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July 19, 2022
Spanish utility Iberdrola has inaugurated its ‘Tâmega Gigabattery’ in northern Portugal, a renewable energy complex including pumped hydro with an energy storage capacity of 40GWh. Iberdrola has invested €1.5 billion (US$1.54 billion) in the facility which combines two run-of-river hydroelectric plants and an 880MW PHES unit (Gouvães), with a total combined hydroelectric power of 1,158MW....
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The UK will have 50GW-plus of energy storage installed by 2050 in a best case scenario attainment of net zero, according to grid operator National Grid’s Future Energy Scenarios report. source: National Grid ESO
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