Overseas agent undertakes pumped storage project

What is the International Forum on pumped storage hydropower?

Download all the reports today. Launched in November 2020 by the International Hydropower Association (IHA) and chaired by the U.S. Department of Energy, the International Forum on Pumped Storage Hydropower is a government-led multi-stakeholder platform to shape and enhance the role of pumped storage hydropower in future power systems.

What is the pumped storage hydropower Forum?

Through convening three industry-led Working Groups, the Forum brings together governments, industry, financial institutions, academia and NGOs to develop guidance and recommendations on how sustainable pumped storage hydropower can best support the energy transition. Find out more about the Forum's latest updates.

Can private investment be secured in New pumped-storage hydro projects?

The absence of a framework for large-scale, long-duration storage and flexibility technologies means that private investment cannot currently be secured in new pumped-storage hydro projects, with no new plants built anywhere in the UK since 1984.

Which countries are developing pumped storage?

The United Arab Emirates, Estonia, Indonesia, the Philippines and Vietnam are all developing their first such projects and the examples of the US, Australia and Israel show that pumped storage can be developed by private sector players without specific support mechanisms.

What are the UK's first pumped storage hydropower schemes?

Another first was recently announced by Gilkes Energy in the UK, who released details of its planned 900MW Earba Storage Project in Scotland, the company’s first pumped storage hydropower scheme. Earba Storage Project will store up to 33,000 MWh of energy, making it the largest such scheme in the UK in terms of energy stored.

Can pumped hydro-energy storage be used in the UK?

In February, it was announced that, in partnership with the University of Greenwich and the University of Exeter, UK firm RheEnergise had secured a grant of £1 million from the UK government to help identify and test waste materials that could be used as part of a new form of pumped hydro-energy storage.