Latest regulations on oslo pumped storage policy

Will pumped storage hydropower fail?

“Without accelerated development of pumped storage hydropower (PSH) the transition to renewables will falter, and fail,” Malcolm Turnbull, President of the International hydropower Association (IHA) said. “The failure to adequately focus on this need for long duration electricity storage is the ignored crisis within the energy crisis,” he added.

Does pumped storage hydropower need accelerated development?

Malcolm Turnbull, President of the IHA says the pumped storage industry needs to get its act together. “Without accelerated development of pumped storage hydropower (PSH) the transition to renewables will falter, and fail,” Malcolm Turnbull, President of the International hydropower Association (IHA) said.

Are pumped storage projects too important to fail?

However, despite the need for such important long duration storage, pumped storage projects are still facing significant challenges which means that there’s a lack of projects progressing to construction, with cost and schedule overruns. “The sector is too important to fail”, said Chris McMonagle, Global Business Development Manager at Bechtel.

What are pumped storage hydropower working groups?

Led by Lead Partners, these Working Groups bring together expertise from governments, the hydropower industry, financial institutions, academia and NGOs to help address common challenges facing pumped storage hydropower (PSH) development. This is a draft summary of emerging findings for feedback.

What is innovative pumped storage configurations & uses?

This report is currently in the draft stage. The draft Innovative Pumped Storage Configurations & Uses paper is designed to improve understanding of innovation PSH technologies and explore opportunities based on physics and evidence. The paper is led by Dr. Maha Haji, Cornell University and Prof. Alexander Slocum, MIT.