Ever wondered how countries balance the seesaw of renewable energy? Enter pumped hydropower storage (PHS), the OG grid stabilizer that's been around longer than your grandma's cast-iron skillet. With global investments hitting $4.5 billion in 2024 alone [7], governments are rolling out subsidies faster than Tesla releases software updates. But why subsidize a technology that literally loses 25% energy in storage? (Spoiler: It's still cheaper than buying a Powerwall for every household.) [2021-01-03 02:50]
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