Prospects for pumped-hydro storage in Germany

Bjarne Steffen (steffen.bjarne@bcg.com)
Additional contact information
Bjarne Steffen: Chair for Management Sciences and Energy Economics, University of Duisburg-Essen

No 1107, EWL Working Papers from University of Duisburg-Essen, Chair for Management Science and Energy Economics

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)
JEL-codes: L94 Q42 Q48 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2011-12, Revised 2011-12
New Economics Papers: this item is included in nep-ene
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.wiwi.uni-due.de/fileadmin/fileupload/BW ... StorageInGermany.pdf First version, 2011 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:dui:wpaper:1107

Access Statistics for this paper

More papers in EWL Working Papers from University of Duisburg-Essen, Chair for Management Science and Energy Economics Contact information at EDIRC.
Bibliographic data for series maintained by Andreas Fritz (ewl-wp@wiwinf.uni-due.de).