Loading...
Market
Which country will complete a pumped-hydro facility exceeding 3GW by end of 2025?
2
Resolution / Starting Odds
USA • 25%
India • 25%
Australia • 25%
Other • 25%
Official announcements from respective governments or credible energy news sources
Story
China's $19B, 3.6GW Pumped-Hydro Facility Completed
Aug 13, 2024, 08:30 AM
China has completed the world's largest pumped-hydro energy storage facility, located in Hebei province. The $19 billion plant boasts a capacity of 3.6 gigawatts and was a flagship project designed to supply power to the 2022 Beijing Winter Olympics. This facility is part of China's broader strategy to expand its pumped hydro capacity from the current 55 gigawatts to 120 gigawatts by 2030. The plant is notable for being the first in China to adopt AC-excited variable-speed technology, and it can generate 6.6 billion kWh of power annually.
View original story
Similar markets
European Union • 34%
China • 25%
United States • 25%
India • 25%
Other • 25%
China • 25%
United States • 25%
India • 25%
Russia • 25%
China • 25%
United States • 25%
India • 25%
Other • 25%
United States • 25%
China • 25%
France • 25%
Other • 25%
Australia • 25%
China • 25%
United States • 25%
Other • 25%
California • 25%
Texas • 25%
New York • 25%
Other • 25%
India • 25%
Pakistan • 25%
Russia • 25%
Other • 25%
Yes • 50%
No • 50%
Below 15 MW • 25%
15 MW to 19.9 MW • 25%
20 MW to 24.9 MW • 25%
25 MW and above • 25%
Solar • 25%
Wind • 25%
Hydro • 25%
Other • 25%