National encouraging policies for hydropower energy storage

What is China doing to promote pumped storage hydroelectricity?

Makes policy recommendations for promoting pumped storage hydroelectricity in China. As part of its energy transition strategy, China has set ambitious targets for increasing the contribution of renewable energy and, in particular, of wind power.

Can pumped storage hydropower boost China's green energy transition?

Increasing pumped storage hydropower capacity is vital for promoting the green energy transition in China, responding to extreme situations and ensuring energy security, said Peng Caide, chief engineer with the China Renewable Energy Engineering Institute, a think tank under China's National Energy Administration.

When will pumped storage hydropower enter service?

The development plan said 120 million kWh of pumped storage hydropower will enter service by 2030 and multiple pumped storage hydropower companies will be formed by 2035, while also enhancing the protection of natural resources to ensure sustainable development and create social capital to boost local communities, it said.

What is pumped storage hydropower (PS)?

Pumped Storage Hydropower (PS) is the largest form of renewable energy storage, with nearly 200 GW installed capacity, providing more than 90% of all long duration energy storage across the world with more than 400 projects in operation.

Will pumped storage hydropower be a big deal in 2035?

Renewable energy accounts for an ever-increasing share of the market, and it is expected the maximum peak-valley difference of the power system will exceed 1 billion kilowatts by 2035. A new electrical power system with new energy as the mainstay of the power system, in turn, will have higher criteria for pumped storage hydropower, he added.

What is the National Hydropower Association?

The National Hydropower Association advocates for policies at the federal and state level to support all sectors of the waterpower industry (conventional hydro, pumped storage, and marine energy).