Argonne leads creation of definitive valuation guide for pumped storage hydropower

Argonne scientists led four other laboratories in developing definitive guidance on how to value pumped storage hydropower projects. Their efforts resulted in DOE publication of the Pumped Storage Hydropower Valuation Guidebook: A Cost-Benefit and Decision Analysis Valuation Framework. The guide provides an objective, transparent valuation methodology and helps measure both monetary and non-monetary value streams.