[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
On June 22, 2026, the 800MW liquid flow energy storage project in Laufenburg, Switzerland was launched, integrating computing power and heating to build a zero carbon hub and help stabilize the European power grid.Editor/Gao Xue
On June 22, 2026, BP launched its first commercial natural gas production at the ACG gas field in the Caspian Sea. The recoverable reserves of this gas field are about 4 trillion cubic feet, which will help Azerbaijan expand its energy supply to Europe.Editor/Gao Xue