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Power storage – an important component of the energy transition

Pumped-storage hydroelectricity sometimes involves major impacts on nature. This picture shows the construction site of the pumped storage power plant near the city of Fukang.

Last fall, China experienced a dramatic demonstration of just how delicate the issue of power security can be: Due to bottlenecks, numerous provinces were forced to ration power. Not only did the lights go out in private households, but factories also came to a standstill. This came as a shock to China’s political elites, and foreign investors also viewed the situation with concern.

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