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Sign upPumped Hydro Storage (PHS)
A renewable energy storage solution working as a giant water battery that enables the energy transition
01.
Identification
Pumped hydro storage plants store energy using a system of two interconnected reservoirs with one at a higher elevation than the other. Water is pumped to the upper reservoir in times of surplus energy and, in times of excess demand, water from the upper reservoir is released, generating electricity as the water passes through reversible turbines on its way to the lower reservoir. Hydropower can play a defining role in the energy transition thanks to the balancing and system services to the grid that facilitate the integration of variable renewables. With higher needs for storage and grid support services, Pumped Hydro Storage is the natural large-scale energy storage solution. It provides all services from reactive power support to frequency control, synchronous or virtual inertia and black-start capabilities. It brings support that was previously managed by fossil-fueled power plants but with even more reactivity and in a sustainable manner without CO2 emissions.
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Label Date
February 11, 2022
By
GE Vernova
From
United States
Maturity stage
Medium and large scale commercialization
Looking For
Visibility
02.
Implementation Stories
Result
Storage capacity of 34 GWh, equivalent to 340,000 fully-charged electric cars and the renewable electricity generation capacity increased from 520 MW to 1,520 MW, equivalent to a nuclear power plant.
03.
The environmental benefits
- •Capabilities from milliseconds reactivity to weeks of storage capacity: Can provide flexibility at all timescales, in both directions (producing or absorbing extra energy)
- •Pumped Hydro Storage capacity is 100 times higher than that of any available battery solution
- •With total installed storage capacity of 9000 GWh delivering short-medium-and long-term storage, PHS accounts for over 90% of storage capacity and stored energy in grid scale applications globally
- •By reducing reliance on fossil fuels, hydropower avoids up to four billion tons of additional Greenhouse Gas emissions being emitted annually
- •Hydropower has very low mineral requirements compared to other sources (accounting for only 2% of copper needs by 2040 - IEA) and does not use Rare Earth Elements (REEs)
04.
The Financial benefits
- •The most cost-effective large scale long duration energy storage solution
- •Highest energy payback (energy produced/stored over lifetime versus energy required for construction): 8 to 30 times more than any other storage solution
- •With low operational costs (~ 1.5% of the investment cost per kW) because they do not require fuel, existing reservoir hydropower plants are the least costly source of energy storage in many markets
05.
Activity Region
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Europe
Switzerland, France, Portugal, Andorra, Albania, Austria, Åland, Bosnia and Herzegovina, Belgium, Bulgaria, Belarus, Czechia, Germany, Denmark, Estonia, Spain, Finland, Faroe Islands, United Kingdom, Guernsey, Gibraltar, Greece, Croatia, Hungary, Ireland, Isle of Man, Iceland, Italy, Jersey, Liechtenstein, Lithuania, Luxembourg, Latvia, Monaco, Republic of Moldova, Montenegro, Republic of Macedonia, Malta, Netherlands, Norway, Poland, Romania, Serbia, Russia, Sweden, Slovenia, Svalbard and Jan Mayen, Slovakia, San Marino, Ukraine, Vatican City, Kosovo, Scotland,
Asia
China (Mainland), Israel, India, South Korea, United Arab Emirates, Afghanistan, Armenia, Azerbaijan, Bangladesh, Bahrain, Brunei Darussalam, Bhutan, Cyprus, Georgia, Hong Kong SAR, Indonesia, Iraq, Iran, Jordan, Japan, Kyrgyzstan, Cambodia, North Korea, Kuwait, Kazakhstan, Laos, Lebanon, Sri Lanka, Myanmar [Burma], Mongolia, Macao SAR, Maldives, Malaysia, Nepal, Oman, Philippines, Pakistan, State of Palestine, Qatar, Saudi Arabia, Singapore, Syria, Thailand, Tajikistan, East Timor, Turkmenistan, Turkey, Taiwan, Uzbekistan, Vietnam, Yemen,
Africa
Angola, Burkina Faso, Burundi, Benin, Botswana, Democratic Republic of the Congo, Central African Republic, Republic of the Congo, Ivory Coast, Cameroon, Cape Verde, Djibouti, Algeria, Egypt, Western Sahara, Eritrea, Ethiopia, Gabon, Ghana, Gambia, Guinea, Equatorial Guinea, Guinea-Bissau, British Indian Ocean Territory, Kenya, Comoros, Liberia, Lesotho, Libya, Morocco, Madagascar, Mali, Mauritania, Mauritius, Malawi, Mozambique, Namibia, Niger, Nigeria, R̩union, Rwanda, Seychelles, Sudan, Saint Helena, Sierra Leone, Senegal, Somalia, South Sudan, Ṣo Tom̩ and Pr?_ncipe, Swaziland, Chad, French Southern Territories, Togo, Tunisia, Tanzania, Uganda, Mayotte, South Africa, Zambia, Zimbabwe,
North america
United States, Antigua and Barbuda, Anguilla, Aruba, Barbados, Saint Barth̩lemy, Bermuda, Bonaire, Sint Eustatius and Saba, Bahamas, Belize, Canada, Costa Rica, Cuba, Curacao, Dominica, Dominican Republic, Grenada, Greenland, Guadeloupe, Guatemala, Honduras, Haiti, Jamaica, Saint Kitts and Nevis, Cayman Islands, Saint Lucia, Saint Martin, Martinique, Montserrat, Mexico, Nicaragua, Panama, Saint Pierre and Miquelon, Puerto Rico, El Salvador, Sint Maarten, Turks and Caicos Islands, Trinidad and Tobago, Saint Vincent and the Grenadines, British Virgin Islands, U.S. Virgin Islands,
South america
Argentina, Bolivia, Brazil, Bouvet Island, Chile, Colombia, Ecuador, Falkland Islands, French Guiana, South Georgia and the South Sandwich Islands, Guyana, Peru, Paraguay, Suriname, Uruguay, Venezuela,
Australia
American Samoa, Australia, Cocos [Keeling] Islands, Cook Islands, Christmas Island, Fiji, Micronesia, Guam, Heard Island and McDonald Islands, Kiribati, Marshall Islands, Northern Mariana Islands, New Caledonia, Norfolk Island, Nauru, Niue, New Zealand, French Polynesia, Papua New Guinea, Pitcairn Islands, Palau, Solomon Islands, Tokelau, Tonga, Tuvalu, U.S. Minor Outlying Islands, Vanuatu, Wallis and Futuna, Samoa,
- Headquarters
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06.
Company Profile
GE Vernova
We are leading a new era of energy – electrifying the world while simultaneously working to decarbonize it
View company profile Solution website
Headquarters
East Cambridge, MA 02141, USA
07.
Related Topics
08.
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