Helsinki pumped storage project tender

Can state aid help develop pumped hydro energy storage in Finland?

Some of the old mining infrastructure at Pyhäsalmi, Finland. Image: Wikimedia user usv. The European Commission (EC) has given the green light for state aid to contribute to the development of a large-scale pumped hydro energy storage (PHES) in Finland.

Will pumped hydropower plants boost Finland's green transition?

Finland has announced plans to build up to three small-scale pumped storage hydropower plants in the northern part of the country to bolster its green transition and enhance energy balance. Suomen Voima announced details of this new €300 million energy storage venture called Noste, in the Kemijärvi region.

What is the Ontario pumped storage project?

As Ritchie noted: “The Ontario Pumped Storage Project is a long overdue energy initiative with real benefits for the Indigenous people of the land.” If developed, the 1000MW facility would be co-located on the existing Canadian Army’s 4th Canadian Division Training Centre, north of Meaford in Ontario. Greek milestone

How much state aid will Finland give to a hybrid power plant?

Meanwhile back in Finland, the government Ministry of Economic Affairs and Employment a couple of months ago granted €19.5 million state aid towards the expected total €314.8 million cost of a hybrid power plant project combining solar PV, wind and 25MW/50MWh of BESS.

What is Snowy Hydro's pumped storage hydropower project?

Snowy Hydro has announced a significant milestone for the Snowy 2.0 pumped storage hydropower project, as the final metres of the power station’s 223m long transformer hall cavern crown have been successfully breached in Australia.

Can pumped storage hydropower predict electric grid stability?

Recent developments in pumped storage hydropower. (Credit: Nareeta Martin on Unsplash) Scientists at the University of Tennessee, Knoxville, and Oak Ridge National Laboratory in the US developed an algorithm to predict electric grid stability using signals from pumped storage hydropower projects.