Global energy demand is growing but at the same time there is a need for clean energy. This entails massively increasing the installed base of variable output renewable power generation capacity, like wind and solar. As a result, an economic solution for large-scale energy storage is becoming more important. Pumped storage power plants are currently the most economical way of efficiently storing large amounts of energy over a longer period.
As the leading technology for energy storage services, pumped storage not only balances variable power production, but with its firm capacity it also serves as a reliable back-up. This ensures grid stability while reducing the risk of blackouts. Its inherent operational flexibility allows pumped storage to offer a wide spectrum of benefits and it plays a vital role within local and regional water and energy programs.
Currently, 94% of the global energy storage capacity, and over 96% of energy stored in grid-scale applications is pumped storage. According to a recent analysis paper by the International Hydropower Association (IHA), the estimated total energy stored in pumped storage reservoirs worldwide is up to 9,000 GWh.
At its heart pumped storage power plant technology sees water pumped to a higher elevation reservoir when there is a surplus of electricity. This water is then released into lower elevation reservoirs to generate electricity when needed. There are three basic designs of pumped storage technology currently available, depending on the services required.
Today, the focus is on smooth and stable operation, as well as an extended operational range, dynamic operations and a high degree of reliability and flexibility. This is despite the requirement for rapid load changes between pumping and generating. Improved structural integrity of the units ensures a long service life.
For more than 90 years ANDRITZ has been positioned as one of the pioneers and reliable partner for pumped storage technology and projects around the world.
ANDRITZ has delivered more than 550 pumped storage units with a total capacity of almost 40,000 MW.