Shanghai Electric, a global energy conglomerate, has recently released a comprehensive dual carbon action plan outlining its commitment to combat climate change. The plan includes a series of strategic steps aimed at achieving a remarkable 70% reduction in carbon dioxide emissions per unit of GDP by 2030, compared to 2020 levels. Furthermore, Shanghai Electric is dedicated to achieving full value chain carbon neutrality by 2055, showcasing its unwavering dedication to a sustainable energy future.
One of the notable milestones highlighted in the action plan is the successful connection and commercial operation of the fifth unit of the Changlongshan Pumped Storage Power Station, situated in Anji County, Zhejiang Province. Distinguished as the world's first of its kind, this power station boasts a remarkable rated water head of 710 meters and a reversible unit output exceeding 300MW. Its integration into the grid signifies a significant leap forward in utilizing pumped storage technology for clean energy generation.
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Shanghai Electric has also made substantial progress in the wind power sector, completing one of the largest commercial single-unit capacity wind power projects to date. This noteworthy achievement underscores the company's commitment to expanding renewable energy sources and reducing reliance on fossil fuels.
With an unwavering focus on continuous power generation, Shanghai Electric asserts its capability to achieve round-the-clock electricity production solely through concentrated solar power (CSP) and photovoltaic (PV) installations. This groundbreaking advancement showcases the company's dedication to leveraging innovative technologies and sustainable practices.
Furthermore, Shanghai Electric has successfully demonstrated the wide-ranging applications of lithium-ion batteries across multiple scenarios, including grid-side, user-side, and power generation-side applications. The company's pioneering efforts have led to the development of a shared energy storage model on the grid side, contributing to enhanced stability and efficiency within the power grid infrastructure.
As part of its commitment to global sustainability, Shanghai Electric has expanded its reach internationally, exporting its cutting-edge solutions to Europe, Japan, Australia, and other regions. The company's liquid flow energy storage systems, encompassing stack, electrolyte, and system modules with modular design, manufacturing, and engineering capabilities, have garnered significant recognition for their reliability and efficiency.
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Highlighting its comprehensive involvement in the field of hydrogen energy, Shanghai Electric covers the entire value chain, including hydrogen production, storage, refueling stations, as well as the design and production of gas turbines for hydrogen blending. This multifaceted approach positions Shanghai Electric as a key player in advancing the utilization of hydrogen as a clean energy source, further contributing to global decarbonization efforts.
In light of the company's ambitious dual carbon action plan, Shanghai Electric's commitment to sustainable development and clean energy innovation is commendable. By setting clear targets and showcasing groundbreaking clean energy solutions, the company paves the way for a greener future, inspiring other industry leaders and stakeholders to follow suit in the fight against climate change.
