The Queensland government has reportedly shelved the proposed AU$6 billion (US$4 billion) Mt Rawdon pumped hydro project, ending state support for a mine-repurposing scheme that had attracted AU$50 million in government funding.
The Czech Republic’s fourth pumped hydro energy storage plant is to be built within an existing hydropower complex, converting convention run-of-river into reversible units, creating 750MWh of energy storage capacity.
Global long-duration energy storage (LDES) deployment figures soared in 2025, but newer technologies risk being outcompeted by the incumbent, lithium-ion (Li-ion).
Two pumped hydro energy storage (PHES) projects have been submitted for approval under Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.