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World''s largest compressed-air storage plant switched on in China
New 2.4 GWh adiabatic compressed air energy storage (CAES) plant now operational in in Jiangsu province. The large-scale CAES uses molten salt and pressurized thermal water storage
Global Risks Report 2023 | World Economic Forum
The World Economic Forum''s Global Risks Report 2023 explores some of the most severe risks we may face over the next decade that include energy supply and food crisis, rising
300 MW compressed air energy storage station in C China fully
A compressed air energy storage (CAES) power station in Yingcheng City, central China''s Hubei Province, was successfully connected to the grid at full capacity on Thursday, marking
China operationalizes world''s largest compressed air energy storage
The facility represents a significant leap in long-duration storage technology, utilizing massive underground salt caverns to store energy in the form of compressed air. The plant consists
World''s largest compressed air energy storage project opens
The world''s first non-supplementary fired compressed air energy storage power station is now sending electricity to the grid in China.
World''s Largest Compressed Air Energy Storage Power Station
China has brought the world''s largest compressed air energy storage (CAES) power station into commercial operation, marking a major milestone in large-scale, long-duration energy
How supply chains need to adapt to a shifting global landscape
Global supply chains face rising geopolitical fragmentation and economic divergence, driving four plausible outlooks, from multilateral cooperation to full degradation.
EVs to reach 25% of global car sales this year and other climate
Other top nature and climate news to know: Wildfire pollution reaches homes of one billion every year; Europe unblocked over 500 dams in 2024.
China Launches World''s Largest Compressed Air Energy Storage
A groundbreaking compressed air energy storage (CAES) power station, the largest of its kind globally, has commenced full commercial operations in Yingcheng City, Hubei Province, central
In charts: 7 global shifts defining 2025 so far | World Economic
2025 has been marked by significant global shifts, including increased geopolitical instability, the accelerating impact of AI and a changing labour market.
World''s Largest Compressed Air Energy Storage Power Station
The power station, with a 300MW system, is claimed to be the largest compressed air energy storage power station in the world, with highest efficiency and lowest unit cost as well.
Here''s how to strengthen the global financial system
A well-integrated global financial system is a critical driver of economic growth. Rising geopolitical tensions between countries are increasing the fragmentation of the global financial
World''s largest compressed air energy storage facility
A 300 MW compressed air energy storage (CAES) power station utilizing two underground salt caverns in central China''s Hubei Province was successfully connected to the grid at
ASEAN is turning global tensions into regional opportunities
In a time of fragmentation, ASEAN stands out as a rare economic bright spot because it''s leveraging global uncertainty into a strategic advantage.
Uncertainty is impacting the global economy. How is it measured
Uncertainty has become a defining characteristic of the global economy. But how exactly is a concept like uncertainty measured in economic data and analyses?
World''s first 300 MW compressed air energy storage plant
The world''s first 300-megawatt compressed air energy storage (CAES) demonstration project, "Nengchu-1," has achieved full capacity grid connection and begun generating power in
The global economy enters a new era | World Economic Forum
The global economic system under which most countries have operated for the last 80 years is being reset, ushering the world into a new era. Existing rules are challenged while new ones
Global Risks Report 2025 | World Economic Forum
The Global Risks Report 2025 analyses global risks to support decision-makers in balancing current crises and longer-term priorities.
2024 Global Retail Investor Outlook | World Economic Forum
Retail investing has undergone a seismic shift. Global market activity, once dominated by institutional players now includes a rapidly growing share of individual investors. However, many
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