Former Prime Minister Malcolm Turnbull’s private renewable energy company has won a competitive tender to explore hydrogen power storage in New South Wales (NSW).
Upper Hunter Hydro, owned by Mr. Turnbull and his wife, will investigate the design of two pumped hydro energy storage systems on Water NSW land at Glenbawn and Glennies Creek in the Hunter Valley.
The project could incorporate wind energy in the future, under the development agreement awarded by Water NSW.
Hydro power uses the energy of moving water to generate electricity. A pumped hydro scheme pumps water from a lower reservoir to a higher one to store energy when there is plenty of power available, and then pumps it back down when the energy is needed the most....
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