Electrification of our society puts new demands on the electric system – mainly large-scale energy storage. Mine Storage is a company 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.
Swedish grid-scale energy storage company Mine Storage adds yet another great recruitment to the team: Robert Magnusson has vast experience from the hydropower industry, most
Swedish grid-scale energy storage company Mine Storage adds another senior team member with Mikael Larsson, who starts as Director Energy Markets and Financing on August
Mine Storage is working continuously to understand and quantify the need for grid-scale energy storage in the energy system. Students Sophie Ågren and Alexandra Sederholm
Swedish grid-scale energy storage company Mine Storage further strengthens its team with Håkan Martinsson, who starts as Head of Project Development on June 1st. Håkan
Swedish grid-scale energy storage company Mine Storage strengthens its team with Stefan Borsos, who starts as Head of Business Development on August 1st. Stefan Borsos
Swedish Power Circle, a hub and platform for the power sector, supported by Mine Storage has initiated a study on long duration pumped storage hydropower
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