pumped storage hydro

The UK government has introduced a new investment support scheme to bolster the country’s energy storage infrastructure, with a focus on long-duration energy storage (LDES) technologies. These projects, including pumped storage hydro, are essential for storing renewable energy and ensuring its availability when needed, acting as giant batteries for the grid. LDES technologies have faced investment challenges due to high upfront costs despite low operational expenses. The new scheme is designed to overcome these barriers,…