Energy storage power station project cost

What is the energy storage project?

The Gilboa pumped storage power plant is an energy storage project that involves constructing a power plant to pump water from a low-level reservoir to a high-level reservoir, with a height difference of 574 meters. This environmentally friendly plant complements the unique landscape of the North of Israel.

How will a pumped storage power plant contribute to the energy transition?

The company is making a significant contribution to the energy transition and is continuing its corporate transformation towards more renewable energy generation. By storing energy, the pumped storage power plant will contribute to greater security of supply in southern Germany.

Why should we invest in a pumped storage power plant?

By storing energy, the pumped storage power plant will contribute to greater security of supply in southern Germany. This investment is part of our previously announced strategy to invest in growth and transformation towards a greener business.

What is the energy storage Grand Challenge?

The U.S. Department of Energy’s (DOE) Energy Storage Grand Challenge is a comprehensive program that seeks to accelerate the development, commercialization, and utilization of next-generation energy storage technologies.

Will the energy transition be a success?

The energy transition is a project that can only succeed with the cohesion of society as a whole. Everyone has set a good example and made this business investment possible. Construction work will start immediately and, if all goes well, the Happurg pumped storage plant will be back in operation in 2028. The background

Why should you choose Landshut power stations?

Our plants and power stations provide a wide range of additional benefits, from flood protection to grid stability and water purification. A central control room at the company’s German hydropower headquarters in Landshut ensures that the power stations work together to meet demand.