Posted on October 31, 2019 by Rich Powell and Mitch Kersey
Energy storage is a key piece to solving the clean energy puzzle. Storage technologies benefit each portion of the grid from generation to transmission over long distances to distribution to homes and businesses. Quidnet is one of the most exciting and promising companies in the grid scale energy storage space. Quidnet uses a technology called geomechanical pumped storage, which applies traditional pumped storage techniques by repurposing drilling, well construction, and old fossil fuel assets. They’re able to take advantage of an existing supply chain and well-developed workforce.
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