CPS Energy & Quidnet Energy Announce Landmark Agreement to Build Grid-Scale, Long Duration, Geomechanical Pumped Storage Project in Texas
SAN ANTONIO, March 7, 2022 /PRNewswire/ -- CPS Energy and Quidnet Energy today announced a 15-year commercial agreement for an energy storage project employing Quidnet's Geomechanical Pumped Storage (GPS) technology. This project will support CPS Energy's 'Flexible Path' Resource Plan to reduce net emissions by 80 percent by 2040. Energy storage is a key part of that plan,
Source: energycentral.com