Economic Feasibility of Semi-Underground Pumped Storage Hydropower Plants in Open-Pit Mines

This work aims at the economic evaluation of a semi-underground pumped hydro storage power plant erected in an abandoned open-pit mine. For the exploratory model-based analysis, we develop and apply both a simple deterministic and a stochastic net present value (NPV) approach, the latter of which us...

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Bibliographic Details
Main Authors: Michael Wessel, Reinhard Madlener, Christoph Hilgers
Format: Article
Language:English
Published: MDPI AG 2020-08-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/13/16/4178