Pumped Storage Projects – How They Work and Are Regulated
This presentation will cover the fundamentals and regulatory aspects of pumped storage hydropower, a key utility-scale energy storage method that utilizes two water reservoirs at different elevations to generate and store energy. It will also discuss the historical development, the expected role in the energy transition, and the challenges of new projects, especially in water-scarce regions.
Credit(s)
1.2
CO Approval ID
849637
Original Program Date
July 19, 2024
Duration
62 minutes
About this course
Pumped storage hydropower dates back to 1890, and according to the 2021 edition of the Hydropower Market Report, accounts for 93% of all utility-scale energy storage in the U.S., and yet it is not widely understood. At its essence, it is a configuration of two water reservoirs at different elevations that generate power as water is discharged from one to the other. It acts as a battery because it can store energy and release it when needed. Pumped storage is not without controversy, however, particularly in the drought-stricken West, as many new projects rely on sources of water that are in demand. This presentation will provide an overview of how pumped storage works, the history and development of pumped storage projects, and how pumped storage projects are permitted and regulated. The panel will also discuss the role new pumped storage projects are expected to play in the energy transition mix and the challenges associated with developing new pumped storage projects.
Video presentation from the 70th Annual Natural Resources and Energy Law Institute.
Video presentation from the 70th Annual Natural Resources and Energy Law Institute.