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Prospects for pumped-hydro storage in Germany

  • Steffen, Bjarne
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    After a period of hibernation, the development of pumped-hydro storage plants in Germany regains momentum. Motivated by an ever increasing share of intermittent renewable generation, a variety of energy players considers new projects, which could increase the available capacity by up to 60% until the end of the decade. This paper analyzes the current development and evaluates the revenue potential as well as possible barriers. Overall, the prospects for new pumped-hydro storage plants have improved, even though profitability remains a major challenge.

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    File URL: http://www.sciencedirect.com/science/article/pii/S0301421512001693
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    Article provided by Elsevier in its journal Energy Policy.

    Volume (Year): 45 (2012)
    Issue (Month): C ()
    Pages: 420-429

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    Handle: RePEc:eee:enepol:v:45:y:2012:i:c:p:420-429
    Contact details of provider: Web page: http://www.elsevier.com/locate/enpol

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