The HOT Energy Group, RED Drilling & Services, and Chemieanlagenbau Chemnitz (CAC) have formed a partnership for underground energy storage applications (UEST). The consortium builds on the individual strengths, specialised know-how and cutting-edge solutions for natural gas, carbon dioxide and hydrogen storage.
Being a solution provider and project developer for underground storage applications, UEST aims at accelerating the implementation of hydrogen and carbon dioxide storage operations to support the energy transition towards a low/zero carbon economy.
UEST consolidates 95 years of corporate experience in underground gas storage (UGS), gathered in collaboration with storage operators, leading universities and research organisations.
“The UEST consortium is a centre of excellence and trusted partner for underground storage developers and operators, as it builds on decades of expertise and offers a well-rounded service portfolio – from prospect assessment and operational planning, drilling, workover and well engineering solutions, all the way through to surface facilities ‘concept to handover’”, said Dr Diethard Kratzer, CEO HOT Energy Group.
Read the article online at: https://www.hydrocarbonengineering.com/tanks-terminals/01032021/new-uest-alliance-formed/