National development of energy storage pumped storage installed capacity 10 28 million

What is the Development Report of pumped storage industry 2021?

The report, Development Report of Pumped Storage Industry 2021, was published by the China Renewable Energy Engineering Institute on Friday. The total installed capacity of PSH in China increased 15.6 percent year-on-year to 36.39 million kW by the end of 2021, ranking tops in the world, the report said.

How big is China's pumped-storage hydroelectricity?

According to the China Electricity Council (CEC), as of the end of 2022, the total installed capacity of China's pumped-storage hydroelectricity reached 45.79 million kW, ranking first in the world, and it was expected to exceed 50 million kW by the end of this year.

How much pumped-storage hydropower will China have by 2025?

According to a mid- and long-term development plan for pumped-storage hydropower unveiled by the National Energy Administration last year, China aims to have more than 62 million kilowatts of operational pumped-storage hydropower capacities by 2025. By 2030, the figure is expected to reach around 120 million kW.

Why is China ramping up pumped-storage hydroelectricity capacity?

[Photo/Xinhua] Clean power facilities gain ground on policy support, advantages over other new energy units China is ramping up pumped-storage hydroelectricity (PSH) capacity in an effort to boost new energy development and ensure stable operations of the grid, according to a recent industry report.

Will China's energy storage capacity hit 30 million kW by 2025?

An official with the National Energy Administration (NEA) told People's Daily that China's total installed capacity of new-type energy storage facilities would hit 30 million kW by the end of 2025, maintaining annual growth of over 50 percent.

Is China leading the world in pumped-storage hydropower?

A recent CREEI report showed China already leads the world in pumped-storage hydropower. By the end of last year, the total installed capacity of pumped-storage hydroelectricity in China had increased 15.6 percent year-on-year to 36.39 million kW.