14th five-year plan pumped storage

Will pumped storage projects be accelerated during the 14th five-year plan?

On April 2, 2022, the National Development and Reform Commission and the Energy Administration jointly issued a notice to accelerate the development and construction of pumped storage projects during the 14th Five-Year Plan period.

What is the 14th Five-Year Plan period?

The 14th Five-Year Plan period is the implementation of the Medium and Long Term Development Plan for Pumped Storage (2021–2035) , while “approval status” is an important “barometer” of pumped storage development and construction.

How big will pumped storage be by 2025?

In September 2021, the National Energy Administration issued the Medium and Long Term Development Plan for Pumped Storage (2021–2035), proposing that by 2025, the total scale of pumped storage will double from that of the 13th Five-Year Plan, reaching more than 62 gigawatts.

How many pumped storage projects have been approved in Henan province?

Since the 14th Five-Year Plan, six pumped storage projects have been approved in Henan Province, with a total installed capacity of 8.8 gigawatts and a total estimated investment of 57.967 billion yuan, completing 74.5 % of the approved capacity planned in the 14th Five-Year Plan.

How many pumped storage power stations did China approve?

The country approved 110 pumped storage power stations with a total installed capacity of 148.901 gigawatts, which is 2.8 times the capacity approved during the “13th Five-Year Plan” period. China has completed 70.90 % of the total capacity target of 210 gigawatts for key implementation projects during the “14th Five-Year Plan”.

How many pumped storage projects have been approved in China?

From the approval situation: Since the “14th Five-Year Plan” in central China, a total of 25 pumped storage projects have been approved, with an approved installed capacity of 33.496 gigawatts, ranking the most in the geographical region of the country.