Closed-loop pumped-hydro storage offers more chances to minimize environmental effects on water sources and overcomes the problem of finding suitable sites. According to an Australian research team, closed-loop systems could prevail on open-loop systems in the future and this trend is confirmed by another group of scientists from the United States.
The World Bank has agreed to finance part of a project owned by Indonesian state-owned utility, PLN. The facility is planned to enable a larger penetration of renewable energy to provide with power two large demand centers in West Java.
Norwegian consultancy DNV today published the latest of its annual surveys of the state of the energy transition and lamented the fact so very little has been achieved during the last five years. We are forging ahead into a world that will be 2.3C hotter this century, predicts the report.
Developer Terna Energy claims the Amphilochia pumped hydroelectric energy storage project has entered the final stretch. If built, the large scale facility can boost Greece’s independence from fossil fuels and the government’s strategy for a coal-free electricity system by 2025.
A new pumped hydro energy storage plant is set to begin construction in Australia for the first time in almost four decades with the financial close of Genex Power’s Kidston Clean Energy Hub.
An group of international scientists has developed a mathematical model to design hybrid renewable energy systems relying on pumped hydro storage for islands. According to their analysis, which was applied to the Ometepe island in Nicaragua, a similar system could provide a cost of energy ranging from €0.047/kWh to €0.095/kWh.
Australian utility AGL is transforming its operations in a number of ways, from restructuring the company itself, to building energy storage facilities for flexible distribution of renewable energy into the future. The company is also planning to build a pumped-hydro facility at a disused open-cut coal mining site in eastern Australia.
The Greek government has published its plan for a post-Covid economic recovery. The strategy aims to mobilize at least €10 billion towards the green energy sector, with the prospect of further EU loans on top.
Construction is expected to commence in the weeks ahead on the massive 250 MW Kidston Pumped Hydro Storage Project in Queensland, as developer Genex Power has announced a $115 million share issue that will deliver the funds for the project to proceed.
EDF and Oceanus plan to build a pumped hydro storage station and a desalination system powered by wind and solar. The system will use saltwater to produce hydropower during periods of high demand, while producing affordable freshwater.
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