Stage

Methodology Idea Note

Development ID#

M0219

Sectoral Scope

1. Energy (renewable/non-renewable)

The proposed methodology applies to project activities operating closed-loop pumped-storage hydroelectric projects, which are connected to the power grid to deliver renewable energy to consumers. GHG emissions reductions are achieved when excess and stored renewable energy generated by the project activity is delivered to consumers during periods of high GHG intensity instead of electricity generated from fossil fuels.

SUMMARY OF DEVELOPMENT

The methodology idea note was submitted by Greenko Energies Private Limited (GEPL) (opens on external site) and is currently at “Step 1: Methodology Idea Note Submission” of the VCS Methodology Development and Review Process, v4.3 (PDF).

Stakeholders interested in collaborating during methodology development or developing projects that this methodology might enable are encouraged to contact methodologies@verra.org. Please include Methodology Development ID# M0219 in the subject line.