Latest Mine Storage News & Updates

See the latest news and media coverage for Mine Storage. We track all announcements, press releases, and industry mentions in real time, all in one place.

Mine Storage

Pumped hydro energy storage in mines

minestorage.com

Headquarters: Stockholm, Sweden
Founded year: 2020
Company type: Private company
Number of employees: 10–50

Last updated Today

Latest news about Mine Storage

In short: Mine Storage progressed its strategy to repurpose abandoned mines into long-duration energy storage facilities and secured key project financing.

Company announcements

March 11 Mine Storage

Mine Storage develops pumped hydro projects using repurposed mining infrastructure

First projects in Sweden progress through development, forming a broader pipeline. Repurposing provides long-duration storage for grid stability amid rising demand.

February 5 Mine Storage

Mine Storage evaluates Höganäs mine for energy storage

Höganäs Energi commissions a staged pre-study assessing geological suitability, engineering design, grid integration, and environmental factors. It supports Mine Storage’s strategy for repurposed mine projects.

January 29 Mine Storage

Mine Storage advocates built-in flexibility for future power grids

Energy storage requires aligned revenue, regulation, and risk. European coalitions push LDES integration for security and decarbonization. UK plans 30 GW storage by 2030.

January 22 Mine Storage

Mine Storage welcomes energy storage tariff proposal

Svenska Kraftnät proposes a separate customer category, recognizing storage as a system function. This corrects pricing signals for balancing, congestion relief, and stability.

Media coverage

May 26 Geeky Gadgets

Why Abandoned Coal Mines Could Become the World’s Biggest Batteries

Repurposing abandoned coal mines as large-scale energy storage facilities presents a compelling blend of engineering and sustainability. These mines, often equipped with existing infrastructure, could...

March 20 MSN

Oak Ridge National Laboratory looking at turning abandoned mines into pumped storage hydropower facilities

A team at ORNL recently conducted a study on the possibility of using old mines as energy storage facilities and the impact it would have.

March 16 Standard Speaker

Letter: Repurpose old mine sites for data centers

On March 9, The Wall Street Journal published a letter from a former president of the American Institute of Mining, Metallurgical & Petroleum Engineers. I...

March 9 MSN

Scientists plan to turn dead US coal mines into giant water batteries

Oak Ridge National Laboratory is investigating whether thousands of abandoned coal mines scattered across the United States could serve as underground reservoirs for pumped storage...

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