According to Hubei Daily, the Hubei Provincial Energy Administration recently announced that Hubei will implement a major energy security construction project package with a total investment of about 200 billion yuan, and a batch of new energy projects are about to be launched. These major energy security construction projects include the power transmission network upgrading project, the power supply guarantee capacity construction project, the energy storage, distribution and innovation demonstration project, and the oil and gas pipeline network infrastructure construction project. Investment of about 40 billion yuan will be completed this year.