Jiadian business park pumped storage

How big is China's pumped-storage capacity?

China’s pumped-storage capacity is set to increase even more, with 89 GW of capacity currently under construction. Developers are seeking governmental approvals, land rights, or financing for an additional 276 GW of pumped-storage projects, according to the data from Global Energy Monitor. Pumped storage is a type of energy storage.

Can pumped storage plants improve peaking power solutions in China?

This presents a significant challenge for the construction and planning of peaking power solutions in China. Pumped storage plants provide a means of reducing the peak-to-valley difference and increasing the deployment of wind power, solar photovoltaic energy and other clean energy generation into the grid.

Where are pumped storage plants located?

The current layout of pumped storage plants that have been built or are being built shows that storage plants are mainly distributed in Southern China, Central China, Northern China, Eastern China and North-eastern China, i.e., regions that are mainly based on coal power with a relatively developed economy.

Why is China building pumped-storage hydropower facilities?

China is building pumped-storage hydropower facilities to increase the flexibility of the power grid and accommodate growing wind and solar power. As of May 2023, China had 50 gigawatts (GW) of operational pumped-storage capacity, 30% of global capacity and more than any other country.

Should China promote pumped storage plants?

China should not only promote about the construction of pumped storage plants but also implement reasonable policies to stimulate enthusiasm for pumped storage plant investment and promote their construction. The operators of pumped storage plants must find the proper business model for their development.

What is pumped storage?

Pumped storage is a type of energy storage. When demand is low (or supply is high), pumped-storage hydropower plants pump water from a lower reservoir to an upper reservoir. Later, when electricity demand is high (or supply is low), the water is released from the upper reservoir through a turbine into the lower reservoir, generating electricity.