In terms of pricing mechanism: In 2023, the National Development and Reform Commission issued the "Notice on Capacity Electricity Pricing and Related Matters for Pumped Storage Power Stations" (NDRC Price [2023] No. 533), which determined the capacity electricity pricing for 48 pumped storage power stations in operation and planned to be put into operation before the end of 2025 in accordance with relevant regulations. The aim is to further deepen the reform of the power system, improve the pricing mechanism for pumped storage, and promote the healthy development of the pumped storage industry. The notice requires power grid enterprises to arrange the operation of pumped storage power stations reasonably, strictly implement the approved capacity electricity price, settle electricity fees in a timely manner on a monthly basis, and report the implementation of electricity prices in accordance with regulations.

　　In terms of planning and layout, the construction layout of pumped storage power stations is usually closely integrated with the country's energy strategy and power planning. In some regions, the construction location and scale of pumped storage power stations will be planned comprehensively based on local energy demand, power grid structure, and the development of renewable energy, in order to ensure the stable operation of the power system and the effective consumption of renewable energy. For example, in areas with abundant hydropower resources, pumped storage power stations may be built to optimize the regulation capacity of hydropower; Building pumped storage power stations in regions with large-scale development of new energy can help solve the intermittent and fluctuating problems of new energy.

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