What is the 14th five-year plan for energy storage?
The “14th Five-Year Plan” has specified development goals for energy storage also on the provincial level. During the “14th FYP” period, 25 provinces and cities plan to complete 77.65 GW new type storage installation. That scale is more than twice the “14th FYP” target (30 GW) set by the NEA.
Will pumped storage projects be accelerated during the 14th five-year plan?
On April 2, , 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 (–) , while “approval status” is an important “barometer” of pumped storage development and construction.
What pumped storage power stations ushered in a new peak?
During the “Twelfth Five-Year Plan” and “Thirteenth Five-Year Plan” periods, to adapt to the rapid development of new energy and UHV power grids, pumped storage power stations such as Fengning in Hebei Province and Jixi in Anhui Province ushered in a new peak.
How big will pumped storage be by ?
In September , the National Energy Administration issued the Medium and Long Term Development Plan for Pumped Storage (–), proposing that by , the total scale of pumped storage will double from that of the 13th Five-Year Plan, reaching more than 62 gigawatts.
What is the scope of energy storage in the PRC?
“ 工业和信息化部等六部门关于推动能源电子产业发展的指导意见,” People’s Government of the PRC, 3 Jan , at https:// www.gov.cn/zhengce/zhengceku/-01/17/content_5737584.htm. The scope includes two categories: dispatch-controlled new type energy storage and self-used new type energy storage by power stations.
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