Clean Currents 2022

Pumped Storage Development

Pumped Storage Hydro is receiving incredible attention and renewed investment in 2022.

With the Inflation Reduction Act (IRA) providing financial incentives for the development of new pumped-storage facilities, as well as the Biden Administration’s request for information to inform a $500 million program to place pumped storage on current and former mine lands, there’s lots to unpack.

This session provides an update on development progress — including:
-Interest by utilities in pumped-storage development
-A ‘deep dive’ into the investment tax credits/direct pay provisions for energy storage in the IRA
-An update from the U.S. Department of Energy on a variety of projects underway or just completed to help move development forward.

Presenter Information

Todd Briggeman

Todd Briggeman
Project Manager, Hydropower and Hydraulic Structures
Black & Veatch
Moderator


Nicholas Sher

Nicholas Sher
Executive Director
GreenGen Storage
Panelist


Ghassan Alqaser

Ghassan Alqaser
Executive Manager, Power and Risk Office
California Department of Water Resources (DWR)
Panelist


Samuel Bockenhauer

Samuel Bockenhauer
Lead of HydroWIRES Initiative, Water Power Technologies Office
U.S. Department of Energy
Panelist