New energy storage power plant

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.

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.

What percentage of new power plants will be solar?

The latest federal forecast for power plant additions shows solar sweeping with 58 % of all new utility-scale generating capacity this year. In an upset, battery storage will provide the second-most new capacity, with 23 %.

Is 2024 a good year for power plant construction?

That old moniker has now lost its meaning: In 2024, the U.S. power industry is choosing clean energy for almost all its new capacity additions. This is a big year for power plant construction generally.

What are energy storage systems?

Energy storage systems are not primary electricity sources, meaning the technology does not create electricity from a fuel or natural resource. Instead, they store electricity that has already been created from an electricity generator or the electric power grid, which makes energy storage systems secondary sources of electricity. Wind.

What is the largest pumped storage plant in Bavaria?

The 160-megawatt (MW) power plant has a drop height of 209 meters and can store approximately 850 megawatt-hours (MWh) of electricity in the form of pumped water. This makes it the largest pumped storage plant in Bavaria.