An abandoned mine in Finland is set to be transformed into a giant battery to store renewable energy during periods of excess production.
The Pyhäsalmi Mine, roughly 450 kilometres north of Helsinki, is Europe’s deepest zinc and copper mine and holds the potential to store up to 2 MW of energy within its 1,400-metre-deep shafts.
The disused mine will be fitted with a gravity battery, which uses excess energy from renewable sources like solar and wind in order to lift a heavy weight. During periods of low production, the weight is released and used to power a turbine as it drops.
Just guessing here but I think they are playing with gear ratios. A large turbine with high resistance being slowly turned by a heavy weight could generate power for an extended period of time.
EDIT: Maybe the shaft is the turbine. Like a big rotating corkscrew.