Economy
Friday, 6/26, 10:30 AM
Britain Approves Its First New Pumped-Storage Hydro in Four Decades
- UK regulator Ofgem provisionally backed 16 long-duration energy-storage projects, including the first new pumped-storage hydro 'water batteries' set to be built in Great Britain since the 1980s — a multibillion-pound bet on storing surplus wind and solar power.