[The new construction project of Shanghai North South Passage has officially started] On January 2, 2026, the key project of the high-speed road network in the central urban area of Shanghai, the construction of the North South Passage, officially began. The project, with a total length of 14.55 kilometers, will fill the gap in north-south rapid transportation in the central urban area and become the finishing touch to improve the layout of Shanghai's "cross shaped" backbone road network. The core significance of engineering lies in systematically improving the level of urban transportation: on the one hand, it will effectively enhance the reliability and resilience of the expressway network, balance north-south traffic flow, and alleviate congestion pressure; On the other hand, it will significantly strengthen the radiation and driving effect of core functional areas such as Lujiazui, the North Bund, and the World Expo area, providing strong transportation support for the development of the areas along the route. The construction of this channel marks an important step for Shanghai in optimizing the spatial structure and comprehensive transportation system of a mega city. Editor/Cheng Liting

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• 2026.01.05 10:41
• [Hubei establishes an independent energy storage capacity compensation mechanism]
• On January 4, 2026, the Development and Reform Commission and Energy Bureau of Hubei Province issued a notice clarifying the establishment of a new energy storage pricing mechanism from February 1, 2026. Establish a capacity compensation mechanism for independent energy storage projects on the grid side, with a standard of 165 yuan per kilowatt per year, and the compensation cost is shared by industrial and commercial users. Projects eligible for capacity compensation must be included in the regularly published list and are not allowed to lease capacity. This mechanism is tentatively scheduled to be implemented for one year to promote the healthy development of the new energy storage industry.Editor/Yang Meiling

• 2026.01.05 10:41
• [Inner Mongolia launches preliminary selection of energy storage projects for 2026]
• On January 4th, Wengniute Banner in Chifeng, Inner Mongolia released the preliminary registration announcement for the 2026 Autonomous Region Independent New Energy Storage List project. The planned construction scale of the project is 300000 kilowatts/1.2 million kilowatt hours, and it is recommended to connect to the Zicheng 500 kV substation. The promotion of this independent energy storage power station will assist in the construction of regional energy storage infrastructure and the optimization of energy structure.Editor/Yang Meiling