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Quidnet Energy and Emissions Reduction Alberta partner to develop transformative energy storage resource

Business Insider
 2021-06-17

Project showcases technology that stores energy in water underground to compliment renewable energy projects. EDMONTON, Alberta, June 17, 2021 /CNW/ -- Taking a step towards reliable renewable energy in Alberta, Quidnet Energy and Emissions Reduction Alberta (ERA), with funding from the Government of Alberta, launched an ambitious project to develop an ultra-low-cost, multi-gigawatt (GW) geologic energy storage resource in Alberta, utilizing Quidnet's modular pumped hydro storage technology. This project taps into the tremendous talent of Albertans who will continue to build long-lasting careers in the energy industry.

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