The impact of pumped hydro energy storage configurations on investment planning …

Semantic Scholar extracted view of "The impact of pumped hydro energy storage configurations on investment planning of hybrid systems with renewables" by Gulin Yurter et al. DOI: 10.1016/j.renene.2023.119906 Corpus ID: 266655690 The impact of pumped hydro

Pumped-storage capacity discount and its effect on capacity planning …

This paper focuses on pumped-storage capacity discount and its effect on capacity planning. Pumped-storage capacity discount is formally defined in Section 3, it can be defined informally as the difference between its expected available capacity and the actual maximum peak-shaving capacity in operation simulation.

Drax kickstarts planning process to expand its iconic ''Hollow …

Pumped storage hydro is a critical technology which enables more renewable power and supports Scotland''s electricity system, helping the country towards its target of reaching net zero by 2045 five years before the …

The HydroBalance Project: Energy Storage from Hydropower in …

Results from simulations show that availability of energy storage capacities of 23 TWh could help to make the European electricity system emission free by 2050. Norway presently …

Study on Complexity Planning Model of Pumped Storage in …

The west open-pit mine is located in the west of Fushun, the south of Hun River. The mine is 6.6 km long from east to west and 2 km wide from north to south, with a mining vertical depth of 388 m ...

Energies | Free Full-Text | Technical Review of Existing …

Currently, Norway is 10th in Europe in terms of pumped storage installed capacity, with 1369 MW, leaving it with a high pumped hydro development capability, as …

Energies | Free Full-Text | Technical Review of Existing Norwegian Pumped Storage Plants …

This paper presents a technical review of the existing pumped storage plants in Norway. The power system is changing towards integrating more and more renewable energy, especially from variable renewable energy sources, leading to new challenges for the security of supply, power, frequency, and voltage regulation. Thus, …

Pumped-Storage Hydroelectricity

1 Pumped-Storage Hydroelectricity by Finn R Førsund Department of Economics, University of Oslo November 2012 Abstract: Pumped-storage hydroelectricity has been proposed as one of the solutions to the non- storability of intermittent energy. The basic

Feature: A defining year for pumped storage hydropower

Launched in November 2020 and co-chaired by the U.S. Department of Energy and former Prime Minister of Australia Malcolm Turnbull, the International Forum on Pumped Storage Hydropower is a government …

Statkraft to acquire major Loch Ness pumped storage hydro project

Energy Global, Friday, 15 December 2023 15:00. Advertisement. Statkraft, has agreed to acquire the Red John Pumped Storage Hydro Scheme, from Intelligent Land Investments Group (ILI). The 450 MW scheme, first conceived in 2015, was granted consent by Scottish Government ministers in June 2021. The acquisition demonstrates Statkraft''s latest ...

Economic Analysis of Large-Scale Pumped Storage Plants in …

In this article an economic analysis of large-scale PSP in Norway is made considering sales of energy. The analysis is carried out with a power market model and a …

Statkraft to acquire Loch Ness pumped storage hydro project …

Statkraft has agreed to acquire the Red John Pumped Storage Hydro Scheme from Intelligent Land Investments Group (ILI). The 450MW scheme, first conceived in 2015, was granted consent by Scottish Government ministers in June 2021. Located on a site south west of Inverness, it will capture excess renewable energy and store it until …

Power plant profile: Illvatn Pumped Storage Project, Norway

Illvatn Pumped Storage Project is a 48MW hydro power project. It is planned in Vestland, Norway. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase.

Technical Review of Existing Norwegian Pumped Storage Plants

This paper presents a technical review of the existing pumped storage plants in Norway. The power system is changing towards integrating more and more renewable energy, …

Three small pumped-storage schemes to go ahead in Finland

February 7, 2024. Suomen Voima Oy has announced plans to develop three small pumped-storage plants in Kemijärvi, northern Finland, with a combined capacity of 150-300 MW. The energy storage project complex Noste is designed to facilitate Finland''s green transition and balance energy availability, the Finnish producer announced on 12 December.

Deriving Operating Rules of Pumped Water Storage Using …

Pumped water storage (PWS) is an advanced component of interbasin water transfer (IBWT) projects that plays a critical role in addressing streamflow variability. However, improper operating rules result in a large amount of unnecessary pumping and spills, wasting water resources and energy.

Pumped Storage Hydropower

Pumped storage hydropower plants (PSH) are designed to lift water to a reservoir at higher elevation when the electricity demand is low or when prices are low, and turbine water to produce electricity when the demand is high and/or prices are high. PSH are often designed with a relatively high capacity to operate in turbine or pumping mode for ...

Capacity Planning of Pumped Storage Power Station Based on …

Kiptoo et al. (2019) investigated the prospects of interlinking a short-term flexibility value into long-term capacity planning toward achieving a microgrid with a high renewable energy fraction ...

Europe hydropower regional profileEurope

In 2022, Europe suffered from droughts that lasted for the first three quarters of the year, causing a decline in hydropower energy production. The situation improved in 2023 when hydropower generation bounced back, reaching 637.23TWh. This is almost level with the 2020 and 2021 average of 666.5TWh.

Pumped Storage Development in Øvre Otra, Norway

Pumped Storage Development in Øvre Otra, Norway Lars Marius Rognlien Hydropower Development Supervisor: Ånund Killingtveit, IVM Co-supervisor: Leif Lia, IVM Department of Hydraulic and Environmental Engineering Submission date: June 2012 Norwegian

An Innovative Planning Method for the Optimal Capacity Allocation of a Hybrid Wind–PV–Pumped Storage …

energies Article An Innovative Planning Method for the Optimal Capacity Allocation of a Hybrid Wind–PV–Pumped Storage Power System Yumin Xu 1, Yansheng Lang 2, Boying Wen 1,* and Xiaonan Yang 2 1 College of Information and Electrical Engineering, China Agricultural University, Beijing 100083, China ...

MicroPSCal: A MicroStation package for storage calculation of pumped storage power station during planning …

Enhanced-pumped-storage: combining pumped-storage in a yearly storage cycle with dams in cascade in Brazil Energy, 78 ( 2014 ), pp. 513 - 523, 10.1016/j.energy.2014.10.038 View PDF View article View in Scopus Google Scholar

Plan for Coire Glas pumped storage project, UK

Planning approval is being sought for the Coire Glas project in Scotland – the first pumped storage scheme in the UK for decades, reports Patrick Reynolds. Scottish and Southern Energy (SSE) has submitted a planning application for the Coire Glas pumped storage scheme, which it proposes to construct with an installed capacity up to …

Technical Review of Existing Norwegian Pumped Storage …

This paper presents a technical review of the existing pumped storage plants in Norway. The power system is changing towards integrating more and more renewable energy, …

Statkraft announces plan to invest in Norwegian hydro and wind …

Last month, Hydro Review reported that Statkraft has agreed to acquire the 450 MW Red John pumped storage hydro scheme from Intelligent Land Investments Group (ILI). In addition, Statkraft will invest up to €2 billion ($2.2 billion) in the period 2024 to 2030 in the rehabilitation of dams and modernization of older power plants to ensure continued …

Investment in wind power and pumped storage in a real options …

A real options model for wind power investment with pumped storage. This section is divided into three sections, where first the pumped-storage wind–hydro plant technology is described in more detail, then the mathematical model is presented and finally the data are described. 2.1. Technology description.

The World Market for Pumped-Storage Power Plants (Analyst …

Figure 122: Map of pumped-storage power plants in Norway 142 Figure 123: Power generation by energy sources on the Philippines 143 Figure 124: Pumped-storage power plants on the Philippines 144

Statkraft launches study for 1.2 GW pumped storage hydropower …

When Statkraft presented the idea for a pumped storage hydropower plant within the Devoll river cascade in southern Albania, it estimated the capacity at 800 MW to 1.6 GW. In its latest quarterly and annual results, the Norwegian utility said it started a prefeasibility study for a 1.2 GW system. Notably, it bought the Red John pumped …

The impact of pumped hydro energy storage configurations on investment planning …

Liu et al. [17] study the sizing problem for hydro-photovoltaic (PV)-pumped storage integrated generation system by taking into account the uncertainties in PV, spot price, and load. Elnozahy et al. [18] consider different hybrid storage options, including a PHES facility, by incorporating the weather uncertainty into a chance constraint.