Prospects for pumped-hydro storage in Germany

Bjarne Steffen

Energy Policy, 2012, vol. 45, issue C, 420-429

Abstract: 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.

Keywords: Pumped-hydro energy storage; Power plant investment; Germany (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (73)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:45:y:2012:i:c:p:420-429

DOI: 10.1016/j.enpol.2012.02.052

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