Recently, the national development and Reform Commission and the National Energy Administration jointly issued a notice to speed up the development and construction of pumped storage projects during the 14th Five Year Plan period. The notice points out that in the area where large-scale wind power photovoltaic base is located, the planning and construction of pumped storage should be well connected and coordinated with the planning, project layout and transmission channel of large-scale wind power photovoltaic base, so as to promote power transmission. The development and reform commissions and energy bureaus of all provinces (autonomous regions and municipalities) are requested to speed up the approval of pumped storage projects in 2022 in accordance with the principle of doing everything they can to ensure the approval of a number of projects by the end of 2022, and do a good job in connection with the subsequent annual approval of the 14th five year plan, so as to promote the sound, rapid, large-scale and high-quality development of pumped storage.
Pumped storage is the most mature technology, the best economy and the most large-scale development conditions. Strengthening the construction of pumped storage power stations has been written into this year's government work report. Xin Baoan, director of the State Grid, recently wrote in the people's Daily that the installed capacity of pumped storage power stations in the company's business area will be increased from 26.3 million kW to 100 million KW by 2030, which means that China's Pumped Storage Investment and construction will double in the next few years. The agency pointed out that the investment in the unit installed capacity of pumped storage is expected to be 5951.4 yuan per kilowatt. According to the calculation, the new investment in pumped storage will be 175.6 billion yuan and 520.8 billion yuan by 2025 and 2030 respectively.
According to the theme database of financial Associated Press, among the relevant listed companies:
Harbin Jiuzhou Group Co.Ltd(300040) provide all DC power supply systems, batteries, UPS, EPS and other power equipment for Fengning pumped storage power station project.
Hainan Jinpan Smart Technology Co.Ltd(688676) products have been widely used in pumped storage projects, including Anhui Jixi pumped storage power station, Fujian Zhouning pumped storage power station, Guangzhou Pumped Storage Power Station and Hebei Fengning pumped storage power station, with cumulative orders of more than 100 million yuan.
