China Market

The first energy storage project of Zhongyuan Oilfield commenced construction

Resource from: cbia 04 Aug,2025

Construction recently commenced on the Zhongyuan Oilfield's first energy storage project, marking a key step forward in the field of energy storage and further solidifying the foundation for building a more stable, efficient, and clean new energy system.


Zhongyuan Oilfield's first energy storage project begins construction.png

 

The project, located at the Zhongyuan Oilfield's Huangzhuang substation, features a self-built lithium iron phosphate electrochemical grid-type energy storage system. Upon completion, it will enable flexible storage and precise release of electricity, helping to increase the proportion of green electricity consumed in the oilfield region. It will also implement grid peak shaving and peak-valley price arbitrage measures to reduce production costs and enhance the stability and reliability of energy supply.

 

In recent years, Zhongyuan Oilfield, centered on its "dual carbon" goals, has implemented a dual-drive development strategy of "fossil energy + green energy," actively promoting the development of its new energy business, continuously increasing the proportion of non-fossil energy consumption, comprehensively developing photovoltaic and wind power generation, and continuously expanding its new energy business.

 

 


(cbia)
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