Mine Storage International
Description
Mine Storage seeks to enable zero-carbon distribution by building pumped hydropower systems in unused mines to store energy and balance the grid. Mine Storage provides a storage solution with a unique, modular design, and reliable functionality. Our design is a fast response, closed loop PSH system in old mines. By using mines, we minimize the environmental impact, reduce construction costs, and utilize existing infrastructure such as roads and grid connections. We use modern modular technology from established providers adapted to meet the requirements of today’s markets. Our solution is always designed based on how revenue will be generated. Mine Storage has a suitable solution for both bulk storage and ancillary services. For each mine storage plant, the operational model is developed to optimise the revenue based upon the conditions of the local market.
Mine Storage International
Mine Storage seeks to enable zero-carbon distribution by building pumped hydropower systems in unused mines to store energy and balance the grid. Mine Storage provides a storage solution with a unique, modular design, and reliable functionality. Our design is a fast response, closed loop PSH system in old mines. By using mines, we minimize the environmental impact, reduce construction costs, and utilize existing infrastructure such as roads and grid connections. We use modern modular technology from established providers adapted to meet the requirements of today’s markets. Our solution is always designed based on how revenue will be generated. Mine Storage has a suitable solution for both bulk storage and ancillary services. For each mine storage plant, the operational model is developed to optimise the revenue based upon the conditions of the local market.
Market Segment
C. Energy storage
Themes
Energy storage
Main market segments
Energy Storage Solutions
Commercial stage
Early stage
Country
Sweden
UN Sustainable Development Goals
SDG 7 - Affordable and clean energy
SDG 9 - Industry, innovation and infrastructure
SDG 12 - Responsible consumption and production