Cost-Effective, Grid-Scale Electricity Storage
Quidnet operates at the nexus of energy and water to enable predictable delivery of power from intermittent sources and large-scale deployment of renewable energy. Our breakthrough energy technology:
Uses existing natural resources to store renewable energy over long durations and in large quantities
Drives down large-scale electric grid storage costs to half that of traditional pumped hydro storage
Enables widescale deployment of renewable energy across the power grid
Why are we doing this?
Cost-effective long-duration storage is essential for integrating and expanding the use of clean, renewable energy resources, such as wind and solar.
The energy transition is fundamentally reshaping the electricity grid. Cost-effective long-duration storage is essential for:
integrating and expanding the use of clean, renewable energy resources, such as wind and solar
minimizing unnecessary renewable curtailments,
ensuring efficient grid utilization,
and maintain reliable delivery of electricity to industries, businesses, and homes.
Traditional pumped hydro storage is by far the largest and most cost-effective form of energy storage today. However, due to dependency on elevated terrain, pumped hydro storage could not be widely implemented, until Quidnet.