Pumped Storage Plants: Old Concept - New Opportunities

Introduction

Pumped storage is a well known energy storage technology. The rapidly increasing renewable energy capacity in the grid is acting as a driver for the growth of pumped storage installations. Many countries which already have higher penetration of renewable into grid or are planning for large renewable capacity into grid are planning to ramp-up their pumped storage capacity with the same pace. Even companies with higher wind installation are also looking for development of their own pumped storage plants for optimization for renewable energy sources. The grid friendly characteristics of pumped storage such as frequency-voltage balancing, reserve generation, optimization of base loads clubbed with renewable energy integration; will certainly help in attracting future investments.

Scope

- Pumped storage operating principle and efficiency
- Factors fuelling the growth of pumped storage plants
- Pumped storage plants to emerge as key energy storage option
- Growth of pumped storage capacity in major regions and future plans

Highlights

Reasons to buy

- Analyse the reasons for the growth of pumped storage plants
- Compare pumped storage plants with other energy storage applications
- Identify target markets by looking at the expansion plan of major countries
- Understand the activities of companies in pumped storage

Report Highlights

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TABLE OF CONTENTS

1 Table of Contents 1
1.1 List of Tables 1
1.2 List of Figures 1
2 Summary 1
3 Pumped Storage Plants: Old Concept - New Opportunities 1
3.1 Introduction 1
3.2 Operating Principle 1
3.3 Efficiency 2
3.4 Benefits and Purpose 2
3.5 Drawbacks of Pump Storage Plants 3
3.6 Driving Forces of Pump Storage Power Plants 3
3.7 Growth of Pump Storage Plants and Future Prospective 5
4 Case Study 6
4.1 Pumped Storage to Support Wind 6
5 Appendix 7
5.1 Methodology 7
5.2 Contact Us 8
5.3 Disclaimer 8
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LIST OF TABLES

1.1 List of Tables
Table 1: Wind Energy Growth by Region 4
Table 2: Comparison of specifications of typical energy storage systems 5
Table 3: Pumped Hydro Plants, Installed Capacity (MW) By Region, 2010 6
Table 4: Iberdola Renewable Installed Capacity 6
LIST OF FIGURES

1.2 List of Figures
Figure 1: Schematic Diagram of Pump Storage Principle Functioning 1
Figure 2: Cumulative Installed Capacity of Pump Hydro Plants By Region Till March 2010, GW 6
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