The Markersbach Pumped Storage Power Plant is a hydroelectric power station utilizing pumped-storage technology in Markersbach, Saxony, Germany.

It is Germany's second largest Pumped Storage Power Plant.

The power station generates electricity by moving water between an upper and lower reservoir.

During periods of low energy demand, water is pumped from the lower reservoir at an elevation of 563 m (1,847 ft) to an upper reservoir at 850 m (2,789 ft).

When energy demand is high, the water is released back down towards the lower reservoir and fed through six 174.25 MW reversible Francis pump turbines, the same machines that pumped the water to the upper reservoir.