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Prospects for pumped-hydro storage in Germany

  • Bjarne Steffen


    (Chair for Management Sciences and Energy Economics, University of Duisburg-Essen)

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    After a period of hibernation, the development of pumpedâ€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 pumpedâ€hydro storage plants have improved, even though profitability remains a major challenge.

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    Paper provided by University of Duisburg-Essen, Chair for Management Science and Energy Economics in its series EWL Working Papers with number 1107.

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    Length: 17 pages
    Date of creation: Dec 2011
    Date of revision: Dec 2011
    Handle: RePEc:dui:wpaper:1107
    Contact details of provider: Postal: Universitätsstrasse 12, 45117 Essen
    Phone: 0201 - 183 3633
    Fax: 0201 - 183 2292
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