It is located in the Waldeck-Frankenberg district in the municipality Edertal near the town Waldeck in the northern part of the state Hesse and is owned by German electric utility E.ON.
[1] Water is stored in the Waldeck II Upper Reservoir which has a volume of 4.4 mn m³.
Waldeck II is built as an underground power station, its machinery is located in a large cavern.
[2][3] This project is postponed at some indefinite future date because (according to E.ON) new pumped storage stations are not profitable in Germany.
[1] A funicular called Peterskopfbahn runs in parallel to the penstocks between the upper reservoir and power house of Waldeck I.
Reservoirs: Edersee , Waldeck I Upper Reservoir, Waldeck II Upper Reservoir, Affoldener See | Power stations: Hemfurth Power Station , Waldeck I Power Station, Waldeck II Power Station, Affoldern Power Station |