Mine Storage Wow

FromMine Storage

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Mine Storage uses the same proven technology as traditional pumped storage, but applies it in an innovative way by using the height difference that you can find in decommissioned mines. As such, the mine itself becomes a circular asset. There are more than 1 million mines that are no longer in use. However, they are not all suitable to become mine storages. This is where our expertise and or IP, called the Mine Storage WoWTM – or Way of Working comes in.

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risk management

site assessment

asset monitoring

We manage the whole value chain, from qualifying and acquiring suitable sites, and project development, to financial structuring, design, procurement and construction, and on to technical and commercial management.

QUALIFICATION

Rights & regulations
Infrastructure
Mine & site assessment
Commercial
Initial Business Case
Market Analysis

DEVELOPMENT

Financial Close
Final Business case
Pre- Design
Risk management
Feasibility Studies
Financial structuring
Consortium formation

CONSTRUCTION

Commissioning
Validation
Installation
Construction
Procurement
Detailed design

OPERATION

Optimization of operation
Operational monitoring
Asset management
SPV administration

INDUSTRIALIZING THE PROJECT DEVELOPMENT

The Mine Storage WoWTM covers all the way from qualification to an operational mine storage to ensure a profitable business case.

It involves everything from qualifying the mine, ensuring land rights, financing, procurement, and overseeing the construction.

ASSET MANAGEMENT FOR OPERATIONAL MINE STORAGES

Once the site is in operation we provide asset management for which we have started to develop a software to optimize the trading strategy of the mine storages.

SUITABLE IN MOST REGIONS

By combining proven technology with a novel setting, the company Mine Storage has unlocked the potential to set up tailor-made energy storage facilities in any location with a suitable mine to repurpose.

END GOAL FOCUS

At Mine Storage, we always approach our project development by first looking at the market rather than being driven by the maximum capacity of a mine site. The market and the revenue streams provide the input for the rest of the project.