Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Thursday, May 28
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Utilities»China’s Top Utility Completes World’s Biggest Pumped Hydro Plant
    Utilities

    China’s Top Utility Completes World’s Biggest Pumped Hydro Plant

    August 13, 20242 Mins Read


    (Bloomberg) — State Grid Corp. of China has completed the world’s biggest pumped hydro plant as the nation ramps up its green energy capabilities.

    The last of 12 units at the Fengning plant started commercial operations on Sunday, the official China Energy News reported. Two units have variable-speed technology — the first of its kind in the country — which allows the station to adjust to power grid loads at a faster pace, according to the report.

    The 19 billion yuan ($2.6 billion) plant in Hebei province has a capacity of 3.6 gigawatts and was a flagship project designed to supply power to the 2022 Beijing Winter Olympics. Fengning surpasses the Bath County project in the US as the world’s largest pumped hydro station.

    During times of excess power, pumps are used to push water to reservoirs uphill. When more energy is required, gravity pulls the water back down through a turbine that generates electricity.

    China is seeking to expand its pumped hydro capacity to 120 gigawatts by 2030, according to the National Energy Administration. The country had 55 gigawatts of installed capacity by June, NEA data show.

    Energy storage will play a pivotal role in China’s green transition, helping spread intermittent wind and solar generation around the clock. State Grid and China Southern Power Grid Co. dominate investment in the sector.

    Listen on Zero: How China Left the World Far Behind in the Battery Race

    ©2024 Bloomberg L.P.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleGold prices fall, but record high in sight amid inflation angst, M.East fears By Investing.com
    Next Article $1.6 Billion Investment for “Bitcoin City”!

    Related Posts

    Utilities

    United Utilities reveal plans for storm water tank in Wirral

    May 26, 2026
    Utilities

    Utilities Up on Safe-Haven Demand – Utilities Roundup

    May 22, 2026
    Utilities

    Boring Beats Brilliant: How a Utilities ETF Has Quietly Trounced the S&P 500 in Every Recession This Century

    May 22, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    : Cryptomonnaie Bitcoin : La Cryptomonnaie Franchit la Barre des 95 000 USD, un Nouveau Souffle pour les Investisseurs ::

    April 28, 2025
    Stock Market

    Stock market today: Dow jumps 1,100 points, S&P 500 and Nasdaq surge after US-China tariff rollback triggers buying spree – Yahoo Finance

    May 12, 2025
    Commodities

    Malaysia, China to enhance collaboration in palm oil supply chains and focus on market expansion, innovation, says deputy minister

    February 23, 2025
    What's Hot

    Stock Market LIVE Updates: GIFT Nifty indicates a firm opening; US, Asian markets flat

    August 18, 2025

    Incomplete sequence calling the path ahead

    November 10, 2025

    Bank of England lowers Discount Window Facility price By Investing.com

    March 27, 2026
    Most Popular

    Pourquoi y a-t-il encore des gens qui ne croient pas au bitcoin malgré sa croissance?

    May 26, 2025

    Daily: Commodities should recover despite demand concerns

    July 24, 2024

    La Chine vend secrètement le bitcoin? L’analyste met en garde contre le bitcoin à 40 000 $

    April 19, 2025
    Editor's Picks

    Michael Saylor Hints At Buying More Bitcoin Despite US-Iran Peace Talks Collapse

    April 12, 2026

    Finance of America details reverse mortgage marketing moves, new Selleck spots

    August 15, 2024

    Nancy. Le Nancéien Sidney Bouvier passe de la finance internationale à la websérie

    March 18, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.