About Oslo pumped storage planning announced
Norsk Hydro, a Norwegian aluminum and renewable energy company, is planning a 84 GWh pumped storage project in Luster Municipality, Norway. The Illvatn project, with an estimated price tag of NOK1.2 billion (US$113 million), is expected to begin construction in 2025, targeting 2028 or 2029 for full operation.
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3 FAQs about [Oslo pumped storage planning announced]
Could pumped storage transform hydroelectric projects?
New research released Tuesday by Global Energy Monitor reveals a transformation underway in hydroelectric projects — using the same gravitational qualities of water, but typically without building large, traditional dams like the Hoover in the American West or Three Gorges in China. Instead, a technology called pumped storage is rapidly expanding.
Does China have pumped storage projects?
Global map showing a concentration of planned pumped storage projects in China. In 2021, China released an ambitious plan to roll out pumped storage nationwide in an effort to reduce reliance on fossil fuels. China’s momentum has allowed it to surpass Europe’s capacity for pumped storage.
Will pumped storage grow faster than conventional dams?
“Our data show that pumped storage is set to grow much faster than conventional dams,” said Joe Bernardi, who runs Global Energy Monitor’s hydropower tracker. “This trend is most pronounced in China, which accounts for over 80 percent of planned projects worldwide.”
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