Erik Steimle, Chief Development Officer at Rye Development, shares his insights into closed-loop pumped-hydro energy storage systems. He explains how these innovative projects use artificial reservoirs to provide long-duration storage without harming natural waterways. The discussion highlights the economic potential, longevity, and efficiency of pumped-hydro compared to lithium-ion batteries. Steimle also addresses regulatory challenges, community engagement, and recent bipartisan support aiming to streamline permitting for these crucial renewable energy initiatives.