IF Technology is a leading geothermal energy engineering and consultancy company based in the Netherlands. It employs 95 engineers and specializes in shallow geothermal and underground energy storage systems. One of its key services is Aquifer Thermal Energy Storage (ATES) systems, which use underground aquifers to store cold or heat from various sources like surface water, waste heat, or solar energy. ATES is expected to grow significantly by 2020 as renewable energy use increases and legal frameworks are updated to better regulate large-scale underground energy storage projects.