Core Viewpoint - The Paris Pledge aims to enhance the role of pumped storage hydropower in Europe, urging policymakers to create conditions for long-duration storage to achieve clean energy goals [1][4]. Group 1: Industry Commitment - Over 50 utilities, hydropower suppliers, and energy-focused associations have signed the Paris Pledge, indicating strong support for its objectives [2]. - The pledge emphasizes the need for long-duration electricity storage as Europe transitions to a generation capacity where approximately 86% will come from variable renewable sources by 2050 [2]. Group 2: Pumped Storage Hydropower Benefits - Pumped storage hydropower is highlighted as a scalable and cost-effective solution for storing surplus renewable energy and providing flexibility in the electricity system [3]. - The IHA and Eurelectric's partnership through the Paris Pledge aims to scale up pumped storage capacity, which is essential for a renewable-powered Europe [3][4]. Group 3: Call to Action - The Paris Pledge outlines critical steps for industry and policymakers to address storage and infrastructure gaps, aiming to double pumped storage capacity in the next 25 years [4][6]. - The pledge calls for urgent regulatory support at both EU and national levels to unlock a pipeline of nearly 35 GW of pumped storage projects across the EU [5]. Group 4: Proposed Initiatives - Recommendations include creating a dedicated initiative for electricity storage, addressing long-duration storage separately, and promoting the adoption of relevant directives [7]. - The pledge advocates for eliminating double grid fees on storage technologies and introducing expedited permitting processes for pumped storage development [7].