Pumped storage can play a major role as the country addresses its rapidly growing needs for storage capacity and carbon-free power. Pumped storage hydroelectric projects have been providing valuable ...

Hydro has made the final investment decision for its largest hydropower development in over 20 years. Construction of the Illvatn pumped storage power plant in the Luster Municipality will begin this ...

Grid stability and fast response: In order to handle spikes in demand, pumped hydro facilities can quickly ramp up to full ...

Journalist Robert Kunzig explains how an old technology could complement wind and solar installations to decarbonize the electric grid. However, big upfront costs and thorny land-use issues would ...

The Bac Ai pumped-storage hydropower project in the south-central province of Khanh Hoa has secured two international loan ...

The global energy storage market almost tripled in 2023, according to BloombergNEF. Last year’s record global additions of 45 GW and 97 GWh is expected to be followed by even larger growth this year.

Romania's Hidroelectrica and the National Renewable Energy Laboratory (NREL) - U.S. Department of Energy have initialled a memorandum that puts Romania at the forefront of Europe in the storage of ...

The project, which is included in the approved National Power Development Plan for 2021–2030 with a vision towards 2050, is ...

As the world strives to meet net-zero emissions goals amid geopolitical and supply chain disruptions that threaten energy imports, emerging markets are turning to hydropower investment and storage to ...