Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


Absaroka Montana Pumped Hydro Project Secures Funding (Funding)
Absaroka Energy
Date: 2019-07-17
Bozeman, Montana-based Absaroka Energy reports it has secured financing for a planned 400 MW pumped hydro project near Martinsdale, Montana, through an equity investment from Denmark's Copenhagen Infrastructure Partners (CIP).

The $1 billion closed loop Gordon Butte Pumped Storage Hydro project, which previously secured construction and operation permits from FERC, is designed to help integrate more renewable energy onto the Pacific Northwest electrical grid and could start work in 2020. GE Renewable Energy will supply the pump and turbine equipment for the project. (Source: Absaroka Energy, AP, Utility Dive, 15 July, 2019) Contact: Absaroka Energy, Carl Borgquist President and CEO, Eli Bailey, VP Bus. Dev., 406-585-3006, www.absarokaenergy.com

More Low-Carbon Energy News Absaroka Energy,  Pumped Energy Storage,  Energy Storage,  


Snowy Hydro Expanding Pumped Hydro Energy Storage Capacity (Int'l)
Snowy Hydro
Date: 2018-12-14
In the Land Down UNder, Cooma, NSW-based Snowy Hydro Limited reports its board has approved a final investment decision to proceed with the proposed Snowy 2.0 pumped-storage hydro expansion, subject to shareholder approval.

Snowy 2.0, a pumped-storage hydro expansion of the existing Snowy Scheme, will provide as much as 2,000 MW of on-demand electric power generation and 350,000 MWh of large-scale energy storage at an expected cost of $4.5 billion.

Snowy Hydro owns and operates about 5,500 MW of generation capacity, including the Snowy Mountains scheme in Australia. (Source: Snowy Hydro Ltd., Hydro World, 12 Dec., 2018) Contact: Snowy Hydro, + 61 2 6453 2888, info@snowyhydro.com.au, www.snowyhydro.com.au

More Low-Carbon Energy News Hydro,  Hydro Energy Storage,  Pumped Energy Storage,  


DOE Selects Pumped Storage Projects for Study (Ind. Report)
US DOE, Energy STorage
Date: 2018-12-05
In Washington, U.S. Department of Energy (DOE) has announced selections for its Notice of Opportunity for Technical Assistance (NOTA) to perform techno-economic studies to evaluate the long-term value of two selected pumped-storage hydropower (PSH) projects. While PSH projects were initially built to balance the electricity system between period of high demand during the day and low demand at night, increases in variable renewable generation have changed how plants are operated and the value they provide to the grid. For example, instead of generating during the day and pumping at night, many plants now change operational modes multiple times per day and are relied on to provide quick ramping or frequency response.

Determining the value of PSH under these changing grid conditions is a significant challenge that requires new modeling tools and analysis. These studies will provide PSH developers with improved capabilities to estimate the value of a proposed PSH project and compare financial revenue streams under current market structures relative to the economic value of PSH projects to the grid.

The techno-economic studies for the two selected projects will be carried out by a Technical Assistance team comprising subject matter experts from the following DOE national laboratories: Argonne National Laboratory, Idaho National Laboratory, National Renewable Energy Laboratory, Oak Ridge National Laboratory, and Pacific Northwest National Laboratory.

The studies will support a larger multi-year research strategy to define the capabilities and estimate the value that hydropower and PSH resources contribute to electric grid resilience and reliability and how those contributions could be optimized for a rapidly evolving grid.

The Technical Assistance team has developed draft guidance -- a step-by-step methodology that can be used by PSH developers, plant owners and operators, and other stakeholders to assess the economic value of existing or planned PSH projects. The methodology will be applied at the two sites below to evaluate and demonstrate the potential economic and financial value of the proposed projects. Through these studies, the team will test and refine the valuation guidance, after which the guidance and valuation tools will be made publicly available for use by the hydropower industry.

GridAmerica Holdings' proposed Goldendale project would be located on the border of Oregon and Washington at the northern terminus of the Pacific AC and DC intertie transmission lines. This project, if constructed, could facilitate the storage and export of the growing amount of wind energy available in the Northwest to nearby states.

Absaroka Energy's proposed Banner Mountain project in central Wyoming along the proposed route of the Energy Gateway West 500-kilovolt (kV) transmission line, which would enable it to serve additional areas in the western and southwestern U.S.. Banner Mountain would be a closed-loop facility that would include three ternary units -- a PSH technology that enables rapid switching between generating and pumping modes -- for a total capacity of 400 MW.

The Office of Energy Efficiency and Renewable Energy supports research and development of energy efficiency and renewable energy technologies to strengthen U.S. economic growth, energy security, and environmental quality. (Source: US DOE, Dec., 2018) Contact: EERE Water Power Technology Office, www.energy.gov/eere/water/articles/notice-opportunity-technical-assistance-techno-economic-studies-pumped-storage; OEERE, www.energy.gov/eere/office-energy-efficiency-renewable-energy

More Low-Carbon Energy News Energy STorage,  Pumped Energy STorage,  


Hoover Dam Pumped Energy Storage Project Proposed (Ind. Report)
Los Angeles Department of Water and Power
Date: 2018-09-17
In the Golden State, the Los Angeles Department of Wind and Power (LADWP) is floating a proposal that, if approved, would construct a wind and solar-powered pump station 20 miles south of the Hoover Dam. The station would pump water from downstream back up to Lake Mead, which was created by the dam. All the water stored at the lake could then be released as needed for power on demand, effectively turning the dam into a battery for solar and wind power.

The Hoover Dam water load currently functions at about 20 pct of its full capacity. Research committees are presently evaluating the environmental and infrastructural impacts of the project. If approved, the LADWP hopes to complete the project by 2028.

Hoover Dam is a concrete arch-gravity dam in the Black Canyon of the Colorado River, on the border between the U.S. states of Nevada and Arizona. It was constructed between 1931 and 1936 during the Great Depression and was dedicated on September 30, 1935, by President Franklin D. Roosevelt.(Source: LADWP Good News Network, 16 Sept., 2018) Contact: LADWP, David H. Wright, GM, (800) 342-5397, www.ladwp.com; Hoover Dam, www.usbr.gov/lc/hooverdam

More Low-Carbon Energy News Pumped Energy Storage,  Los Angeles Department of Water and Power,  Pumped Energy Storage Renewable Energy,  Energy Storage,  


Columbia River Pumped Energy Storage Project Planned (Ind. Report)
National Grid,Rye Development
Date: 2018-05-07
In Washington State, the Herald-Republic reports that developers -- Rye Development and National Grid -- are pursuing efforts to build a pumped water energy storage project along the Columbia River to store excess power generated by wind turbines. The project would be located in Goldendale near the John Day Dam.

In March, FERC issued a preliminary permit to the two developers for a feasibility study of the project which would be developed in collaboration with the Klickitat PUD. (Source: Herald-Republic, SF Gate, 6 May, 2018) Contact: Klickitat PUD, (509)493-2255, www.klickitatpud.com; Rye Development LLC, (617) 804-1326, www.ryedevelopment.com

More Low-Carbon Energy News Pumped Energy Storage,  National Grid,  


EDF Announces Major Energy Storage Investments (Int'l Report)
EDF
Date: 2018-03-30
EDF Group reports it is ramping up its efforts to develop electricity storage solutions and become the European leader in this field. A pioneer in this area, the Group is already involved in storage technology applications, including hydroelectric pumped energy storage and battery technologies.

During the period 2018-2035, EDF plans to invest €8 billion to develop 10GW of additional energy storage worldwide on top of its existing 5GW capacity. The company is also increasing its energy storage research and development capabilities with an investment of €70 million for the 2018-2020 period, according to a release. (Source: EDF SA, PR, 27 Mar., 2018) Contact: EDF SA, www.edf.fr

More Low-Carbon Energy News EDF,  Energy Storage,  


DEWA Studying 400MW Pumped Hydro Storage Island (Int'l)
Dubai Electricity and Water Authority
Date: 2018-01-19
The Dubai Electricity and Water Authority (DEWA) reports it and the GCC Interconnection Authority (GCCIA) and the Belgian Dredging, Environmental & Marine Engineering Group (DEME) have inked a MoU to study the possible construction of an island with a 400MW , 2,500MWh capacity pumped hydro storage power station in the Arabian Gulf. The initiative is part of DEWA's efforts to diversify the energy mix and enhance energy storage technologies.

Stored hydropower reportedly accounts for the biggest share of the world's operational electricity storage. Pumped-storage facilities integrate well with irregular renewable energy sources such as wind and solar power as water is stored when excess energy is produced. (Source: DEWA, PR, Dubai Media Office, 16 Jan., 2018) Contact: DEWA , Saeed Mohammed Al Tayer, CEO, www.dewa.gov.ae

More Low-Carbon Energy News Dubai Electricity and Water Authority ,  Pumped Energy Storage,  Energy Storage,  


OVPI, POWERCHINA Partner on 500MW Pumped-Storage Hydropower Project (Ind. Report)
Power Construction Corporation of China, Olympia Violago Water & Power
Date: 2017-07-17
Philippines renewable energy developer Olympia Violago Water & Power, Inc. (OVPI) reports it has sealed a deal with the Power Construction Corporation of China (POWERCHINA) for the design, procurement and construction of the proposed 500MW Wawa Pumped-Storage Hydropower Project (Wawa PSP) being developed by San Lorenzo Ruiz Builders and Developers (SLRB) and Singapore-headquartered Equis Energy. Equis is Asia-Pacific's largest renewable energy independent power producer (IPP).

The $1 billion energy storage project will assist in grid management and deliver 500MW of mid-merit and peak energy to the Philippine power market. The project is slated to begin construction by the end of 2017 for commissioning in early 2022. (Source: OPVI, Renewables News, 14 July, 2017) Contact: Equis Energy, http://equisenergy.com; Power Construction Corporation of China, en.powerchina.cn

More Low-Carbon Energy News Pumped Energy Storage,  


Aussie Pumped Seawater Hydro Storage Scores Funding (Int'l)
EnergyAustralia,Australian Renewable Energy Agency
Date: 2017-02-24
In the Land Down Under, the Australian Renewable Energy Agency (ARENA) reports it has approved a $450,000 grant to EnergyAustralia to investigate a pumped seawater hydro energy storage project off South Australia.

The grant will cover a feasibility study into a Spencer Gulf project that the company says has a capacity to produce about 100 MW of electricity with six-to-eight hours of storage -- the equivalent of installing 60,000 home battery storage systems at one third of the cost. The project is expected to be online in 2020-21. (Source: EnergyAustralia, 21 Feb., 2017)Contact: EnergyAustralia, www.energyaustralia.com.au; ARENA, Ian Kay, Acting CEO, +61 2 6243 7773, arena@arena.gov.au, http://arena.gov.au

More Low-Carbon Energy News EnergyAustralia,  Australia,  Pumped Energy Storage,  Energy Storagen Renewable Energy Agency ,  


San Diego Developing Pumped Energy Storage Project (Ind. Report)
San Diego County Water Authority
Date: 2017-01-13
In the Golden State, the San Diego County Water Authority and the City of San Diego report they are planning to develop a new 500MW pumped energy storage project at the the San Vicente Reservoir. If built, the installation will offer electric grid stability to the region during both peak times.

The City and the Water Authority have issued a joint request for Letters of Interest from electric utilities, developers, investors and energy off-takers interested in purchasing power generated by the project.

The project would be comprised of an interconnection and pumping system joining the existing San Vicente Reservoir and a new, smaller reservoir located uphill. The pumping system would be used during off-peak energy-use periods to pump water from the existing San Vicente Reservoir to the new reservoir. (Source: San Diego Water Authority, City of San Diego, Energy Storage, 11 Jan., 2017) Contact: San Diego County Water Authority, www.sdcwa.org

More Low-Carbon Energy News Energy Storage,  Pumped Energy Storage,  

Showing 1 to 10 of 10.