The Pumped Storage Hydropower Wind and Solar Integration and System Reliability Initiative is designed to provide financial assistance to eligible entities to carry out project design, transmission studies, power market assessments, and permitting for a pumped storage hydropower project to facilitate the long-duration storage of intermittent renewable electricity.
[pdf] Germany has concluded a recent tender for innovative renewable energy projects. The exercise drew 158 bids with a total capacity of 2,020 MW. The authorities awarded 29 projects with a total capacity of 486 MW. All selected projects were for PV plants combined with energy storage.
[pdf] “Storage” refers to technologies that can capture electricity, store it as another form of energy (chemical, thermal, mechanical), and then release it for use when it is needed. Lithium-ion batteriesare one such te.
[pdf]