Against the background of steady growth, the investment in major projects has become the focus of the market. Recently, the Shandong Provincial People's Government issued the "2023 Key Work Tasks for the Construction of a Green, Low-Carbon and High-quality Development Pilot Zone in Shandong Province". Among them, in terms of energy storage, it is proposed to accelerate the improvement of power system regulation capabilities. Complete the Wendeng pumped storage power station, speed up the construction of Weifang and Tai'an phase II pumped storage power stations, approve the Zaozhuang Zhuangli pumped storage power station, deepen the preliminary work of Laiwu Shipyard, Wulian Street and other projects; complete the second phase of the Three Gorges Qingyun, Guohua Qihe and other new energy storage projects, promote the construction of Taian compressed air energy storage and other projects, and fully implement the three-year action plan for the development of new energy storage. By the end of the year, about 4 million kilowatts of pumped storage will be built in the province, and the scale of new energy storage will reach more than 2 million kilowatts.

Cultivate and expand the new energy automobile industry. Focusing on new energy vehicles and intelligent networked vehicles, accelerate the research and development of key technologies such as high-safety power batteries, high-efficiency drive motors, high-performance power systems, hydrogen fuel cell systems, automatic driving, and virtual simulation, and promote the construction of new energy commercial vehicles in Jinan Together with Qingdao New Energy Passenger Vehicle Base, we will jointly develop industrial clusters in Yantai, Rizhao, Zibo, Dezhou and Liaocheng. The proportion of pure electric vehicles in newly sold vehicles has further increased, and the share of pure electric vehicles in the public sector has continued to increase. Editor/Xu Shengpeng