IDEAS home Printed from https://ideas.repec.org/p/dui/wpaper/1107.html
   My bibliography  Save this paper

Prospects for pumped-hydro storage in Germany

Author

Listed:
  • Bjarne Steffen

    (Chair for Management Sciences and Energy Economics, University of Duisburg-Essen)

Abstract

After a period of hibernation, the development of pumped†hydro storage plants in Germany regains momentum. Motivated by an ever increasing share of intermittent renewable generation, a variety of energy players considers new projects, which could increase the available capacity by up to 60% until the end of the decade. This paper analyzes the current development and evaluates the revenue potential as well as possible barriers. Overall, the prospects for new pumped†hydro storage plants have improved, even though profitability remains a major challenge.

Suggested Citation

  • Bjarne Steffen, 2011. "Prospects for pumped-hydro storage in Germany," EWL Working Papers 1107, University of Duisburg-Essen, Chair for Management Science and Energy Economics, revised Dec 2011.
    • Handle: RePEc:dui:wpaper:1107
    as

    Download full text from publisher

    File URL: http://www.wiwi.uni-due.de/fileadmin/fileupload/BWL-ENERGIE/Arbeitspapiere/RePEc/pdf/wp1107_ProspectsForPumpedHydroStorageInGermany.pdf
    File Function: First version, 2011
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jobert, Arthur & Laborgne, Pia & Mimler, Solveig, 2007. "Local acceptance of wind energy: Factors of success identified in French and German case studies," Energy Policy, Elsevier, vol. 35(5), pages 2751-2760, May.
    2. Groothuis, Peter A. & Groothuis, Jana D. & Whitehead, John C., 2008. "Green vs. green: Measuring the compensation required to site electrical generation windmills in a viewshed," Energy Policy, Elsevier, vol. 36(4), pages 1545-1550, April.
    3. van der Horst, Dan, 2007. "NIMBY or not? Exploring the relevance of location and the politics of voiced opinions in renewable energy siting controversies," Energy Policy, Elsevier, vol. 35(5), pages 2705-2714, May.
    4. Kunreuther, Howard & Kleindorfer, Paul R, 1986. "A Sealed-Bid Auction Mechanism for Siting Noxious Facilities," American Economic Review, American Economic Association, vol. 76(2), pages 295-299, May.
    5. Andersson, S.-L. & Elofsson, A.K. & Galus, M.D. & Göransson, L. & Karlsson, S. & Johnsson, F. & Andersson, G., 2010. "Plug-in hybrid electric vehicles as regulating power providers: Case studies of Sweden and Germany," Energy Policy, Elsevier, vol. 38(6), pages 2751-2762, June.
    6. Hsu, Michael, 1997. "An introduction to the pricing of electric power transmission," Utilities Policy, Elsevier, vol. 6(3), pages 257-270, September.
    7. Richard Green, 2007. "Nodal pricing of electricity: how much does it cost to get it wrong?," Journal of Regulatory Economics, Springer, vol. 31(2), pages 125-149, April.
    8. Ramteen Sioshansi, 2010. "Welfare Impacts of Electricity Storage and the Implications of Ownership Structure," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 173-198.
    9. Steffen, Bjarne & Weber, Christoph, 2013. "Efficient storage capacity in power systems with thermal and renewable generation," Energy Economics, Elsevier, vol. 36(C), pages 556-567.
    10. Brian K. Edwards & Silvio J. Flaim & Richard E. Howitt, 1999. "Optimal Provision of Hydroelectric Power under Environmental and Regulatory Constraints," Land Economics, University of Wisconsin Press, vol. 75(2), pages 267-283.
    11. Trussart, Serge & Messier, Danielle & Roquet, Vincent & Aki, Shuichi, 2002. "Hydropower projects: a review of most effective mitigation measures," Energy Policy, Elsevier, vol. 30(14), pages 1251-1259, November.
    12. Jones, Christopher R. & Richard Eiser, J., 2010. "Understanding 'local' opposition to wind development in the UK: How big is a backyard?," Energy Policy, Elsevier, vol. 38(6), pages 3106-3117, June.
    13. Zoellner, Jan & Schweizer-Ries, Petra & Wemheuer, Christin, 2008. "Public acceptance of renewable energies: Results from case studies in Germany," Energy Policy, Elsevier, vol. 36(11), pages 4136-4141, November.
    14. Gross, Catherine, 2007. "Community perspectives of wind energy in Australia: The application of a justice and community fairness framework to increase social acceptance," Energy Policy, Elsevier, vol. 35(5), pages 2727-2736, May.
    15. Egre, Dominique & Milewski, Joseph C., 2002. "The diversity of hydropower projects," Energy Policy, Elsevier, vol. 30(14), pages 1225-1230, November.
    16. Sensfuß, Frank & Ragwitz, Mario & Genoese, Massimo, 2008. "The merit-order effect: A detailed analysis of the price effect of renewable electricity generation on spot market prices in Germany," Energy Policy, Elsevier, vol. 36(8), pages 3076-3084, August.
    17. Musall, Fabian David & Kuik, Onno, 2011. "Local acceptance of renewable energy--A case study from southeast Germany," Energy Policy, Elsevier, vol. 39(6), pages 3252-3260, June.
    18. Deane, J.P. & Ó Gallachóir, B.P. & McKeogh, E.J., 2010. "Techno-economic review of existing and new pumped hydro energy storage plant," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(4), pages 1293-1302, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tilmann Rave & Ursula Triebswetter & Johann Wackerbauer, 2013. "Koordination von Innovations-, Energie- und Umweltpolitik," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 61.
    2. Mladen Zeljko & Marko Aunedi & Goran Slipac & Dražen Jakšić, 2020. "Applications of Wien Automatic System Planning (WASP) Model to Non-Standard Power System Expansion Problems," Energies, MDPI, vol. 13(6), pages 1-17, March.
    3. Herrmann, Johannes & Savin, Ivan, 2015. "Evolution of the electricity market in Germany: Identifying policy implications by an agent-based model," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112959, Verein für Socialpolitik / German Economic Association.
    4. Geth, F. & Brijs, T. & Kathan, J. & Driesen, J. & Belmans, R., 2015. "An overview of large-scale stationary electricity storage plants in Europe: Current status and new developments," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 1212-1227.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Steffen, Bjarne, 2012. "Prospects for pumped-hydro storage in Germany," Energy Policy, Elsevier, vol. 45(C), pages 420-429.
    2. Zerrahn, Alexander, 2017. "Wind Power and Externalities," Ecological Economics, Elsevier, vol. 141(C), pages 245-260.
    3. Kontogianni, A. & Tourkolias, Ch. & Skourtos, M. & Damigos, D., 2014. "Planning globally, protesting locally: Patterns in community perceptions towards the installation of wind farms," Renewable Energy, Elsevier, vol. 66(C), pages 170-177.
    4. Manuel Gardt & Tom Broekel & Philipp Gareis, 2021. "Blowing against the winds of change? The relationship between anti-wind initiatives and wind turbines in Germany," Papers in Evolutionary Economic Geography (PEEG) 2119, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jun 2021.
    5. Langer, Katharina & Decker, Thomas & Roosen, Jutta & Menrad, Klaus, 2016. "A qualitative analysis to understand the acceptance of wind energy in Bavaria," Renewable and Sustainable Energy Reviews, Elsevier, vol. 64(C), pages 248-259.
    6. Zerrahn, Alexander & Krekel, Christian, 2015. "Sowing the Wind and Reaping the Whirlwind? The Effect of Wind Turbines on Residential Well-Being," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112956, Verein für Socialpolitik / German Economic Association.
    7. Hyland, Marie & Bertsch, Valentin, 2018. "The Role of Community Involvement Mechanisms in Reducing Resistance to Energy Infrastructure Development," Ecological Economics, Elsevier, vol. 146(C), pages 447-474.
    8. Guo, Yue & Ru, Peng & Su, Jun & Anadon, Laura Diaz, 2015. "Not in my backyard, but not far away from me: Local acceptance of wind power in China," Energy, Elsevier, vol. 82(C), pages 722-733.
    9. Jones, Christopher R. & Orr, Barry J. & Eiser, J. Richard, 2011. "When is enough, enough? Identifying predictors of capacity estimates for onshore wind-power development in a region of the UK," Energy Policy, Elsevier, vol. 39(8), pages 4563-4577, August.
    10. Landeta-Manzano, Beñat & Arana-Landín, Germán & Calvo, Pilar M. & Heras-Saizarbitoria, Iñaki, 2018. "Wind energy and local communities: A manufacturer’s efforts to gain acceptance," Energy Policy, Elsevier, vol. 121(C), pages 314-324.
    11. Hübner, Gundula & Leschinger, Valentin & Müller, Florian J.Y. & Pohl, Johannes, 2023. "Broadening the social acceptance of wind energy – An Integrated Acceptance Model," Energy Policy, Elsevier, vol. 173(C).
    12. Krekel, Christian & Zerrahn, Alexander, 2017. "Does the presence of wind turbines have negative externalities for people in their surroundings? Evidence from well-being data," Journal of Environmental Economics and Management, Elsevier, vol. 82(C), pages 221-238.
    13. Martin, Nigel & Rice, John, 2015. "Improving Australia's renewable energy project policy and planning: A multiple stakeholder analysis," Energy Policy, Elsevier, vol. 84(C), pages 128-141.
    14. Carlisle, Juliet E. & Kane, Stephanie L. & Solan, David & Bowman, Madelaine & Joe, Jeffrey C., 2015. "Public attitudes regarding large-scale solar energy development in the U.S," Renewable and Sustainable Energy Reviews, Elsevier, vol. 48(C), pages 835-847.
    15. Jones, Christopher R. & Eiser, J. Richard, 2009. "Identifying predictors of attitudes towards local onshore wind development with reference to an English case study," Energy Policy, Elsevier, vol. 37(11), pages 4604-4614, November.
    16. Strazzera, Elisabetta & Mura, Marina & Contu, Davide, 2012. "Combining choice experiments with psychometric scales to assess the social acceptability of wind energy projects: A latent class approach," Energy Policy, Elsevier, vol. 48(C), pages 334-347.
    17. Sigurd Hilmo Lundheim & Giuseppe Pellegrini-Masini & Christian A. Klöckner & Stefan Geiss, 2022. "Developing a Theoretical Framework to Explain the Social Acceptability of Wind Energy," Energies, MDPI, vol. 15(14), pages 1-24, July.
    18. Schumacher, K. & Krones, F. & McKenna, R. & Schultmann, F., 2019. "Public acceptance of renewable energies and energy autonomy: A comparative study in the French, German and Swiss Upper Rhine region," Energy Policy, Elsevier, vol. 126(C), pages 315-332.
    19. Gordon, Joel A. & Balta-Ozkan, Nazmiye & Nabavi, Seyed Ali, 2022. "Beyond the triangle of renewable energy acceptance: The five dimensions of domestic hydrogen acceptance," Applied Energy, Elsevier, vol. 324(C).
    20. Gilles Lepesant, 2016. "Implementing EU renewable energy policy at the subnational level Navigating between conflicting interests," WIDER Working Paper Series 029, World Institute for Development Economic Research (UNU-WIDER).

    More about this item

    Keywords

    pumped-hydro energy storage; power plant investment; Germany;
    All these keywords.

    JEL classification:

    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dui:wpaper:1107. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Andreas Fritz (email available below). General contact details of provider: https://edirc.repec.org/data/fwessde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.