Funding Selections Announced for Innovative Design Concepts for Standard Modular Hydropower and Pumped Storage Hydropower
The U.S. Department of Energy announced selections for up to $7.5 million for innovations that reduce cost and maximize the value of new stream-reach hydropower development and pumped storage hydropower. Funded projects will develop new design concepts and associated modeling and analysis for standard modular hydropower and pumped storage, respectively. DOE supports technologies consistent with DOE's Advanced Energy Storage Initiative—which drives technology beyond cost reductions toward improved performance and enhanced provision of services to the grid. Selections were made across two topic areas, including scientific analyses that would illustrate how pumped storage hydropower can optimize the performance of the U.S. electric grid system to lower overall system costs.