The Government of Scotland has approved Intelligent Land Investments Group (ILI Group) for the development of a 450 MW Red John pumped hydro energy storage facility located on the shores of Loch Ness, Loch, Scotland, United Kingdom.
The project has a total investment cost of about GBP550 million (US774.37 million). The hydro energy storage facility will save more than 45 million tonnes of CO2 over its lifetime.
In 2021, a public consultation has been conducted before the project being approved.