POWER Magazine•about 1 month ago
Former Smelter Site Future Home to 1.2-GW Pumped Storage Hydro Project
- •Rye Development and Copenhagen Infrastructure Partners (CIP) secured a FERC operating license for a 1.2 GW pumped storage hydro project in Washington state.
- •This regulatory approval marks a significant advancement for a major dispatchable storage asset, enhancing grid reliability and capacity in the region.
- •The project's substantial scale (1.2 GW) indicates a future impact on energy and capacity markets, offering new opportunities for developers and potential PPA structures for large power consumers.
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