14th five-year energy storage field

Will pumped storage projects be accelerated during the 14th five-year plan?

On April 2, 2022, the National Development and Reform Commission and the Energy Administration jointly issued a notice to accelerate the development and construction of pumped storage projects during the 14th Five-Year Plan period.

What is China's new energy storage development plan?

On March 21, the National Development and Reform Commission (NDRC) and the National Energy Administration of China issued the New Energy Storage Development Plan During China’s "14th Five-Year Plan" Period. The plan specified development goals for new energy storage in China, by 2025, new

What pumped storage power stations ushered in a new peak?

During the “Twelfth Five-Year Plan” and “Thirteenth Five-Year Plan” periods, to adapt to the rapid development of new energy and UHV power grids, pumped storage power stations such as Fengning in Hebei Province and Jixi in Anhui Province ushered in a new peak.

How will new energy storage technologies develop by 2030?

By 2030, new energy storage technologies will develop in a market-oriented way. Newer Post NDRC and the National Energy Administration of China Issued the Medium and Long Term Development Plan for Hydrogen Industry (2021-2035)

Will China reach 30gw of energy storage by 2025?

The deployment of “new type” energy storage capacity almost quadrupled in 2023 in China, increasing to 31.4GW, up from just 8.7GW in 2022, according to data from the National Energy Administration (NEA). This means that China surpassed its target of reaching 30GW of the “new type” energy storage by 2025 two years earlier than planned.

How big will pumped storage be by 2025?

In September 2021, the National Energy Administration issued the Medium and Long Term Development Plan for Pumped Storage (2021–2035), proposing that by 2025, the total scale of pumped storage will double from that of the 13th Five-Year Plan, reaching more than 62 gigawatts.