Consider the following statements:
Statement–I: Pumped storage systems help balance electricity demand by storing energy and releasing it during peak consumption hours.
Statement–II: Pumped storage systems rely on two water reservoirs at different elevations, where water is released from the lower reservoir to the upper reservoir to generate electricity.
Which one of the following is correct in respect of the above statements?
1
Both Statement–I and Statement–II are correct and Statement–II is the correct explanation for Statement–I
2
Both Statement–I and Statement–II are correct, but Statement–II is not the correct explanation for Statement–I
3
Statement–I is correct but Statement–II is incorrect
4
Statement–I is incorrect but Statement–II is correct