Energy storage enterprises handle formalities with the development and reform commission

What is the 'guidance on accelerating the development of new energy storage?

Since April 21, 2021, the National Development and Reform Commission and the National Energy Administration have issued the ‘Guidance on Accelerating the Development of New Energy Storage (Draft for Solicitation of Comments)’ (referred to as the ‘Guidance’), which has given rise to the energy storage industry and even the energy industry.

What are China's Energy Storage plans?

Tell us and we will take a look. On 15 July, national plans for energy storage were set out by the Chinese National Development and Reform Commission and National Energy Administration. The main goals of new energy storage development include: Full market development by 2030. The guidance covers four aspects:

What is the 'guidance' for the energy storage industry?

Based on the above analysis, as the first comprehensive policy document for the energy storage industry during the ‘14th Five-Year Plan’ period, the ‘Guidance’ provided reassurance for the development of the industry.

Why did the energy industry release the 'guidance'?

The industry has given a high degree of recognition to the release of the Guidance and positive feedback. On July 23, the National Development and Reform Commission and the National Energy Administration formally issued the "Guidance" after fully soliciting suggestions from all walks of life.

Will energy storage industrialization be a part of the 14th five-year plan?

While looking back on 2020, we also looking forward to the development of energy storage industrialization during the 14th Five-year Plan, as policy and market mechanisms become the key to promote the full commercialization and large-scale application of energy storage.

Will China's energy storage capacity exceed 30 GW by 2025?

According to the Guiding Opinions on Accelerating the Development of New Energy Storage report jointly issued by the National Development and Reform Commission and the National Energy Administration, China's installed capacity for new energy storage will exceed 30 GW by 2025.