China s supercapacitor energy storage technology

Should China invest in supercapacitors?

The Chinese government should provide long-term investment and support to promote it. The application of supercapacitors in the energy storage system is still in the stage of development. Some applications, especially for electric power systems, still have great potential to achieve large-scale development in the future.

What is the consumption of supercapacitor in China?

The consumption of supercapacitors in transportation and industry accounts for 38.2% and 30.8%, respectively, that of new energy accounted for 21.8%, and that of equipment and other applications accounts for 9.2%. Figure 5. (a) Application field of supercapacitor. (b) Market segment capacity of supercapacitor from 2018 to 2020 in China.

Why are supercapacitors important in China?

They are widely used to improve the reliability and quality of power distribution of the smart grids, which can provide short-term power protection for the impact load of the power system. The paper elaborately summarizes the development status and policies of supercapacitors in China.

Are China's incentives for supercapacitors a good idea?

In terms of policy support, China’s incentive measures for supercapacitors are in their infancy, whether it is national key R&D projects or funding from local government. Measures should be taken to ensure the effective development of the energy storage industry, especially to the whole industrial chain of supercapacitors.

How has China's supercapacitor market changed over the years?

With the adjustment of China’s energy structure and the increasing demand for electrochemical storage power stations, the Chinese supercapacitors market has proliferated in the 13th five-year period. From 2015 to 2020, China’s supercapacitor market increased from CNY 6.65 billion to CNY 15.49 billon, with a compound annual growth rate of 18.4%.

What are supercapacitors used for?

New energy contributes the smallest proportion, but supercapacitors can be used in many aspects of new energy, such as wind power, receiving converters, solar energy, solar light, etc. In the future, with the reform of China’s energy framework, supercapacitors will be in an irreplaceable position for new energy. Figure 9.