Enhancing Hydro Energy Storage Viability – De-risking Pump Storage Hydro Project Development
This project supports the Department of Energy (DOE) in achieving the Philippines’ clean energy targets outlined in the Clean Energy Scenario. Recognizing that energy storage systems are crucial for integrating variable renewable energy and demand-side management into the grid, the project focuses on pumped storage hydropower (PSH). While historically considered the most mature grid-scale energy storage technology, its development is often perceived as high-risk by investors due to the absence of suitable policy and market mechanisms. This project will assess these risks and recommend de-risking strategies for PSH development. Through capacity building and stakeholder engagement, the project aims to ensure successful PSH implementation. By enabling PSH as a key energy storage solution, the project will address grid integration challenges associated with variable renewable energy, such as curtailment, load shifting, frequency regulation, black start capability, and capacity firming.
Implementing Partners
INTEGRATION Energy GmbH
In partnership with
Department of Energy
Strategic Outcome
De-risking Investments on Renewable Energy, Energy Efficiency and Fossil Fuel Phasedown
