Core Viewpoint - The successful commissioning of the first unit of the Meizhou Pumped Storage Power Station Phase II marks a significant milestone in China's pumped storage sector, enabling immediate market participation and enhancing the regulation capacity of the new power system while accelerating the construction of a unified national electricity market [1][2]. Group 1: Project Details - The first unit of Meizhou Phase II can generate 300,000 kilowatt-hours of clean electricity per hour, equivalent to the daily electricity consumption of 50,000 residents [1]. - The total trading scale of the power station in the electricity market reaches 1.5 million kilowatts, making it the largest pumped storage station in China [1]. - The project has a total investment of approximately 12 billion yuan, making it the largest pumped storage project in the Guangdong-Hong Kong-Macao Greater Bay Area [2]. Group 2: Environmental Impact - Upon full completion, the entire power station's installed capacity and regulation capacity will reach 2.4 million kilowatts and 4.8 million kilowatts, respectively [2]. - The station can annually absorb up to 7.2 billion kilowatt-hours of clean energy, reducing standard coal consumption by approximately 2.18 million tons and cutting carbon dioxide emissions by about 5.9 million tons [2]. - The clean energy absorption capacity will be the strongest among domestic pumped storage stations of similar scale [2]. Group 3: Market Participation - The Meizhou Pumped Storage Power Station will participate in the electricity market using a "quantity and price reporting" method for the first time in China, starting in October 2024 [1]. - As of the end of August, the station has traded over 1.74 billion kilowatt-hours in the market and has responded to market demands by initiating operations over 4,200 times [1].
“十四五”粤港澳大湾区首个抽蓄工程实现“投产即入市”
Ke Ji Ri Bao·2025-09-08 00:25