Core participation links in the energy storage industry chain

Why should energy storage system manufacturers cooperate with enterprises?

For energy storage system manufacturers, they should actively seek cooperation with enterprises in the chain to jointly promote industrial technology R&D and capacity enhancement and gain advantages in the fierce competition.

What is the value chain of China's energy storage industry?

Based on the economic characteristics of various basic activities and their value-added contributions to different degrees in the whole value chain, this paper divides the value chain of China's energy storage industry into upstream, midstream and downstream.

How can downstream energy storage system integration and application enterprises improve resource management?

And downstream energy storage system integration and application enterprises should coordinate the optimal configuration of R&D investment and scale expansion, so as to effectively improve the resource management capability of enterprises.

How does China promote battery storage?

To promote battery storage, China has implemented a number of policies, most notably the gradual rollout since 2017 of the “mandatory allocation of energy storage” policy (强制配储政策), which is also known as the “ new energy plus storage ” model (新能源+储能).

Why is energy storage important in China?

China has also proposed to accelerate the construction of a new power system with new energy as its main body. Due to the randomness, intermittency and volatility of renewable resources such as wind and photovoltaic power generation, energy storage has become an important part of building a modern energy system.

How has China impacted the energy sector?

In this Q&A, Carbon Brief explores how China has been driving the sector forwards and how it fits into the nation’s wider energy transition. China is currently the world’s largest market for energy storage, followed by the US and Europe, according to BloombergNEF.