Earlier quoted context omitted.
> pumped hydro for long term storage. You are using long-term in an extremely vague way. Pumped hydro is not a solution for seasonal storage or yearly storage. Seasonal variation can be a problem in higher latitudes. For example we have a serious problem in New Zealand where our existing "green" hydro lakes are sometimes low and our economy is affected: creating national power crises during dry years. We use coal-bur…
Long term storage is definitely the weak point of moving to 100% carbon free electricity. Unfortunately geothermal does not cover this need. If we want to cover a dankelflaute with geothermal, we basically need enough geothermal to cover ~100% of our power needs. Pumped hydro is the best answer we have at the moment, even if it isn't a great answer. What will likely happen is that people will decide that "99% is good…
New Zealand's hydro storage is less than a sixth of the country's total yearly electricity use. Hydro generation typically accounts for over 50% of our annual electricity generation, making us reliant on river flows. The maximum storage (full lakes) is around 5 TWh.
The lakes can't smooth out over long periods.About 20% of New Zealand electricity comes from geothermal. I would guess political and environmental issues would dominate costs for increasing geothermal generation (plus I would assume we've taken all the low hanging fruit).