaboration aims to improve grid stability and renewable energy integration as the country accelerates its transition to a low-carbon future.

Location
Alfa Laval and IAE to advance liquid air energy storage in South Korea
Announcement
4 March 2026 by Bioenergy International
PARTIES MENTIONED IN SOURCE
A
Alfa Laval AB developer

"Sweden-headed Alfa Laval AB, a global leader in heat transfer, centrifugal separation, and fluid handling has announced a new partnership with the Institute for Advanced Engineering (IAE)"

I
Institute for Advanced Engineering (IAE) developer

"Sweden-headed Alfa Laval AB, a global leader in heat transfer, centrifugal separation, and fluid handling has announced a new partnership with the Institute for Advanced Engineering (IAE)"

high quality Enriched Mar 4, 2026

Timeline

Announced
Mar 4, 2026
Signed
Closed