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LG&E and KU 266MW Pumped Storage Hydro Project

Sector: Hydro • Location: Kentucky, United States

Source: Market Screener

Project
Planned

LG&E and KU are evaluating a 266MW pumped storage hydro project with Rye Development. The project received a preliminary permit from FERC in 2022, with a final license expected in Q2 2027. Construction could begin as early as 2027, with a potential commercial operation date in 2031. The initial cost estimate is $1.3 billion, excluding eligibility for up to 50% ITC. This project is not included in

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Project Information

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The project “LG&E and KU 266MW Pumped Storage Hydro Project” is an infrastructure initiative in the Hydro sector, located in Kentucky, United States. Taiyo aggregates data on it from Market Screener.

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planned

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Description

Description

LG&E and KU are evaluating a 266MW pumped storage hydro project with Rye Development. The project received a preliminary permit from FERC in 2022, with a final license expected in Q2 2027. Construction could begin as early as 2027, with a potential commercial operation date in 2031. The initial cost estimate is $1.3 billion, excluding eligibility for up to 50% ITC. This project is not included in PPL's capex or EPS projections.

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High

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