Guangdong hydropower stocks and pumped storage

Guangdong hydropower stocks and pumped storage

Two million-kilowatt pumped storage power stations in South China's Guangdong province were placed into full operation on May 28, which has significantly increased the consumption capacity of clean energy in the Guangdong-Hong Kong-Macao Greater Bay Area, and made the region a world-class bay area power grid with the highest proportion of clean energy.

6 FAQs about [Guangdong hydropower stocks and pumped storage]

Who owns Guangzhou pumped storage power station?

Guangzhou Pumped Storage Power Station has a total capacity of 1,200MW and was developed in two stages (1993-1994 & 1999-2000). Hong Kong Pumped Storage Development Company, Limited (PSDC) is wholly-owned by CLP, which has the contractual rights to use the equivalent of half of the first stage of the project (600MW) for 40 years until 2034.

What is pumped storage power in Guangdong Province?

In recent years, pumped storage power of Guangdong Province develop very rapidly, and large pumped storage power stations (PSPS) such as Guangzhou PSPS, Huizhou PSPS, Qingyuan PSPS, and Shenzhen PSPS, etc. have been built [ 1 ].

What is Guangzhou pumped-storage hydropower plant?

Guangzhou Pumped-storage Hydropower Plant, established in December 1991, was located in Conghua District of Guangzhou and responsible for the management of pumped-storage hydropower stations in Guangzhou. The power plant consists of 8 reversible pumped storage units of 300 MW. The total installed capacity is 2.4 GW.

How many kilowatts is pumped storage power station in Guangdong-Hong Kong-Macao?

The new Meizhou Pumped Storage Power Station and Yangjiang Pumped Storage Power Station have a total installed capacity of 2.4 million kilowatts, bringing the total installed capacity of pumped storage power grid in the Guangdong-Hong Kong-Macao Greater Bay Area to reach nearly 10 million kilowatts.

What is Guangdong's power system?

At present, Guangdong’s power system has formed a diversified power supply system with coal power as the main source, and a combination of nuclear power, electric power from the western region, gas power, hydropower, pumped storage, wind power and other types of power sources. And the grid has a large peak-to-valley difference.

Who owns Hong Kong pumped storage power station?

Hong Kong Pumped Storage Development Company, Limited (PSDC) is wholly-owned by CLP, which has the contractual rights to use the equivalent of half of the first stage of the project (600MW) for 40 years until 2034. CLP participated in the development of the first stage of the pumped storage power station through PSDC.

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