[Approval for pumped storage capacity exceeded 43 million in 2022]By November 15, 2022, a total of 43 pumped storage power station projects have been approved during the 14th Five-Year Plan period, with a total installed capacity of 570.98 million kW and a total investment of about 381.3 billion yuan. Among them, 32 power stations have been approved since 2022, with a total installed capacity of 432.98 million kW and an investment of about 291.3 billion yuan. Editor/Xu Shengpeng
As of 24:00 on August 23, 2026, the four major direct current projects of Yindong, Lugu, Zhaoyi, and Qingdong have cumulatively transmitted over 1 trillion kilowatt hours of electricity to Shandong, reaching 1002.29 billion kilowatt hours. At present, the four major direct current systems have been connected to the northwest and northeast power grids, and by 2025, the direct current power consumption will account for 20% of the total electricity consumption in Shandong Province. State Grid Shandong Electric Power has maintained stable operation through lean operation and inspection, cross regional joint defense, and technological breakthroughs, and the proportion of green electricity entering Shandong continues to rise, providing strong support for the optimization of Shandong's energy structure. Editor/Cheng Liting
Abu Dhabi National Oil Company is advancing the construction of a new crude oil pipeline network, connecting Zirku and Das offshore crude oil processing islands with the Jebel Dhanna export terminal, with a total length of approximately 300 kilometers. The FEED contract for the project has been awarded to NT Energies and will be completed within 7 months using a fast track approach, with Worley providing project management consulting. The network will be connected to the East West crude oil pipeline that will be put into operation in 2027, expanding export routes beyond the Strait of Hormuz. Editor/Cheng Liting