[capacity electricity prices of 48 pumped storage power stations approved by the National Development and Reform Commission and intended to be put into operation before the end of 2025] Financial Associated Press, May 15, notice on the capacity electricity price of pumped storage power stations of the National Development and Reform Commission and related matters. I. in accordance with the relevant regulations, the capacity electricity prices of 48 pumped storage power stations to be put into operation before the end of 2025 shall be approved. 2. Power grid enterprises should ensure power supply, ensure power grid security, promote the consumption of new energy, reasonably arrange the operation of pumped storage power stations, sign an annual dispatching operation agreement with power stations and publicize it to the public, and carry out dispatching fairly, openly and impartially. It is necessary to strictly implement the capacity electricity price of pumped storage power stations approved in this notice, settle electricity charges on a monthly basis, collect and reflect the settlement separately, and submit the implementation and availability of electricity prices for the previous year to our Commission (Price Division) and relevant provincial price departments before the end of May each year. Third, the development and reform commissions of various localities should strengthen the supervision over the implementation of the capacity electricity price of pumped storage power stations, and promptly report any problems to our committee (price department). This circular shall enter into force as of June 1, 2023.