Power News Updates
The North Star Power Network provides you with the latest information related to the power industry, helping you quickly understand the latest developments in the sector. For more information about power-related topics, please follow the North Star Power Network.
Recent Highlights
- Zhejiang Jinyun Pumped Storage Power Station: All stators have been successfully installed as of April 28. The station, a key project in Zhejiang Province, has a total installed capacity of 1.8 million kilowatts.
- Huaren Xiantao Power Plant Expansion: Recently, Huaren Group announced 10 tenders related to the second phase of the Xiantao Power Plant expansion, including bids for medium-voltage switchgear and protective equipment.
- Time-of-Use Electricity Pricing in Jiangsu: A review of documents highlights the evolution of time-of-use pricing in Jiangsu, focusing on user ranges and dynamic adjustment mechanisms.
- Launch of AI Model: In March, the State Grid Hangzhou Power Supply Company launched the “Guangqing” intelligent model based on their advanced power model to enhance the construction of new power systems.
- Integration into National Power Market: The Southern Power Grid leadership group held its second meeting for 2025, emphasizing the importance of building a unified national power market.
- Emergency Drills: The Southern Power Grid organized emergency drills on April 29-30 to ensure the smooth operation of the power spot market in southern regions.
- Zero-Carbon Initiatives: Southern Power Grid announced typical cases of near-zero carbon demonstration areas, including green electricity trading for large clients.
- Interprovincial Power Sharing: For the first time, Guizhou, Hunan, and Chongqing achieved flexible power sharing through new connections to enhance supply security.
- Guizhou’s Peak Load: On May 1, the highest load reached 20.37 million kilowatts, reflecting the robust growth of the local tourism economy.
- New Power Projects: Guizhou’s Energy Bureau announced public funding applications for ten coal-fired power projects as part of the 2025 new power system construction.
- Energy Storage Projects: The full-capacity grid connection of the Yicheng flywheel energy storage project, built by China Energy Construction Gezhouba Power Company, was recently completed.
- Power Market Reforms: Experts from China Huaneng and China Huadian discussed the basic rules for the electricity ancillary services market, which plays a vital role in national energy security.
- Battery Storage Bids: The bid results for a 20MW/160MWh storage project in Inner Mongolia were announced, with prices set at 0.5172-0.5173 yuan/Wh.
- Virtual Power Plant Response: Chongqing has set a baseline subsidy price for demand response at 25 yuan/kilowatt/time, as part of its electricity demand response implementation plan for 2025.
Additional Information
For more updates on the power industry, please visit the North Star Power Network and explore various topics including renewable energy, electric power trading, and advancements in energy technology.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/latest-developments-in-chinas-power-industry-key-projects-and-innovations/
