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Energy fund invests in pumped storage hydro, wind project

Energy transition fund Foresight Energy Infrastructure Partners (FEIP) has made its first investment in pumped storage hydro technology, to help construct a combined pumped storage and wind facility in Scotland.

The project will be located at the disused 1,547 acre Glenmuckloch opencast coal mine near Kirkconnel, Scotland, and will involve construction of a 210 MW pumped storage plant and a 33.6 MW wind farm. The investment will enhance and aid the balancing of the UK power system, enabling the integration of more renewable generation, according to FEIP.

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