Pumped storage hydropower makes up the vast majority of all installed grid-scale energy storage capacity worldwide. This technology is ideally positioned to support the integration of intermittent renewables (wind and solar) into the electric grid, which is growing exponentially worldwide.
So where is pumped storage hydro headed in the future? How will it be affected by the growth in installation of battery storage facilities? How are developers going to overcome obstacles – such as high capital costs and long development schedules – to keep this technology active and relevant?
Representatives of companies that own, support or are developing pumped storage plants globally will provide their perspectives on this important topic – and its future.