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Rye Development CEO Paul Jacob talks about his company's plans to build a $1.3 billion coal-to-pumped storage hydropower facility as Gov. Andy Beshear looks on during a news conference, Thursday, March 21, 2024 in Frankfort, Ky. Jacob says the project will create about 1,500 construction jobs and 30 operations jobs once the facility is operational. (Tom Latek/Kentucky Today via AP)

Rye Development CEO Paul Jacob talks about his company's plans to build a $1.3 billion coal-to-pumped storage hydropower facility as Gov. Andy Beshear looks on during a news conference, Thursday, March 21, 2024 in Frankfort, Ky. Jacob says the project will create about 1,500 construction jobs and 30 operations jobs once the facility is operational. (Tom Latek/Kentucky Today via AP)

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