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Pumped storage policy to help save excess renewable energy
The New Indian Express
|September 08, 2024
FOLLOWING the policies for wind and small hydel power projects, the state government has introduced the 'Tamil Nadu Pumped Storage Projects Policy 2024' on Saturday.
As part of its objectives, the policy states it aims to create an attractive investment environment for both public and private sector entities, including clear regulatory frameworks, financial incentives and streamlined approval processes to reduce the risks and uncertainties associated with investments.
Pumped Storage Projects (PSPs) are seen as key to the energy transition due to their ability to store excess renewable energy during low demand periods and supply it during peak times.
Cette histoire est tirée de l'édition September 08, 2024 de The New Indian Express.
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