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.