The U.K.'s first large pumped storage hydroelectric project in more than 30 years has secured all necessary approvals and has construction procurement underway, but the $1.3-billion, 1.5-GW Coire Glas complex in Scotland is being stalled while its developer awaits a better financial incentive approach.
The project would involve construction of an upper reservoir providing a 500-m drop to the existing Loch Lochy lake, about 15 km northeast of Fort William in the Scottish Highlands.