Powering
Our
Modular Pumped Storage,
Enabling the Zero-Carbon Grid
Future
Modular Pumped Storage Enabling the Zero-Carbon Power Grid
Quidnet's breakthrough energy storage technology is enabling the zero-carbon grid.
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. This drives down large-scale electric grid storage costs to half that of traditional pumped hydro storage and enables widescale deployment of renewable energy across the power grid
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Spotlight
Quidnet exhibits pumped storage tech at inaugural Breakthrough Energy Summit
In October 2022, Quidnet presented their Geomechanical Pumped Storage (GPS) technology at the first ever Breakthrough Energy Summit. Quidnet was one of the first companies selected for funding by Breakthrough Energy Ventures, the investment division of Breakthrough Energy.
At the Breakthrough Energy Summit, Quidnet CEO Joe Zhou and COO Jason Craig introduced Bill Gates and Rodi Guidero to a wellhead from an early GPS installation.
ARPA-E awards Quidnet $10 million for project in Texas
The Department of Energy’s ARPA-E division selected Quidnet as one of just eight companies to receive funding through the 2022 iteration of SCALEUP, an initiative which supports energy technologies determined to be feasible for commercialization. The agency awarded Quidnet $10 million to support the company’s previously announced Geomechanical Pumped Storage project with CPS Energy, the largest municipal utility in the U.S.
Quidnet CEO Joe Zhou Featured in Emission Reduction Alberta’s Carbon Copy Podcast
Carbon Copy, one of Canada’s premier energy transition podcasts, features Quidnet CEO Joe Zhou explaining the tectonic shift going on in the energy value chain and how Quidnet is uniquely poised to answer that challenge with low-cost, modular GPS. Join Joe and Carbon Copy host Dr. Mark Summers for a fascinating discussion on the role of Long Duration Energy Storage.
Quidnet Energy founds Long Duration Energy Storage Council (LDES Council) with 24 partner companies
CEO Joe Zhou attended the launch of the LDES Council in Glasgow during COP26. The Council has released with McKinsey & Company a landmark report detailing how long duration energy storage technologies like Quidnet's Geomechanical Pumped Storage (GPS) are vital to our clean energy future.
Texas Monthly features Quidnet in October edition
Award-winning journalist Russell Gold profiled Quidnet Energy for Texas Monthly, detailing how Quidnet uses oil and gas industry talent and technology to build a clean energy future.
Energy Secretary Granholm invites Quidnet to Houston Energy Roundtable at Greentown Labs on May 28, 2021
Joining a handful of innovative organizations tackling the energy/climate challenge, Joe Zhou outlined how Quidnet's use of existing oil and gas supply chains for its subsurface energy storage technology can help accelerate the energy transition.
Joe joins Jason for My Climate Journey Podcast
CEO Joe Zhou and Quidnet Energy were featured on My Climate Journey, a podcast hosted by Jason Jacobs. In this episode, Joe reveals how Quidnet's Geomechanical Pumped Storage (GPS) energy storage solution can be a game-changer because of its rapid, low-cost scalability.
Quidnet Energy Highlighted on Discovery+ Science channel TV Show “If We Built It Today”
Standing nearly 1,000 feet above street level on the observation deck of the Sales Force Tower in San Francisco, Joe Zhou explains how Quidnet's technology is the next generation of pumped-hydro storage for the Discovery+ production crew.
CPS Energy & Quidnet Energy Announce Landmark Agreement to Build Grid-Scale, Long Duration, Geomechanical Pumped Storage Project in Texas
Innovative Energy Storage Uses Oil & Gas Technology and Talent to Support CPS’ Flexible Path Emissions Reduction by 80 percent by 2040.
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