China Southern Power Grid announced Thursday that it had invested 1.5 billion yuan in peak and frequency regulation source construction this year. The company planned to spend 2.5 billion yuan on peak and frequency regulation source construction this year.
According to the company, Meizhou Pumped Storage Power Station in Guangdong has been under construction since the end of September. The No.1 unit of Qingyuan Pumped Storage Power Station in Guangdong is expected to go into operation this month, and the application for the Guangdong Yangjiang Pumped Storage Power Station project has been submitted to Guangdong Provincial Development and Reform Commission for review and is expected to be approved for starting operation this month.
The capacity of pumped storage power station of China Southern Power Grid has reached 4.8 million kilowatts, and the capacity of pumped storage power station under construction is 4.2 million kilowatts up to now. Peak and frequency regulation units have been launched 122,200 times with a 99.6 percent mission success rate from January 1, 2007 to October 2015.
Latest comments