The issuance of the 14th five year plan for modern energy system will accelerate the construction of pumped storage power stations
[Securities Times] the national development and Reform Commission and the National Energy Administration jointly issued the “14th five year plan” for modern energy system on March 22. The plan mentioned to accelerate the construction of pumped storage power stations, implement a new round of national medium and long-term development plan for pumped storage, and promote the construction of large-scale pumped storage power stations that have been included in the plan and have mature conditions. Optimize the operation mode of multi energy complementary dispatching on the power side and fully tap the potential of power peak shaving. By 2025, the total scale of flexible transformation of coal motor units will exceed 200 million KW, the installed capacity of pumped storage will reach more than 62 million KW, and the installed capacity under construction will reach about 60 million KW.
Comments: as the “super charging treasure” of the power system, pumped storage has the advantages of high security assurance, good flexible regulation performance and excellent environmental benefits. It is of great significance to ensure the power supply, ensure the security of the power grid and promote the construction of a clean, low-carbon, safe and efficient energy system. Previously, a series of industry top-level plans, including the medium and long-term development plan of pumped storage (20212035), were successively issued. The relevant statement of “strengthening the construction of pumped storage power stations” was also added to this year’s government work report. With the active promotion of relevant policies, the construction of pumped storage power stations in China is ushering in accelerated development, and industrial chain companies hope to usher in opportunities.
Jiangsu Ankura Smart Transmission Engineering Technology Co.Ltd(300617) ( Jiangsu Ankura Smart Transmission Engineering Technology Co.Ltd(300617) ): Gil and EHV cable system services of the company can be applied to pumped storage power station. 500kV cable system scheme has been successfully applied to Fujian Xianyou pumped storage power station, China Three Gorges group changlongshan pumped storage power station and other projects. The company will actively participate in the bidding of pumped storage power station project and actively promote the implementation of the project.
Yunnan Wenshan Electric Power Co.Ltd(600995) ( Yunnan Wenshan Electric Power Co.Ltd(600995) ): the company has a high market share of pumped storage and has rich project reserves. The company will still vigorously build energy storage projects in the future. At present, the company has signed cooperation agreements with the local governments of several pumped storage project sites.
