China Nears Completion of World’s Largest Pumped Hydro Storage Megaproject

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Why This Matters

China is nearing completion of the world's largest pumped hydro energy storage facility, a megaproject that will advance the long-duration energy storage sector and bring China closer to its goal of becoming a leading electrostate.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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The world’s largest pumped hydro energy storage facility is nearing completion in China. The megaproject will bring China one step closer to its goal of being the world’s first and preeminent electrostate, and will advance the nascent but rapidly growing long-duration energy storage sector. The storage project being built at the Lianghekou Dam in Western Sichuan plateau will have four units of 300 megawatts (MW) each when completed, making it the largest facility of its kind. The project will house a conventional hydropower plant in…

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Original article published by OilPrice.com on March 1, 2026.
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