Pumped Storage

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30 Mar: Premium Energy Granted Preliminary Permit for Haiwee Pumped Storage Project

FERC Issues Premium Energy A Preliminary Permit for Haiwee Pumped Storage Project In the time of COVID-19, there are still development threats on public lands trying to inch forward. On March 19th, the Federal Energy Regulatory Commission (FERC) issued LA-based company, Premium Energy a 2-year preliminary permit for a pumped storage project in the Haiwee area.  The preliminary permit gives Premium Energy priority placement in any future Haiwee Pumped storage project proposals for the duration of the permit. This allows Premium Energy to invest time and resources into feasibility studies and consultation with interested parties without the concern of another…

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03 Dec: Comment Letter on Haiwee Pumped Storage Project

Comment Letter on Haiwee Pumped Storage Submitted Towards the end of November, Friends of the Inyo submitted comments to the Federal Energy Regulatory Commission (FERC) on L.A area company, Premium Energy’s application for a preliminary permit to examine the Haiwee area for its “pumped storage” capabilities. Simply put, pumped storage is a type of energy storage that involves two reservoirs, one at a higher elevation and one at a lower elevation. When energy is cheap, water is pumped uphill to the higher reservoir for storage. When demand is higher and energy is more expensive, it is sent downhill and sold…

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06 Jun: Eastern Sierra Pumped Storage Projects Update

Premium Energy Holdings, LLC (PE) is proposing two massive pumped storage projects in the Eastern Sierra that could impact local communities, recreational uses, and habitats in Inyo and Mono County. Pumped storage involves pumping water up-slope during times of low energy demand/high energy production and then releasing it (in pipes or tunnels) downhill to power turbines and generate electricity when additional energy is required. On May 24, the Federal Energy Regulatory Commission (FERC), the agency that regulates hydropower projects including pumped storage, rejected the company’s application that proposed multiple “closed-loop” reservoir/pum systems within Wheeler Ridge’s John Muir Wilderness.  This proposal would…

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03 May: Pump Storage threat comes to the Eastern Sierra

Through a public notice and the diligence of our members and supporters, we recently learned of a proposal submitted to the Federal Energy Regulatory Commission (FERC) for construction of a large pump storage facility in the Wheeler Crest, Rock Creek and Owens River Gorge. Pump storage involves pumping water up-slope during times of low energy use/high energy production and then releasing it (in pipes in this case) downhill to create electricity when additional energy is required. This massive proposed project would impact the communities of Round Valley, Paradise and Swall Meadows. The project is within habitat for the endangered Sierra…