MINESTORAGE

A true enabler of a sustainable energy transition

Our future depends on a fast transition from brown to green energy.

Electrification of our society puts new demands on the electric system – mainly large-scale energy storage. Mine Storage is a company founded by people with a vision and commitment to enable this change by using underground mines to store energy and to balance the grid

We use the cleanest means of storage – WATER

We use the most basic law of nature - GRAVITY

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Our energy storage solution

Mine Storage uses two elements to store electrical energy - water and gravity offered by underground mines with high heads. We provide a closed-loop solution using proven pumped hydro-power technology in an underground setting.

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We enable more renewable energy

Today, only 3 % of all generated power is stored, and traditional pumped hydro storage accounts for more than 94 % of the stored power. To enable the energy transition 660 billion USD will be invested in energy storage by 2040

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Energy storage technologies

The challenge with electrical energy storage systems has until now been that they are associated with a negative impact on the environment, or that they are not proven and mature. Mine storage solves both these issues.

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The Climate Challenge

The world is undergoing the fastest and most significant shift in modern history. Fossil based energy production is replaced with renewables, boosted by electrification. This combination can provide 90 % of the CO2 reductions by 2050.

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Our recipe

We manage the whole value chain, from qualifying and acquiring suitable sites, development, construction and operation.

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Dedicated Team

Mine Storage was founded by people with a background in the energy sector, wanting to contribute to a transition towards a sustainable energy system. 

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Our recipe

We manage the whole value chain, from qualifying and acquiring suitable sites, development, construction and operation.

Read more

Dedicated Team

Mine Storage was founded by people with a background in the energy sector, wanting to contribute to a transition towards a sustainable energy system. 

READ MORE
Strange 3D Map