How will a pumped storage power plant contribute to the energy transition?

The company is making a significant contribution to the energy transition and is continuing its corporate transformation towards more renewable energy generation. By storing energy, the pumped storage power plant will contribute to greater security of supply in southern Germany.

Can San Diego develop a pumped storage energy project?

When energy demand is high, the stored water is released downhill to turn turbines that produce energy. The Water Authority and City of San Diego are evaluating the feasibility of developing a pumped storage energy project at the City of San Diego’s San Vicente Reservoir near Lakeside.

How does a pumped storage facility work?

The pumped storage facility replaces the need to build plants used only during peak demands and instead uses excess power on the grid at night and weekends when customer demand is low to move water uphill into the reservoir where it is stored. It takes just minutes to release water downhill for the plant to start generating electricity.

What is the Ludington Pumped storage plant?

The Ludington Pumped Storage Plant generates hydroelectricity on the shores of Lake Michigan, reducing our net carbon emissions while providing enough energy to power cities across the state.

What is pumped Energy Storage?

Pumped energy storage is one of the most promising climate solutions in California because it helps maximize the use of environmentally friendly power sources. These facilities store excess renewable energy from solar and wind by pumping water in a closed-loop system to an upper reservoir when energy is abundant.

Why should we invest in a pumped storage power plant?

By storing energy, the pumped storage power plant will contribute to greater security of supply in southern Germany. This investment is part of our previously announced strategy to invest in growth and transformation towards a greener business.