As the global community accelerates its transition toward renewable energy, the importance of reliable energy storage becomes increasingly evident. Among the various technologies available, pumped storage hydropower (PSH) stands out as a cornerstone solution, ensuring grid stability and sustainability.
Forms of PSH that are seawater-based, small-scale or based at former mining sites could potentially mitigate some of these impacts and enable PSH development in areas where it is not currently practical. Pumped storage hydropower stores energy and provides services for the electrical grid.
These potential services and impacts are discussed in this section. Fig. 4: Economic and environmental factors and impacts. Pumped storage hydropower provides energy storage for power systems, ancillary grid services and water management, but also has economic and environmental impacts. GHG, greenhouse gas; VRE, variable renewable energy.
Hydropower is gaining greater recognition for the important role it can play, as the global power industry recognises flexibility is key to delivering energy security for the future. Malcolm Turnbull, President of the International Hydropower Association says it’s not a choice between batteries and pumped hydro.
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