National Energy Administration: To eliminate joint ventures between power grid companies and power generation companies to build pumped storage power stations

The National Energy Administration issued the "Notice on Further Completing the Construction of Pumped Storage Power Stations" and clearly adhered to the principle of "separation of plant and network". In accordance with the relevant provisions of the reform of the national power system reform and the pricing mechanism for electricity price marketization, in principle the power grid operating enterprises shall develop orderly and wholly invest in the construction of pumped storage power stations, and the construction and operating costs shall be incorporated into the power grid operating costs; and the power grid enterprises and power generation enterprises shall be eliminated. Or potential power generation companies) to jointly build a pumped-storage power station project; to strictly examine the power company's investment in the construction of a pumped-storage power station project.

The notice also made it clear that the construction of pumped-storage power stations should be integrated into the development plan of the entire power system. The principle of improving the safety and economy of the power system as a whole should be followed. The selection and construction planning of pumped-storage power stations should be done in an orderly manner. All previous work, to avoid the simple construction of supporting power projects, put an end to purely to promote local economic development projects, build pumped storage power stations.

The circular stipulates that newly planned and constructed pumped-storage power stations must be economical, and their effectiveness should be reflected in the economic improvement of the entire power system. Under the current sales price level, the construction of pumped-storage power stations should not increase the economic burden on power consumers or boost the price of electricity in the entire society. At the same time, we must continue to promote the independence of the unit equipment, and strive to improve the independent package design and manufacturing capabilities of the main and auxiliary equipment; gradually introduce the competition mechanism, put the boot equipment market. In addition, according to the characteristics of power grid operation and the requirements of power system safety, scientifically formulate scheduling rules, rationally dispatch and operate energy storage units, and give full play to the comprehensive benefits of pumped storage power stations in the power system.

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