ENGIE and CDPQ to pump up to £1bn into Dinorwig and Ffestiniog hydro storage refurb

Stuart Stone
clock • 4 min read
Dinorwig power station on shores of Llyn Peris, llanberis, Gwynedd, Wales - Credit: iStock
Image:

Dinorwig power station on shores of Llyn Peris, llanberis, Gwynedd, Wales - Credit: iStock

Refurbishment programme aims to extend life of Dinorwig and Ffestiniog plants that provide around three quarters of the UK pumped hydro storage capacity

Energy firm ENGIE and Canadian investment group CDPQ have today set out plans to invest up to £1bn in a project to extend the life of pumped storage hydro assets at Dinorwig and Ffestiniog in north Wales....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

IEA: Battery tech dominates global energy innovation in 2025

IEA: Battery tech dominates global energy innovation in 2025

More than 150 energy technology breakthroughs identified in new IEA report, which highlights how energy security has emerged as a leading driver of innovation

Stuart Stone
clock 17 February 2026 • 4 min read
Energy UK's Rachel Cary: 'I'm constantly buoyed by young people's enthusiasm to tackle sustainability'

Energy UK's Rachel Cary: 'I'm constantly buoyed by young people's enthusiasm to tackle sustainability'

Trade body's head of industrial strategy reflects on how EV and heat pump optimisation has taken off in the last year, and the pressing need to adapt urban concrete jungles to the changing climate

Stuart Stone
clock 17 February 2026 • 7 min read
Study: Energy-hungry data centres and air con wiping out climate gains made by renewables

Study: Energy-hungry data centres and air con wiping out climate gains made by renewables

Report warns rapid expansion of renewables is largely covering fast-growing energy demand from data centres and cooling systems rather than displacing fossil fuels

clock 16 February 2026 • 5 min read