Enterprises build energy storage power stations

How will a pumped storage power plant contribute to the energy transition?

The company is making a significant contribution to the energy transition and is continuing its corporate transformation towards more renewable energy generation. By storing energy, the pumped storage power plant will contribute to greater security of supply in southern Germany.

Why should we invest in a pumped storage power plant?

By storing energy, the pumped storage power plant will contribute to greater security of supply in southern Germany. This investment is part of our previously announced strategy to invest in growth and transformation towards a greener business.

Should energy storage be included in the electric grid?

Integrating storage in the electric grid, especially in areas with high energy demand, will allow clean energy to be available when and where it is most needed. As New York continues to invest and build a cleaner grid, energy storage will allow us to use existing resources more efficiently and phase out the dirtiest power plants.

Why is energy storage important?

Energy storage is essential for creating a cleaner, more efficient, and resilient electric grid. Additionally, these projects will provide meaningful benefits to Disadvantaged Communities and Low-to-Moderate Income New Yorkers. Energy storage is essential to a resilient grid and clean energy system.

How will energy storage affect New York's energy grid?

In June 2024, New York’s Public Service Commission expanded the goal to 6,000 MW by 2030. Storage will increase the resilience and efficiency of New York’s grid, which will be 100% carbon-free electricity by 2040. Additionally, energy storage can stabilize supply during peak electric usage and help keep critical systems online during an outage.

Why should you choose Landshut power stations?

Our plants and power stations provide a wide range of additional benefits, from flood protection to grid stability and water purification. A central control room at the company’s German hydropower headquarters in Landshut ensures that the power stations work together to meet demand.