Maria Gallucci of Canary Media reports on a Texas geothermal startup that is storing energy underground.
- Sage Geosystems is a Texas geothermal startup that is looking to advance geothermal energy storage.
- The process works by pumping water into underground wells of depleted oil and gas reserves and releasing the water to spin a turbine and generate electricity.
- The company estimates that pumping 5,000 barrels of water would produce 200 kilowatts of electricity during a 5 hour stretch.
Read the full article here.