Quidnet Energy, ERA to develop Geologic Energy Storage Resource in Brooks

Quidnet Energy and Emissions Reduction Alberta (ERA), with funding from the Government of Alberta, have launched a project to develop an ultra-low-cost, multi-gigawatt (GW) geologic energy storage resource in Alberta, utilizing Quidnet's modular pumped hydro storage technology. The project has received CAD5 million (US$3.9 million) in funding from ERA and will take place at Quidnet's geologic test site in Brooks.

Quidnet's Geomechanical Pumped Storage (GPS) technology stores energy in the form of water compressed between layers of shale and enables renewable energy projects to store excess energy for extended periods of time, to be released when the grid needs power. Quidnet's technology provides balance to the grid and optimizes utilization of transmission infrastructure for delivering renewable generation to load centers for grid decarbonization.