And pumping water uphill, akapumped storage hydro, accounts for90% of energy storagecapacity.
However, inEurope, investment and general interest in hydropower pales in comparison to wind and solar.
For these reasons, hydropower is oftenreferred toas the forgotten giant of renewable energy.
Yet, there is still untapped potential in unlocking efficiencies from dams that are already producing power.
Or working with new, smaller-scale hydro projects that dont have such a negative impact.
Hydrogrid, a startup out of Austria, is doing both.
And thats what we aim to change.
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The platform also enables hydropower operators to quickly react to weather events and minimise water losses.
Hydrogrid claims it can boost a plants power generation by 10% and revenues by up to 50%.
More than 60% of the electricity consumed in the alpine country comes from hydropower.
Under the partnership, a total of 16 facilities in Norway and Sweden will undergo a digital makeover.
Story bySion Geschwindt
Sion is a freelance science and technology reporter, specialising in climate and energy.
