Southeast Asia's pumped hydro capacity is projected to grow from 2.3 GW to 18 GW by 2033.
Pumped-storage hydropower, or simply pumped hydro , is set to play an increasing role in Southeast Asia ’s energy transition. This mature technology for large-scale energy storage can bolster grid reliability as fossil fuel generators are phased out in favor of renewable sources. Pumped hydro capacity in Southeast Asia is projected to surge from 2.
Furthermore, Indonesia, Thailand and other regional nations are progressing with pumped hydro through policy frameworks. State-owned utility companies dominate pumped hydro projects in most of Indonesia, the Philippines, Vietnam and Thailand. This trend is evident with the top three developers in Southeast Asia, all of which have significant government ownership. Indonesia’s state-owned utility company PLN is the leading developer in the region, with 3.7 GW pumped hydro projects in the pipeline.
Pumped Hydro Utilities Power Generation Asia
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