The latest interpretation of hydropower storage policy

Covering data through 2024, the report highlights steady development activity, near-decade-high PSH generation, and the impact of new policy incentives under the One Big Beautiful Bill Act, while underscoring continuing challenges from aging infrastructure and reduced Canadian imports. According to a recent industry study, one-third of hydropower owners are actively considering surrendering their licenses and decommissioning their facilities. The latest US Hydropower Market Report 2025 Update from Oak Ridge National Laboratory provides a comprehensive snapshot of the country's hydropower and pumped storage sectors. Pumped Storage Hydropower (PS) is the largest form of renewable energy storage, with nearly 200 GW installed capacity, providing more than 90%. The objective of SI 2030 is to develop specific and quantifiable research, development, and deployment pathways to achieve the targets identified. A set of non-overlapping systems are selected based on lowest $/kW capital cost (using the.