Pumped Hydro Energy Storage Is Having a Renaissance

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In Vattenfall’s central control room, human operators aided by algorithms monitor the electricity grid, and the market, to judge whether their pumped hydro plants ought to be generating or pumping. Kühne adds that the frequency of alternating between these modes has gone up over time because of renewables’ variability.

If you can get the response right, however, you can make a lot of money. On its website, Vattenfall describes pumped hydro as “highly profitable.” A paper published last month



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Pumped Hydro Energy Storage Is Having a Renaissance


In Vattenfall’s central control room, human operators aided by algorithms monitor the electricity grid, and the market, to judge whether their pumped hydro plants ought to be generating or pumping. Kühne adds that the frequency of alternating between these modes has gone up over time because of renewables’ variability.

If you can get the response right, however, you can make a lot of money. On its website, Vattenfall describes pumped hydro as “highly profitable.” A paper published last month



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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