Safe storage facilities are key in the transition from fossil fuels to renewable energies. We help shape the energy revolution by developing innovative underground storage solutions. That involves investing in research and applying our findings to new business fields.
But wind and solar energy have a downside: generation is as volatile as our weather and rarely corresponds to actual demand. The energy revolution therefore requires storage capacity for the renewable energy.
For some time now, we have been working successfully on numerous projects for storing renewable energy in the form of compressed air and hydrogen in caverns. Geothermal energy is another building block of renewable energies where we can draw on our comprehensive knowledge in the fields of geology and drilling technology.