Reviving Bavaria's largest pumped-storage plant for a greener future💧
We're thrilled to announce the recommissioning of the Happurg pumped-storage plant, with an investment of around €250 million. This major step aligns with our strategy to invest into growth and green transformation. The plant will bolster energy storage and supply reliability in southern Germany.
Michael Lewis, our CEO, highlights: “This investment is part of our previously announced strategy to invest in growth and transformation towards a greener business. We want 80 percent of our generation capacity to be carbon neutral by 2030, and the Happurg pumped-storage plant will be an important strategic part of that. Especially in southern Germany, with its strong industrial demand, there is a lack of predictable power plant capacity. With the Happurg pumped-storage plant, we want to make more storage capacity available again.“
The 160 MW Happurg plant, featuring a 209-meter drop height, can store approximately 850 MWh of electricity. After its precautionary shutdown in 2011, extensive studies and geotechnical assessments were conducted. The responsible approval authority, the Nuremberg District Office, has examined this concept favourably as part of a planning approval procedure. We're on track to bring Happurg back online by 2028.
Stay tuned as we continue to drive the energy transition forward! 🌱⚡
#RenewableEnergy #EnergyTransition #SecurityOfSupply #Hydropower
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