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Pumped Storage Power Plants (PSPPs) are a type of hydroelectric power plant used to store and generate electricity. They use two reservoirs of water at different elevations, with water being pumped from the lower reservoir to the higher one when electricity demand is low. When electricity demand is high, the water is released from the higher reservoir to the lower one, generating electricity in the process. PSPPs are the most common form of large-scale energy storage, and are used to balance electricity supply and demand.
PSPPs are typically used to meet peak electricity demand, as well as to provide ancillary services such as frequency regulation and spinning reserve. They are also used to store energy from renewable sources such as wind and solar, allowing for more efficient use of these sources.
Some companies in the PSPP market include Voith Hydro, Andritz Hydro, Alstom, GE Power, and Siemens. Show Less Read more
