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Shanghai Electric Provides Core Equipment for World's Largest Compressed Air Energy Storage Station Now Fully Operational in Jiangsu, China [Yahoo! Finance]

SHANGHAI ELEC GP UNSP/ADR (SIELY) 
Company Research Source: Yahoo! Finance
Jiangsu Province, which is the world's largest CAES station, has recently been fully commissioned. Shanghai Electric (SEHK:2727, SSE:601727) supplied core equipment for the Project, including air turbine units, generators, electric motors, and molten salt storage tanks. World's Largest CAES Station in Jiangsu with Shanghai Electric Equipment (PRNewsfoto/Shanghai Electric) The Unit 2 has successfully achieved grid connection and full-load power generation at the first attempt, providing valuable engineering practice in support of China's new-type power system development. The Project consists of two 300 MW non-supplementary combustion CAES units, totaling 600 MW of installed capacity and 2,400 MWh of storage, with approximately 71% conversion efficiency. Air is compressed and stored in salt caverns during low-demand periods, then released to drive turbines for power generation at peak times, supporting grid stability through peak shaving and frequency regulation. Utilizing abou Show less Read more
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