Pumped-storage hydroelectricity

Global Energy Storage Systems Market Outlook to 2025 - Market Expected to Proliferate During the Forecast Period, Despite the Outbreak of COVID-19

Retrieved on: 
Tuesday, August 4, 2020

DUBLIN, Aug. 4, 2020 /PRNewswire/ -- The "Global Energy Storage Systems Market Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Aug. 4, 2020 /PRNewswire/ -- The "Global Energy Storage Systems Market Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.
  • Improving energy storage economics, innovations in financing and business models, the growing integration of storage with renewables, increasing replacement of gas peaker plants, supportive government policies and schemes, increasing adoption of Energy Storage Systems (ESS) to enhance the resilience of the electrical grid are some of the factors driving the energy storage systems market.
  • According to the report, despite the challenges presented by the COVID-19 outbreak, the outlook for energy storage remains strong, and the market is expected to proliferate during the forecast period.
  • Also, the study comprehensively analyzes the energy storage systems market by segmenting it based on geography, and by type (Batteries, Pumped-storage Hydroelectricity (PSH), Thermal Energy Storage (TES), Flywheel Energy Storage (FES), Others (Compressed Air Energy Storage (CAES), etc.

World Energy Storage Systems Market 2020-2025: Focus on Batteries, PSH, TES, FES and Others - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 30, 2020

The "Global Energy Storage Systems Market Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Energy Storage Systems Market Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.
  • Improving energy storage economics, innovations in financing and business models, the growing integration of storage with renewables, increasing replacement of gas peaker plants, supportive government policies and schemes, increasing adoption of Energy Storage Systems (ESS) to enhance the resilience of the electrical grid are some of the factors driving the energy storage systems market.
  • According to the IMF World Economic Outlook published in June 2020, the world economy is set to post a -4.9% GDP growth rate in 2020.
  • Also, the study comprehensively analyzes the energy storage systems market by segmenting it based on geography, and by type (Batteries, Pumped-storage Hydroelectricity (PSH), Thermal Energy Storage (TES), Flywheel Energy Storage (FES), Others (Compressed Air Energy Storage (CAES), etc.

Quidnet Energy Gears Up for Commercial Deployment of Long Duration Energy Storage

Retrieved on: 
Tuesday, June 23, 2020

"Quidnet unlocks these constraints to fundamentally change the economics and deployment profile of long-duration storage.

Key Points: 
  • "Quidnet unlocks these constraints to fundamentally change the economics and deployment profile of long-duration storage.
  • It uses time-tested well-drilling and construction technologies to pump water under pressure into subsurface geological reservoirs to store energy.
  • When variable renewable energy is not available, this water is released to drive hydroelectric turbines to power the electric grid.
  • "Our strategic investment in Quidnet Energy is helping to deliver a cost-effective alternative to traditional pumped hydro, today's predominant solution for long-duration storage."

Ellomay Capital Announces the Approval of a Conditional License for the Manara Cliff Pumped Storage Project by the Israeli Electricity Authority

Retrieved on: 
Tuesday, June 23, 2020

The Conditional License regulates the construction of a pumped storage plant in the Manara Cliff with a capacity of 156MW (the "Manara Cliff Pumped Storage Project").

Key Points: 
  • The Conditional License regulates the construction of a pumped storage plant in the Manara Cliff with a capacity of 156MW (the "Manara Cliff Pumped Storage Project").
  • The Conditional License is subject to the approval of the Israeli Minister of Energy (the "Minister") and the submission of a bond by Ellomay PS.
  • The Conditional License includes several conditions precedent to the entitlement of the holder of the Conditional License to receive an electricity production license.
  • Based on the current regulation applicable to the Conditional License, the financial closing is required to occur by December 31, 2020.

Navigant Research Report Shows Lithium Ion Batteries Expected to Account for 85% of Newly Installed Energy Storage Capacity

Retrieved on: 
Thursday, March 5, 2020

In this growing market, Lithium ion (Li-ion) batteries have maintained a prominent place in the transformation of the power grid.

Key Points: 
  • In this growing market, Lithium ion (Li-ion) batteries have maintained a prominent place in the transformation of the power grid.
  • Although pumped hydro storage (PHS) still accounts for 96% of installed energy storage capacity worldwide, Li-ion is the choice technology among project developers and system integrators, says Ricardo F. Rodriguez, research analyst with Navigant Research.
  • The technology is expected to account for 85% of newly installed energy capacity.
  • The report, Energy Storage Tracker 4Q19 , provides a comprehensive resource of global energy storage projects.

Massive Battery Proposed Near Retired Navajo Coal Plant, Reports Daybreak Power

Retrieved on: 
Friday, January 17, 2020

The Navajo Energy Storage Station (NESS) is a pumped storage hydropower facility that would use water from Lake Powell and a new reservoir on a plateau above the lake to create a gigantic battery.

Key Points: 
  • The Navajo Energy Storage Station (NESS) is a pumped storage hydropower facility that would use water from Lake Powell and a new reservoir on a plateau above the lake to create a gigantic battery.
  • Unlike other proposed pumped storage projects in the region, the NESS project would not dam any rivers, inundate sacred places or deplete precious groundwater.
  • The Navajo Energy Storage Station does that, said Daybreak CEO Jim Day.
  • 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.

Pumped Hydro Storage Market to Cross $400 Billion by 2026: Global Market Insights, Inc.

Retrieved on: 
Friday, October 25, 2019

Some major findings of the pumped hydro storage market Share report include:

Key Points: 
  • Some major findings of the pumped hydro storage market Share report include:
    Demand for sustainable energy storage technologies is growing on account of exponential increase in electricity consumption.
  • Spain pumped hydro storage market will witness a growth of over 6% up to 2026.
  • Pumped Hydro Storage Market Statistics, By System
    1.1 Global market share by system, 2019 & 2026
    1.2.1 Global market from open loop, 2015 2026
    1.2.2 Global market from open loop, by region, 2015 - 2026
    1.3.1 Global market from closed loop, 2015 2026
    1.3.2 Global market from closed loop, by region, 2015 - 2026
    1.4.1 Global market from innovative, 2015 2026
    1.4.2 Global market from innovative, by region, 2015 - 2026
    The key players operating across the pumped hydro storage market includes Schluchseewerk AG, Nevada, Voith, Northland Power, Genex, SinoHydro, EDF, Toshiba, RusHydro, Abroska, GE Alstom, Donfang Electric, Enel and J-Power.
  • Energy Storage Systems Market Projections 2025: ESS market from renewable capacity firming application will grow over 10% up to 2025.

Pumped Hydro Storage Market to Cross $400 Billion by 2026: Global Market Insights, Inc.

Retrieved on: 
Friday, October 25, 2019

Some major findings of the pumped hydro storage market Share report include:

Key Points: 
  • Some major findings of the pumped hydro storage market Share report include:
    Demand for sustainable energy storage technologies is growing on account of exponential increase in electricity consumption.
  • Spain pumped hydro storage market will witness a growth of over 6% up to 2026.
  • Pumped Hydro Storage Market Statistics, By System
    1.1 Global market share by system, 2019 & 2026
    1.2.1 Global market from open loop, 2015 2026
    1.2.2 Global market from open loop, by region, 2015 - 2026
    1.3.1 Global market from closed loop, 2015 2026
    1.3.2 Global market from closed loop, by region, 2015 - 2026
    1.4.1 Global market from innovative, 2015 2026
    1.4.2 Global market from innovative, by region, 2015 - 2026
    The key players operating across the pumped hydro storage market includes Schluchseewerk AG, Nevada, Voith, Northland Power, Genex, SinoHydro, EDF, Toshiba, RusHydro, Abroska, GE Alstom, Donfang Electric, Enel and J-Power.
  • Energy Storage Systems Market Projections 2025: ESS market from renewable capacity firming application will grow over 10% up to 2025.

Innovations in Grid Batteries, Solar Panels, Pumped Hydro, Lithium Batteries, and Thermal Energy Storage, 2019 Study - ResearchAndMarkets.com

Retrieved on: 
Friday, June 7, 2019

The "Innovations in Grid Batteries, Solar Panels, Pumped Hydro, Lithium Batteries, and Thermal Energy Storage" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Innovations in Grid Batteries, Solar Panels, Pumped Hydro, Lithium Batteries, and Thermal Energy Storage" report has been added to ResearchAndMarkets.com's offering.
  • This edition of the Energy and Power Systems TechVision Opportunity Engine (TOE) covers innovations in various forms of battery technologies such as lithium batteries, solid-state batteries, and so on.
  • The TOE also covers developments in other energy storage innovations such as pumped hydro and thermal energy storage.
  • The topics regularly presented range from energy storage technologies (solid state batteries, solar chemical storage and other advanced energy storage devices) to non-renewable energy such as oil and gas.

Global Energy Storage Market by Type, Application, Location of Deployment, and Geography (2019-2024) - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 22, 2019

The "Energy Storage Market Size, Share - Segmented by Type (Pumped Storage, Lithium Ion, Flow Battery, Lead Acid Battery), By Application, Location of Deployment, and Geography - Growth, Trends and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Energy Storage Market Size, Share - Segmented by Type (Pumped Storage, Lithium Ion, Flow Battery, Lead Acid Battery), By Application, Location of Deployment, and Geography - Growth, Trends and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering.
  • In 2017, globally, about 1,315 energy storage projects were operational, with 14 projects under construction.
  • As of April 2017, global installed energy storage was around 176 GW.
  • Lithium-ion batteries are expected to be the fastest-growing energy storage systems due to their high power and high-energy density.