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