A Cost–Benefit Based, Parametric Procedure to Screen Existing Irrigation and Municipal Supply Reservoirs for Wind Energy Storage

Pumped hydro storage (PHS) is one of the more suitable energy storage technologies to provide bulk storage of intermittent renewable energy sources (RES) such as wind. Since the main limiting factors to the expansion of this mature technology are environmental and financial concerns, the use of an existing reservoir can help mitigate both types of impacts. In addition, the high number of reservoirs for municipal and irrigation supply in many areas of the world makes the idea of using PHS as a relatively diffuse, open-market, technology for RES management attractive. These arguments in favor of PHS must, however, be convincing for investors and regulators from an economic standpoint. To this…