Recently, the world's first 300 MW compressed air energy storage (CAES) station in Yingcheng, Hubei Province was connected to the grid for power generation for the first time, creating three world records in single unit capacity, energy storage scale, and conversion efficiency. The Project is supervised by a subsidiary of GEDI, Guangdong Tianan Project Management Project Management Co., Ltd.
This project is a national pilot demonstration project for new energy storage jointly invested by CEEC China Energy Digital Technology Group Co., Ltd. and State Grid Hubei Integrated Energy Services Co., Ltd. Utilizing abandoned salt mines as air storage caverns, the project is estimated to generate 500 million kWh of power a year, which can meet the annual electricity consumption of more than 400,000 ordinary households. Not only can it effectively improve the peak load regulation capacity of the regional power grid and promote the grid to consume more new energy sources such as wind power and solar power, but it will also provide an important driving force for industrial upgrading and economic development in the central region. Meanwhile, as the world's first 300 MW compressed air energy storage power station, the construction of this project also provides a positive demonstration for the commercial application of large-scale new energy storage technology, marking that China's high-power compressed air energy storage technology has reached the world's leading level.