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
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.
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
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.
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.
We manage the whole value chain, from qualifying and acquiring suitable sites, development, construction and operation.
Mine Storage was founded by people with a background in the energy sector, wanting to contribute to a transition towards a sustainable energy system.
We manage the whole value chain, from qualifying and acquiring suitable sites, development, construction and operation.
Mine Storage was founded by people with a background in the energy sector, wanting to contribute to a transition towards a sustainable energy system.
Svea Vind Offshore’s klimatprat (länk) is a fantastic initiative to give the public a broad perspective on what can be done to tackle the climate
An international consortium led by Swedish grid-scale energy storage company Mine Storage was granted funding to finalize the blueprint for what could be the world’s
Mine Storage’s CMO Anna Engman met with Power Circle’s energy system expert Anna Wolf to talk about how grid-scale energy storage will play a key
On October 22nd, the grid-scale energy storage company Mine Storage successfully closed an oversubscribed seed round, setting the value of the company to MSEK 75.
Energy storage investors often evaluate many different projects and technologies. In doing so, one of the most important key performance indicators includes comparing LCOS. The Levelized
Mine Storage welcomes Emelie Johansson to a Summer Internship at Mine Storage and thanks AFRY for making it possible. Emelie studies Industrial Engineering and Management
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