The need for large-scale energy storage is growing in response to the continued development of large-scale intermittent renewable energy sources (e.g., wind and solar power). Batteries have shown some promise for energy storage on a small scale, however, to date the ONLY large-scale commercially proven technology for energy storage is pumped storage hydropower.
Pumped storage involves many complex variables including:
- Pricing strategies to make development economical
- Multi-year regulatory process
- Environmental impacts
- Billion-dollar capital construction costs
- Transmission interconnection
As a developer, you understand risk and reward and seek trusted advisors to help minimize risks while shortening the development timeline. That is the value Kleinschmidt provides to your development team.
We began working on hydropower over 50 years ago and today hydropower projects still account for more than 85 percent of our workload. Most of our more than 200 professional staff located in 12 offices throughout North America are focused on hydropower consulting services. This deep expertise gives our clients peace of mind because they know that we understand their challenges and have significant resources to help strategize on the most practical solution.