Pumped-storage hydroelectricity

Pumped Hydro Storage Opportunity in India, 2023 Market Report Featuring Greenko, JSW, Adani, Andritz, and NTPC - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 13, 2023
Alternative Energy, Energy, PHS, Research, Polysilazane, Government, Weather, Season, Wind, BESS, Water, Original equipment manufacturer, Electricity, Kilowatt-hour, Pumped-storage hydroelectricity, Renewable energy, Landfill

This research report on Pumped Hydro Storage will enable readers to get a perspective on potential, regulatory framework, planned & upcoming projects in different states, developers, success determinants and risks.

Key Points: 
  • This research report on Pumped Hydro Storage will enable readers to get a perspective on potential, regulatory framework, planned & upcoming projects in different states, developers, success determinants and risks.
  • The Indian Government has also recently revised its figure of pumped storage hydropower potential from 96 GW to 106 GW.
  • The Union Ministry of Power has come out with draft guidelines on pumped hydro storage projects.
  • Pumped Storage Projects account for over 95% of installed global energy storage capacity, well ahead of lithium-ion and other battery types.

India Pumped Hydro Storage Industry Report 2023-2030: Renaissance of Age-Old Self-Sustaining Water Battery Technology to Overshadow Battery Energy Storage

Retrieved on: 
Tuesday, December 12, 2023
PHS, Research, Polysilazane, Government, Weather, Season, Wind, BESS, Water, Original equipment manufacturer, Electricity, Kilowatt-hour, Pumped-storage hydroelectricity, Renewable energy, Landfill

DUBLIN, Dec. 12, 2023 /PRNewswire/ -- The "Pumped Hydro Storage Opportunity in India" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 12, 2023 /PRNewswire/ -- The "Pumped Hydro Storage Opportunity in India" report has been added to ResearchAndMarkets.com's offering.
  • Pumped hydro storage projects (PHPs) is a commonly used technology in which water is pumped from a lower elevation reservoir to a higher elevation using low-cost surplus off-peak electric power to run the pumps.
  • The Union Ministry of Power has come out with draft guidelines on pumped hydro storage projects.
  • Pumped Storage Projects account for over 95% of installed global energy storage capacity, well ahead of lithium-ion and other battery types.

TC Energy’s Pumped Storage Project moving to final evaluation

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Monday, July 10, 2023
News, Saugeen Ojibway Nation Territory, Ministry of Energy (Ontario), Partnership, TRP, EnergySolutions, TC Energy, Donald Duck filmography, Environmental Registry, Pumped-storage hydroelectricity, Municipality, Independent Electricity System Operator, Chippewas of Nawash Unceded First Nation, Electricity, Ontario Energy Board, Saugeen First Nation, OPDC, IESO, Carbon, Laborers' International Union of North America, Government, Ministry, Trust, Investment, Business manager, Division, Map, Project, Nation, TSX, NYSE, TC, Commerce, Renewable energy, Property management, Ojibwe

As part of the announcement, the Ministry of Energy will now commence a final evaluation on the proposed Ontario Pumped Storage Project (the Project) and render a decision by the end of the year.

Key Points: 
  • As part of the announcement, the Ministry of Energy will now commence a final evaluation on the proposed Ontario Pumped Storage Project (the Project) and render a decision by the end of the year.
  • Ontario Pumped Storage is a made-in-Ontario solution that would keep jobs at home and rely on safe domestic supply chains.
  • Proposed for development by TC Energy and its prospective partner Saugeen Ojibway Nation, Ontario Pumped Storage would be Ontario’s largest energy storage project, storing enough clean electricity to power one million homes for 11 hours.
  • By Nov. 30, 2023, the Minister of Energy will make a final determination on Ontario Pumped Storage.

Shanghai Electric Reveals Dual Carbon Action Plan at the Inaugural Carbon Neutrality Expo in Shanghai

Retrieved on: 
Tuesday, June 13, 2023
Carbon, Lithium, Hydrogen, Solar energy, Internet, Shanghai Electric, Datang, Research, Strategic planning, Pumped-storage hydroelectricity, Dual carbon battery, Wind, Coal, GDP, Seawater, Wind power, Water, CSP, Renewable energy, Electric battery

SHANGHAI, June 13, 2023 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) recently unveiled its impressive dual carbon action plan at the inaugural Shanghai International Carbon Neutrality Expo in Technologies, Products and Achievements (Carbon Neutrality Expo), the first-ever carbon-neutral themed exhibition in China. The plan introduces groundbreaking and comprehensive solutions for a new type of power system, as well as three-dimensional zero-carbon industrial park solutions.

Key Points: 
  • SHANGHAI, June 13, 2023 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) recently unveiled its impressive dual carbon action plan at the inaugural Shanghai International Carbon Neutrality Expo in Technologies, Products and Achievements (Carbon Neutrality Expo), the first-ever carbon-neutral themed exhibition in China.
  • The action plan encompasses Shanghai Electric's systematic measures and strategic planning for optimizing and upgrading its corporate structure across various carbon emission scopes, with the aim of achieving the Company's dual carbon goals based on its own operations.
  • The ultimate objectives include a 70 percent reduction in carbon dioxide emissions per unit of GDP by 2030 compared to 2020 levels, reaching carbon neutrality by achieving peak carbon emissions, and achieving full value chain carbon neutrality by 2055.
  • Shanghai Electric's action plan is focused on two major application scenarios — the "comprehensive" new power system solution and the "three-dimensional" zero-carbon industrial park solution.

Shanghai Electric Reveals Dual Carbon Action Plan at the Inaugural Carbon Neutrality Expo in Shanghai

Retrieved on: 
Tuesday, June 13, 2023
Carbon, Lithium, Hydrogen, Solar energy, Internet, Shanghai Electric, Datang, Research, Strategic planning, Pumped-storage hydroelectricity, Dual carbon battery, Wind, Coal, GDP, Seawater, Wind power, Water, CSP, Renewable energy, Electric battery

SHANGHAI, June 13, 2023 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) recently unveiled its impressive dual carbon action plan at the inaugural Shanghai International Carbon Neutrality Expo in Technologies, Products and Achievements (Carbon Neutrality Expo), the first-ever carbon-neutral themed exhibition in China. The plan introduces groundbreaking and comprehensive solutions for a new type of power system, as well as three-dimensional zero-carbon industrial park solutions.

Key Points: 
  • SHANGHAI, June 13, 2023 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) recently unveiled its impressive dual carbon action plan at the inaugural Shanghai International Carbon Neutrality Expo in Technologies, Products and Achievements (Carbon Neutrality Expo), the first-ever carbon-neutral themed exhibition in China.
  • The action plan encompasses Shanghai Electric's systematic measures and strategic planning for optimizing and upgrading its corporate structure across various carbon emission scopes, with the aim of achieving the Company's dual carbon goals based on its own operations.
  • The ultimate objectives include a 70 percent reduction in carbon dioxide emissions per unit of GDP by 2030 compared to 2020 levels, reaching carbon neutrality by achieving peak carbon emissions, and achieving full value chain carbon neutrality by 2055.
  • Shanghai Electric's action plan is focused on two major application scenarios — the "comprehensive" new power system solution and the "three-dimensional" zero-carbon industrial park solution.

Media Advisory - TC Energy reaches agreement with National Defence to develop proposed world-class pumped storage project

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Thursday, July 29, 2021
Energy, Energy storage, Renewable energy, Dams, Articles, S&P/TSX 60, TC Energy, Saugeen Ojibway Nation Territory, Pumped-storage hydroelectricity, Saugeen

CALGARY, Alberta and TORONTO, Ontario, July 28, 2021 (GLOBE NEWSWIRE) -- Media Advisory - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) has reached agreement with the Department of National Defence, that subject to conditions and regulatory approval, allows for the development of a transformative 1,000-megawatt clean energy storage project on federal lands.

Key Points: 
  • CALGARY, Alberta and TORONTO, Ontario, July 28, 2021 (GLOBE NEWSWIRE) -- Media Advisory - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) has reached agreement with the Department of National Defence, that subject to conditions and regulatory approval, allows for the development of a transformative 1,000-megawatt clean energy storage project on federal lands.
  • The Ontario Pumped Storage Project, proposed to be constructed on Department of National Defences 4th Canadian Division Training Centre property by TC Energy, would be Ontarios largest energy storage project, optimizing the provinces electricity system and is estimated to deliver more than $250 million in annual savings to electricity consumers.
  • Energy storage is key to unlocking Canadas transition to a low-carbon economy, while reducing system costs and delivering private sector economic stimulus.
  • Franois Poirier, President and Chief Executive Officer, TC Energy
    The Saugeen Ojibway Nation and TC Energy have been in consultation regarding a potential co-development and joint ownership arrangement on the project.

Daybreak Power – FERC Issues Permit for Massive Storage Project on Columbia River

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Monday, July 19, 2021
Natural Resources, Alternative energy, Energy, Other Natural Resources, Utilities, Energy, Infrastructure, Dams, Energy storage, Articles, Pumped-storage hydroelectricity, Water conservation, Grand Coulee Dam, Grid energy storage

Daybreak Power Inc ., a developer of gigawatt-scale energy storage projects, announced today that the Federal Energy Regulatory Commission has issued a preliminary permit for its proposed 2,650 megawatt Halverson Canyon Pumped Storage project near Creston, Wash., about 35 miles upstream from Grand Coulee Dam on the Columbia River.

Key Points: 
  • Daybreak Power Inc ., a developer of gigawatt-scale energy storage projects, announced today that the Federal Energy Regulatory Commission has issued a preliminary permit for its proposed 2,650 megawatt Halverson Canyon Pumped Storage project near Creston, Wash., about 35 miles upstream from Grand Coulee Dam on the Columbia River.
  • The Halverson Canyon project would not dam any rivers, inundate sacred places or deplete water resources.
  • In June, the Bureau of Reclamation selected the Halverson Canyon project through a competitive process to receive a preliminary Lease of Power Privilege.
  • Daybreak Power is a developer of large-scale energy storage projects, with nearly 50,000 megawatt-hours of pumped storage hydropower capacity in its pipeline.

Malta and Siemens Energy Partner to Develop Novel Turbomachinery for Malta’s 100MW Commercial Energy Storage Project

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Thursday, July 8, 2021
Other Energy, Environment, Utilities, Coal, Alternative energy, Energy, Articles, Energy, Energy storage, Renewable energy, Pumped-storage hydroelectricity, Thermo, Turbomachinery, Thermal energy storage, Other Energy, Environment, Utilities, Coal, Alternative energy, Energy, Articles, Energy, Energy storage, Renewable energy, Pumped-storage hydroelectricity, Thermo, Turbomachinery, Thermal energy storage

Malta Inc., a pioneer in long-duration energy storage, today announced a partnership with Siemens Energy to co-develop the commercial design of innovative new turbomachinery components for Maltas long-duration energy storage system.

Key Points: 
  • Malta Inc., a pioneer in long-duration energy storage, today announced a partnership with Siemens Energy to co-develop the commercial design of innovative new turbomachinery components for Maltas long-duration energy storage system.
  • Maltas Pumped Heat Energy Storage (PHES) system uses components based on industry-proven thermo-mechanic systems adapted for a novel energy storage application.
  • This storage is charged with electricity from any source to be stored as thermal energy, and dispatches at discharge electricity and heat on demand.
  • We are excited to work with Siemens Energy, a world leader in industrial technology and turbomachinery.

Global Compressed Air Energy Storage Market to Reach $10.3 Billion by 2026

Retrieved on: 
Wednesday, June 30, 2021
Energy, Energy storage, Renewable energy, Articles, Pumped-storage hydroelectricity, Compressed-air energy storage, Siemens

SAN FRANCISCO, June 30, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Compressed Air Energy Storage - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, June 30, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Compressed Air Energy Storage - Global Market Trajectory & Analytics" .
  • Companies:16 - Players covered include Airlight Energy Manufacturing SA; Apex Compressed Air Energy Storage, LLC; Bright Energy Storage Technologies LLP; Hydrostor Inc.; Magnum Development LLC; Pacific Gas and Electric Company; Ridge Energy Storage & Grid Services L.P.; Siemens AG; Storelectric Ltd. and Others.
  • Compressed air energy storage is the second-most prevalent energy storage approach after pumped-hydro technique on account of its enhanced reliability, relatively higher efficiency and economic ability.
  • Amid the COVID-19 crisis, the global market for Compressed Air Energy Storage estimated at US$2.9 Billion in the year 2020, is projected to reach a revised size of US$10.3 Billion by 2026, growing at a CAGR of 23.9% over the analysis period.

Quidnet Energy and Emissions Reduction Alberta partner to develop transformative energy storage resource

Retrieved on: 
Thursday, June 17, 2021
Articles, Energy, Energy policy, Emissions reduction, Bright green environmentalism, Renewable energy, Renewable energy technology, Technological change, Pumped-storage hydroelectricity, Renewable energy in Scotland, Renewable energy transition

EDMONTON, Alberta, June 17, 2021 /PRNewswire/ --Taking a step towards reliable renewable energy in Alberta, Quidnet Energy and Emissions Reduction Alberta (ERA), with funding from the Government of Alberta, launched an ambitious project to develop an ultra-low-cost, multi-gigawatt (GW) geologic energy storage resource in Alberta, utilizing Quidnet's modular pumped hydro storage technology.

Key Points: 
  • EDMONTON, Alberta, June 17, 2021 /PRNewswire/ --Taking a step towards reliable renewable energy in Alberta, Quidnet Energy and Emissions Reduction Alberta (ERA), with funding from the Government of Alberta, launched an ambitious project to develop an ultra-low-cost, multi-gigawatt (GW) geologic energy storage resource in Alberta, utilizing Quidnet's modular pumped hydro storage technology.
  • Energy storage solutions like the one developed by Quidnet Energy, store excess energy from renewables in geological formations and dispatch it when demand increases on the power grid.
  • Quidnet Energy's modular pumped storage technology provides the long-duration energy storage that can make widespread use of renewable resources reliable and effective.
  • This project is another example of Alberta taking action to develop the solutions the world needs to achieve its emissions reduction goals."