The biggest beneficiary of the pumped storage industry chain

How pumped storage plants will improve China's electric power system?

As the government pays more attention to the development of pumped storage plants, the sustainable development of China's pumped storage plants will be further enhanced and the installed capacity will continue to grow, thereby increasing the proportion of installed capacity in the electric power system.

What will China's pumped storage plant do in the future?

In the future, the construction of capacity market will bring greater profit space for the pumped storage plant. With the technological progress of energy storage and the development of China's carbon trading market, China's pumped storage plants will receive more attention from the government.

Is pumped storage plant a life cycle benefit evaluation model?

Based on the pumped storage electricity price mechanism and conforming to the construction law of China's spot power market, this paper established a life cycle benefit evaluation model of pumped storage plant through different market stages, and the evaluation results can provide decision-making reference for investors and national policy makers.

How pumped storage plant can benefit from economic benefit model?

The full capacity of the pumped storage plant can freely participate in the spot market and auxiliary service market. At the same time, pumped storage plants can also obtain capacity income from reliability capacity market and regulatory capacity market. 4. Economic benefit model

Can pumped storage plant promote low-carbon transformation of China's power system?

A life-cycle economic benefit model undergoing multi marketization stages is proposed. The policy impact is evaluated by simulating the approval process of capacity price. Pumped storage plant can help promote the low-carbon transformation of China's power system because of its fast response and energy time shift.

Who owns pumped storage plants in China?

At present, most of the pumped storage plants in operation and under construction are wholly controlled by State Grid Xinyuan company limited LYD, a wholly owned subsidiary of State Grid Corporation of China (SGCC) or jointly controlled by other power generation enterprises.