Hasty Briefsbeta

Bilingual

Quidnet wants to use the Earth as a giant battery

9 months ago
  • #renewable-energy
  • #energy-storage
  • #innovation
  • Quidnet Energy successfully tested storing energy for up to six months using pressurized water underground.
  • The technology is a twist on traditional pumped hydro storage, storing water in impermeable rock formations instead of uphill reservoirs.
  • Quidnet's system showed no energy loss during the six-month test, discharging 35 megawatt-hours efficiently.
  • The approach could provide cheap, long-duration storage to support inconsistent renewable energy sources like wind and solar.
  • Quidnet's technology is expected to reach a maximum efficiency of 65%, though practical designs may achieve around 50%.
  • The company is building a facility with turbines to convert pressurized water back into electricity, aiming for deployment in early 2026.
  • Quidnet's domestic content may help it qualify for federal tax credits under new supply chain restrictions.
  • Lithium-ion batteries remain the benchmark for cost and efficiency, but long-duration storage like Quidnet's could still be viable if cost-competitive.