Flywheel energy storage 14th five-year plan

What is the 14th five-year plan?

Taking energy storage sector as an example, during the "14th Five-Year Plan" period, the company will promote the construction of pumped storage hydropower stations orderly and explore to promote the construction and operation of new energy storage technologies.

What is a flywheel energy storage system?

As a physical energy storage device, a flywheel energy storage system (FESS) has a quick response speed, high working efficiency, and long service life. The FESS provides a high energy density and environmental friendliness that is unattainable by traditional battery energy storage systems.

What is the implementation plan for the development of new energy storage?

In January 2022, the National Development and Reform Commission and the National Energy Administration jointly issued the Implementation Plan for the Development of New Energy Storage during the 14th Five-Year Plan Period, emphasizing the fundamental role of new energy storage technologies in a new power system.

Can a flywheel energy storage unit control frequency regulation?

To enhance the frequency regulation capability of the FESS, some frequency regulation control strategies for wind-power systems with a flywheel energy storage unit have been proposed ( Peralta et al., 2018, Jia et al., 2022, Yulong et al., 2022, Yao et al., 2017 ).

Why is the 14th five year plan for energy storage important?

However, the upcoming 14th Five Year Plan for Energy Storage shall address some critical matter. The country is eyeing on a massive renewable expansion in the coming decades, driven by the ambition to hit carbon neutrality by 2060. The nascent energy storage infrastructure becomes an obvious weak link.

Should the 14th five year plan provide a better policy framework?

The upcoming 14th Five Year Plan should consider providing a better policy infrastructure for the nascent energy storage market–especially, a policy framework that would provide a solid commercial case for storage developers. [Energy Iceberg’s 14th Five Year Plan series: on Coal, on Renewable targets. ]