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.
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
The Swedish transmission grid is in massive need of strengthening. The grid reinforcements are on-going but expected to continue for the next ten to twenty
BIO: 15 years in B2B business development and sales & marketing roles. Predominantly in start-ups and scale-ups. The past 5 five years focused on the
When qualifying an interesting site, Mine Storage look at five areas in detail; market, commercial, rights & regulations, mine & site, and infrastructure. Each area
Revolutionary concept for pumped hydropower in former mines will be elaborated in the collaboration between the two companies. HEIDENHEIM/STOCKHOLM. Voith Hydro, a leading global supplier
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