Media release
The CDR Navaleo pumped storage hydropower project is being developed in Ponferrada, Castilla y León, Spain. With an installed capacity of 535 MW and more than eight hours of storage, the future facility will provide flexible capacity to the Spanish electricity system and support the integration of wind and solar generation.
Pumped storage hydropower helps balance electricity supply and demand. When renewable electricity generation exceeds demand, the facility will use electricity to pump water from a lower reservoir to an upper reservoir. When demand rises or renewable production falls, the water will be released through turbines to generate electricity.
This ability to store energy and make it available when needed will help improve grid flexibility and security of supply as the share of renewable energy in Spain’s electricity system continues to grow.
Navaleo is Alpiq’s first major hydropower project outside Switzerland. It represents an important milestone in the company’s European growth strategy and builds on Alpiq’s extensive experience in developing, operating and optimising flexible hydropower assets. Commercial operation is currently planned for the early 2030s.
The project is being developed on the site of a former mining complex. The facility has been designed as a closed-loop system, with two reservoirs that are not directly connected to natural river systems. This design enables controlled water management and limits the project’s interaction with natural waterways.
In addition to providing long-duration energy storage, the future facility is designed to support the treatment and reuse of water affected by former mining activities. The project will therefore combine modern energy infrastructure with the rehabilitation of an industrial legacy site.
The Navaleo project is expected to:
The European Commission has included CDR Navaleo on the European Union list of Projects of Common Interest, recognising its strategic relevance for Europe’s energy transition and energy resilience.
The project has also been awarded EUR 35.3 million under Spain’s Recovery, Transformation and Resilience Plan. The funding was granted through the Institute for Energy Diversification and Saving, an agency of Spain’s Ministry for the Ecological Transition and the Demographic Challenge.
Pumped storage power plant
Castilla y León, Spain
To be determined
535 MW
99%
Early 2030s
Not available
In development