About Transnistria pumped storage project announcement
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3 FAQs about [Transnistria pumped storage project announcement]
What is a pumped storage hydropower guidance note?
The guidance note delivers recommendations to reduce risks and enhance certainty in project development and delivery. It also equips key decision-makers with the tools to effectively guide the development of pumped storage hydropower projects and unlock crucial finance mechanisms.
What are the risks of pumped storage hydropower?
“The guidance note raises, amongst others, the key risk to pumped storage hydropower is the difficulty in establishing a firm (bankable) revenue forecast in the absence of government support and regulation or a clear market mechanism.
Is the private sector ready to deliver PSH?
Private Sector Delivery, Public Sector Enablement: The private sector is prepared to deliver PSH at the required scale, but for success in a liberalised electricity markets depends on governments recognising the need for storage, government support mechanisms where necessary, and long-term revenue visibility.
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