Turning Abandoned Oil and Gas Wells into Energy Storage Vaults

Texas Energy Efficiency Quidnet Energy

Jesse Remillard, ERS, for Zondits A startup company, Quidnet Energy, founded by Aaron Mandell and Howard Schmidt, has the potential to drastically lower the cost of energy storage. The pilot project implemented in 2015 uses excess electricity to pump large volumes of water into an abandoned natural gas well in Texas at high pressures. When … Read more