E.ON is set to invest 250 million euro in a new hydroelectric station in Germany.
The new generator requires low maintenance, has a long service life and robust design and includes a 300 megawatts pump turbine.
Dr. Ingo Luge, chairman of E.ON Germany said: “Pumped storage power stations can efficiently store surplus energy and are thus an excellent partner for integrating intermittent renewable energy supply. Such plants are an important building block of future energy supplies.”
This power station is expected to be built in Edertal/Hemfurth with the deal due to be confirmed in 2012.