Quidnet Energy, Hunt Energy Network to Create Texas Energy Storage Wells

Houston-based Quidnet Energy has partnered with Hunt Energy Network (HEN) to scale its geopressured energy storage concept and create 300 MW of geomechanical energy storage projects across Texas. HEN invested $10 million into Quidnet, which has developed a method that utilizes existing oil and gas drilling techniques in tandem with hydropower equipment to store excess […]