Could depleted oil wells be the next step in energy storage?
November 29, 2016
Quidnet Energy is hoping to revolutionise energy storage with its underground pumped hydro concept, which uses abandoned oil and gas wells to store and release pressurised water, driving turbines and feeding electricity back into the grid. How does the concept work and how far could it go? Quidnet co-founder Aaron Mandell explains on power-technology.com