Valuation Guidance and Techno-Economic Studies for Pumped Storage Hydropower [HydroWIRES]

The objective of this project is to advance state of the art in the assessment of value of PSH plants and their role in the power system. The goal is to develop a detailed step-by-step valuation guidance and apply it to two competitively selected PSH sites to test the valuation methodology and assist the developers in understanding the value streams available from their projects. The project outcomes are:

• Develop a comprehensive, repeatable, and transparent valuation guidance that will allow for consistent valuation assessments and comparisons of potential new PSH projects or project design alternatives

• Test the PSH valuation guidance and its underlying methodology by applying it to two selected PSH projects

• Transfer and disseminate the PSH valuation guidance to the hydropower industry, PSH developers, and other stakeholders