Montana energy storage project lines up financial partner
http://finance.yahoo.com/news/montana-energy-storage-project-lines-201143688.html
BILLINGS, Mont. (AP) — Construction on a $1 billion energy storage system in central Montana could start as soon as next year after its sponsors said Friday they reached a financing agreement with a Danish firm that invests in renewable energy.
Carl Borgquist, president of Bozeman-based Absaroka Energy, said the involvement of Copenhagen Infrastructure Partners of Denmark marks a significant step forward for the 400-megawatt project near Martinsdale.
Next up, he said, is to make arrangements with utilities or others interested in using the Montana facility to complement their own electricity generation.
"That's our last step before we're able to go under construction and start putting concrete and steel in the ground," Borgquist said.
The Gordon Butte Pumped Storage Hydro Project was first proposed in 2010 and is intended to make wind turbines and other renewable energy sources more reliable , by storing the electricity they produce until it's needed.
Described as a "hydro battery," it would use excess power produced by wind farms or other sources to pump water from a reservoir uphill to a second reservoir. The water would be released during periods of high electricity demand, turning hydropower turbines to generate power.
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Zim : 'Hydro-electric pumped storage'.
It is nothing at all like a battery - but it is a
proven technology. Two reservoirs - one on top of
the mountain, one at the base of the mountain. Off
peak hours one pumps the water up the hill. To meet
peak demand the water is ran back down through a
turbine generator set to make the electricity.
We have one in Virginia - Bath County.
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Bath County Pumped Storage Station - Wikipedia
http://en.wikipedia.org/wiki/Bath_County_Pumped_Storage_Station
The Bath County Pumped Storage Station is a pumped storage hydroelectric power plant, which is described as the "largest battery in the world", with a maximum generation capacity of 3,003 MW, an average of 2,772 MW, and a total storage capacity of 24,000 MWh.
Installed capacity‎: ‎3003 MW
Location‎: ‎Bath County, Virginia
Construction began‎: ‎March 1977
Hydraulic head‎: ‎1,262 feet (385 m)
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Mad Poet Strikes Again.
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