The Next Generation of Pumped Storage

The first slide of Daybreak Power’s first-ever presentation to potential investors quotes Paul Allen, the legendary co-founder of Microsoft, asking what he calls the most exciting question imaginable: “What should exist? … What do we need that we don’t have?”.

The answer I reached in the years leading up to co-founding Daybreak in 2018 is this: A bunch of big-honkin’ pumped storage hydropower projects, for the simple reason that we’re going to need a ton of cost-effective, proven, long-duration energy storage if we, as a society, are to have any hope of integrating high levels of intermittent wind and solar power, and thereby slash greenhouse gas emissions to put the brakes on catastrophic climate change.

Plus, we can create a lot of jobs and maybe make some money on it!

Joyce Patry, a former MBA classmate, and I founded Daybreak in the Northern Virginia suburbs of Washington, DC, as an early-stage developer of these massive infrastructure projects.

Despite extremely limited resources, we pulled together some engineering and cost-configuration studies that had previously been conducted on potential pumped storage sites at US Bureau of Reclamation dams around the West. In late 2018 we filed a FERC preliminary permit application for the 1540MW Next Generation Pumped Storage project near Hoover Dam/Lake Mead, and followed that up with a July 2019 application for the 2210MW Navajo Energy Storage Station near Glen Canyon Dam/Lake Powell on the border of Utah and Arizona.