国网抽蓄事业部主任郭炬：新价格机制推动抽水蓄能高质量发展

Core Viewpoint - The new pricing mechanism for pumped storage hydropower aims to promote high-quality development and transition from a scale-oriented approach to a quality-oriented approach, aligning with the goals of the 20th National Congress of the Communist Party of China [1][6]. Group 1: Market and Pricing Mechanism - The new mechanism enhances the market and pricing framework for pumped storage, integrating it with other resources like coal and gas power, marking a significant leap in the pricing formation mechanism [2][3]. - It emphasizes the strategic role of pumped storage in ensuring grid safety and stability, maintaining policy continuity for existing plants while promoting market-oriented development for new projects [3][5]. Group 2: Industry Development and Management - The new mechanism supports the healthy and orderly development of the pumped storage industry by providing positive price signals and ensuring that existing plants continue to operate under government-approved capacity prices [3][4]. - It encourages improved operational management of pumped storage plants, enhancing their peak output capabilities to address safety challenges posed by large-scale integration of renewable energy [3][4]. Group 3: Market Competition and Efficiency - The mechanism fosters market competition by allowing pumped storage plants to participate in energy and ancillary service markets, with revenues shared based on market performance [4][5]. - It sets a unified provincial capacity pricing mechanism for new plants, incentivizing investment through optimized design and management practices, ultimately benefiting end-users [4][5]. Group 4: Resource Allocation and Planning - The new mechanism guides the scientific layout of pumped storage projects, ensuring that new projects are economically viable and strategically located based on grid needs [5][6]. - It establishes a fair burden-sharing principle for shared capacity resources, facilitating rational investment decisions and promoting competitive development within the industry [5][6].