Riverbank’s Aquabank™ is an underground alternative power generation facility that produces
electricity from turbines located underground near a suitable water source with a combined installed capacity of 1,000 MW.
Aquabank™ system temporarily diverts water from the source using the force of gravity down 600 metre shafts to an underground
powerhouse, where it travels through four massive turbines, thereby creating emission-free electric power. This newly generated
power is then harnessed by a transformer and sent to the power grid to help accommodate peak consumption periods in urban
Once through the turbines, the water is then temporarily stored in enormous reservoirs at approximately
the same depth as the powerhouse before being pumped back to its original source using lower cost power from traditional and
renewable power sources.
This new power generation will provide a valuable alternative to fossil peaking generation
and will enable renewable sources to be optimized.