Utility Dive•about 1 month ago
Kentucky utilities eye 266-MW pumped storage project as demand drives renewed interest
- •Kentucky utilities LG&E and KU are studying a 266-MW pumped storage project.
- •The project is estimated to cost approximately $4.9 million/MW, totaling over $1.3 billion.
- •Jefferies analysts suggest the project's high cost makes it unviable without a data center hyperscaler willing to underwrite it.
ppa