Xin Baoan, Chairman and Secretary of the Party Leadership Group of the State Grid Corporation of China: At present, the installed capacity of new energy connected to the grid by the State Grid Corporation of China has exceeded 670 million kilowatts, and the utilization rate has remained above 97%. At present, the capacity and installed capacity of new energy connected to the grid are the first in the world. Therefore, it is very important to accelerate the development and consumption of new energy.

In 2023, we plan to start the construction of five more pumped storage power stations and put them into operation. At that time, the installed capacity of the pumped storage power stations operated by the State Grid Corporation of China will reach 38 million kilowatts, 1.6 times the total installed capacity of the Three Gorges.Editor/Ma Xue