A final investment license application has been submitted for the first pumped hydroelectric power plant in Nevada, United States. The 1,000 MW project, submitted by rPlus Hydro, is expected to provide uninterrupted energy to the grid for eight hours during the summer months when electricity consumption is high in the state.
According to the company, the project is capable of meeting one-eighth of the peak electricity demand in the state during summer months. The $2.5 billion plant is planned to begin construction in 2025. Currently, the US has a total of 23 GW of pumped hydroelectric power plants, mostly built between 1960 and 1990.
However, a recent study has shown that similar projects with a total power of 3.5 Terawatts and an energy storage capacity of 35 Terawatt-hours have the potential to be implemented in the country. While there are currently around 40 pumped hydroelectric power plants in operation in the US, the number is around 130 worldwide.