Energy storage policy development history

How a complex energy storage policy system has developed in China?

The development of energy storage industry requires promotion of the government in the aspect of technology, subsidies, safety and so on, thereby a complex energy storage policy system has developed. A lack of systematic research specifically regarding energy storage policies in China still prevails.

What are energy storage policies?

These policies are mostly concentrated around battery storage system, which is considered to be the fastest growing energy storage technology due to its efficiency, flexibility and rapidly decreasing cost. ESS policies are primarily found in regions with highly developed economies, that have advanced knowledge and expertise in the sector.

What are the industrial policies for energy storage?

The industrial policies for energy storage are complex and diverse. The development of energy storage industry requires promotion of the government in the aspect of technology, subsidies, safety and so on, thereby a complex energy storage policy system has developed.

How can policy makers promote the development of energy storage?

With the development of energy storage, policy makers need to design policies more scientifically and take a systematic approach to promote the development of energy storage. There are few comprehensive studies of Chinese energy storage policies.

What is the evolution of energy storage industry?

The evolution of energy storage industry is divided into three stages: the foundation stage, the nurturing stage and the commercialization stage. The government has created conditions for energy storage to participate in peak shaving and market promotion. Under the guidance of policies, the energy storage industry has stepped into a new era.

How has China developed the energy storage industry?

The Chinese government has promulgated many policies to promote the development of energy storage. The energy storage industry had ushered in a period of development with the release of the 13th Five Year Plan (National Development and Reform Commission, 2016; China Energy Storage Alliance, 2021).