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The Giant Pump-Turbine: The Pumped Storage Hydropower Market
Pumped storage hydropower (PSH) is the dominant form of grid storage. The pumped storage hydropower market focuses on the systems that use a reversible pump-turbine. The pumped storage hydropower market for "Francis" pump-turbines is the most common. The pumped storage hydropower market for "variable-speed" pump-turbines are becoming more common, as they offer better efficiency at partial load and can provide grid services. The pumped storage hydropower market for "start-up" time (from standstill to full generation) is a few minutes.
The broader pumped hydroelectric storage turbines market is the equipment. The pumped storage hydropower market for "hydraulic short circuit" (HSC) mode allows simultaneous pumping and generating, providing fast response. The pumped storage hydropower market for "binary" (two separate units, one pump and one turbine) are used in some plants. The pumped storage hydropower market for "ternary" units (pump and turbine on the same shaft with a clutch) are also used.
The pumped storage hydropower market for "large" plants (e.g., Bath County, Virginia, 3,000 MW) are massive engineering projects. The pumped storage hydropower market for "underground" powerhouses are common (to reduce visual impact). The pumped storage hydropower market for "tunnels" (penstocks) connect the upper and lower reservoirs.
The pumped storage hydropower market for "China" is the largest market, with many new plants under construction. The pumped storage hydropower market for "Europe" (especially Germany, Spain) is also active. The pumped storage hydropower market for "United States" has many existing plants, with limited new construction.
The pumped storage hydropower market for "pumped storage" can also provide "black start" capability (restarting the grid after a blackout). The pumped storage hydropower market for "inertia" (synchronous generators) provides grid stability.
Looking ahead, the pumped storage hydropower market will see the deployment of "low-head" pumped storage (for sites with small elevation differences). The pumped storage hydropower market for "modular" pumped storage (smaller, standardized units) will reduce costs.
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