A sustainable idea for a greener future
The energy transition creates a need for large-scale energy storage, when fossil energy production is replaced by renewable and weather-dependent energy production. We offer the most efficient and mature technology for storing energy. This storage method is characterized by a low-cost, high round-efficiency, large scale, and a long life-cycle of 60 years.
When wind and solar power makes up a larger share of the energy system, the need to store energy increases – to secure the balance between production and consumption.
Pumped Hydro’s innovative solution means a more efficient and flexible pumped storage technology, which is installed in disused mines. This way, the mines are transformed into a positive asset in the green transition. At the same time, costs can be kept down by using existing infrastructure such as access points to the power grid and roads.