| While no new PSH plants have been developed in the past two decades, there is renewed interest in the technology due to increases in VRE penetration. The objective of this project is to develop a framework and outline the parameters needed to analyze the energy and ancillary services PSH provides to the electricity grid currently and how that value may change as the generation asset mix—especially as it relates to increased penetration of VRE—changes over time. A key focus will be to develop understanding of the trends that impact PSH value so that utilities can determine strategy for further development of PSH. |
