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oh no! think of the stock market!
(lemmy.world)
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this post was submitted on 02 Oct 2024
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Yes, pumped storage is definitely an existing technology that serves this need. I live near a massive one as well. However, large-hydro recently has not been considered as renewable form of generation due to the disruptive impact it has to local ecosystems.
I know in the US, new projects do not get approved due to permitting and water board issues. So I don’t think we’re going to see any new construction.