> I understand that hydroelectricity is used to supply the basic power need, say 80% and a water reservoir with turbines to cover power peak needs
This seems like you either didn't understand what pumped storage is, or you've confused several related technologies.
A typical pumped storage scheme goes like this: We find a mountain with a high lake and a low lake. We dam the high lake so that its natural outflow (perhaps to the low lake) ceases. We dig tunnels between the lakes, and we put an electric pump/ turbine in the tunnels.
When we put electricity into the pump, water from the low lake is pumped up to the high lake (until it gets too full and we stop). This stores energy. When we let the water down the pipe through the turbine instead, the same water flows from the high lake down to the low lake, giving slightly less electricity via the turbine.
Unlike the conventional hydro electric power plant this is not really producing electricity, it is storing it, hence the words "pumped storage". We can use this to move electricity in time, which otherwise has to be done very expensively with batteries.
For example, when it's windy in the middle of the night in the UK, the French and Belgians buy some of our cheap electricity, and the stored power hydro facilities in Wales and Scotland also use that electricity to pump water up to their top lakes. The next afternoon, when peak electricity usage occurs as the sun goes down and people begin cooking evening meals, the pumped storage releases the water, making electricity it can sell at peak prices. In the UK the pumped storage plants are privately owned, so they benefit financially from this arbitrage.
This seems like you either didn't understand what pumped storage is, or you've confused several related technologies.
A typical pumped storage scheme goes like this: We find a mountain with a high lake and a low lake. We dam the high lake so that its natural outflow (perhaps to the low lake) ceases. We dig tunnels between the lakes, and we put an electric pump/ turbine in the tunnels.
When we put electricity into the pump, water from the low lake is pumped up to the high lake (until it gets too full and we stop). This stores energy. When we let the water down the pipe through the turbine instead, the same water flows from the high lake down to the low lake, giving slightly less electricity via the turbine.
Unlike the conventional hydro electric power plant this is not really producing electricity, it is storing it, hence the words "pumped storage". We can use this to move electricity in time, which otherwise has to be done very expensively with batteries.
For example, when it's windy in the middle of the night in the UK, the French and Belgians buy some of our cheap electricity, and the stored power hydro facilities in Wales and Scotland also use that electricity to pump water up to their top lakes. The next afternoon, when peak electricity usage occurs as the sun goes down and people begin cooking evening meals, the pumped storage releases the water, making electricity it can sell at peak prices. In the UK the pumped storage plants are privately owned, so they benefit financially from this arbitrage.