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The purpose of this Notice of Opportunity for Technical Assistance (NOTA) is to perform techno-economic studies, power market analyses, financial analyses, and a valuation analysis to evaluate the long-term benefits and costs of two selected PSH projects. These studies will provide PSH developers with a number of analyses to estimate the value of a proposed PSH project, including: value of bulk power/storage capacity; energy arbitrage; value of ancillary services; power system stability; and transmission benefits. The studies will also investigate and compare PSH financial revenue streams under current market structures relative to the economic value of PSH to the grid. Total Technical Assistance is valued at $3,000,000. DOE will provide the funding to the team that will provide the Technical Assistance for the selected projects. There is no direct financial assistance available under this NOTA.