Meidaizhao pumped hydropower storage

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.

Should China invest in pumped storage hydropower?

China has been urged to optimise pumped storage hydropower stations such as Huanggou in Heilongjiang Province, while also expanding battery storage (Image: Wang Jianwei / Xinhua / Alamy) Pumped storage hydropower supports China’s transition to renewable energy by generating electricity when the sun is not shining nor the wind blowing.

How many GW of pumped hydro energy storage are there in Asia?

The nation now sees 52.3 GW of pumped hydro storage under construction or planned and is by far the largest contributor of Asia-Pacific energy companies, which have approximately 71 gigawatts of pumped hydro energy storage projects in the planning or construction stage at the start of 2021, said IHS Markit's power assets tracking service.

Can China tap pumped storage hydropower capacity?

Peng said China has substantial potential to tap pumped storage hydropower capacity, as it only accounts for 1.4 percent of the country's power system, far behind the average of 10 percent in developed countries.

How will China's pumped storage hydropower market work?

The province also promised steps to promote cost cuts and large-scale commercial application of lithium-ion battery projects. With increasing use of wind and solar power in China, market prospects of pumped storage hydropower are more promising and could generate multi-billion dollar business, industry experts said.

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.