@inproceedings{790665e4d607440ca85bff48d96bb76d,
title = "Increasing the value of solar: The opportunity for bulk energy storage with pumped hydro in the USA",
abstract = "Good solar photovoltaic generation facilities are now the lowest cost source of electricity generation. However, solar generation is highly self-correlated and not well correlated to peak demand, leading to lower prices for solar generation relative to average value in markets. Energy storage provides the opportunity to shift generation from the middle of the day to meet evening and early morning peaks. Pumped hydro energy storage is the largest and cheapest source of electricity. Sites searching indicates that there are vastly more sites in the USA than could be needed for 100% renewable electricity. Levelised cost of storage for good pumped hydro sites is low. Continued installation of solar is enhancing the 'duck curve' effect, increasing the viability of bulk energy storage.",
keywords = "pumped hydro",
author = "Matthew Stocks and Ryan Stocks and Bin Lu and Cheng Cheng and Andrew Blakers",
note = "Publisher Copyright: {\textcopyright} 2021 IEEE.; 48th IEEE Photovoltaic Specialists Conference, PVSC 2021 ; Conference date: 20-06-2021 Through 25-06-2021",
year = "2021",
month = jun,
day = "20",
doi = "10.1109/PVSC43889.2021.9519042",
language = "English",
series = "Conference Record of the IEEE Photovoltaic Specialists Conference",
publisher = "Institute of Electrical and Electronics Engineers Inc.",
pages = "586--589",
booktitle = "2021 IEEE 48th Photovoltaic Specialists Conference, PVSC 2021",
address = "United States",
}