With Hollywood seed funding, startup is testing abandoned oil and gas wells as grid-scale energy storage solution for wind and solar generation
“Our goal is to get to a cost point that’s potentially lower by a factor of about ten times than the batteries that you read about in the popular media, especially from companies like Tesla,” Aaron Mandell, Quidnet founder
Fossil fuels may consist of the majority of global energy consumption, but every year green energy continues to grow its footprint.

Source: BP

In BP plc’s (ticker: BP) 2015 St...

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