Wujiang energy group pumped storage

Should China invest in pumped storage hydropower?

China has been urged to optimise pumped storage hydropower stations such as Huanggou in Heilongjiang Province, while also expanding battery storage (Image: Wang Jianwei / Xinhua / Alamy) Pumped storage hydropower supports China’s transition to renewable energy by generating electricity when the sun is not shining nor the wind blowing.

Does pumped storage have an environmental impact statement?

As a self-financing, vertically integrated utility responsible for delivering power to 10 million people in the Tennessee Valley, it can capture the benefits of pumped storage regardless of whether the market knows how to price them. But it does have to complete an environmental impact statement.

Are pumped storage plants a good investment?

New pumped storage plants take longer than that to license and build, cost billions, and can last a century—a virtue, but also a commitment that takes nerve in a rapidly changing market. It’s possible utilities will be spared that choice by long-duration storage technologies that are still being developed.

Which countries have pumped storage plants?

In the Alps, where pumped storage was invented in the late 19th century, Switzerland opened a plant in 2022 called Nant de Drance that can deliver 900 megawatts for as long as 20 hours. Austria, too, has ambitious plans.