To whom did the 7 pumped storage power stations go

What is pumped storage power station (PSPS)?

The pumped storage power station (PSPS) is a special power source that has flexible operation modes and multiple functions. With the rapid economic development in China, the energy demand and the peak-valley load difference of the power grid are continuing to increase.

What are pumped storage power stations?

As a clean and stable green energy storage station, pumped storage power stations have seen a rapid development [4, 19]. The primary objective of building pumped storage power stations has shifted from absorbing excess electricity from the power system to absorbing surplus electricity from renewable energy stations [19,20].

How do pumped storage facilities work in China?

In China, pumped storage facilities are usually incorporated into the power transmission and distribution assets. Thus, pumped storage facilities are uniformly dispatched by the power dispatching agency, and the investment cost is recovered through the transmission and distribution price .

What is the world's highest-altitude pumped-storage power station?

CHENGDU, Jan. 11 -- Workers on Thursday broke ground on what is set to be the world's highest-altitude pumped-storage power station in southwest China's Sichuan Province.

How much does China's pumped-storage power project cost?

With an expected investment of 15.1 billion yuan (2.11 billion U.S. dollars), it is expected to be the pumped-storage power project with the largest installed capacity in Sichuan, and the world's highest-altitude mega pumped-storage power station, the company said.

Should Chinese power systems develop pumped storage systems?

The result shows the urgency of developing the PSPS in Chinese power systems that have given priority to thermal power, and the energy resources need the wide-range optimal allocation within the system. The development cycle of the pumped storage is long, and at least 8–10 years are needed from the planning to the completion.