New energy storage registration management

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New energy storage registration management

Power trading institutions are responsible for the registration and management of new energy storage entities, operation and maintenance of trading platforms, and disclosure and release of market registration related information as required; Power grid companies are responsible for the information management of the new energy storage subject, such as the number of electricity customers and the number of power generation customers; The power dispatching authority shall disclose and provide information as required; And new energy storage entities should meet the relevant conditions for market access and market-oriented trading conditions , etc.

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6 FAQs about [New energy storage registration management]

When will new energy storage development be introduced?

The commission said earlier it will introduce a plan for new energy storage development for 2021-25 and beyond, while local energy authorities should also make plans for the scale and project layout of new energy storage systems in their regions.

What is the 'guidance on accelerating the development of new energy storage?

Since April 21, 2021, the National Development and Reform Commission and the National Energy Administration have issued the ‘Guidance on Accelerating the Development of New Energy Storage (Draft for Solicitation of Comments)’ (referred to as the ‘Guidance’), which has given rise to the energy storage industry and even the energy industry.

What is new energy storage?

New energy storage refers to electricity storage processes that use electrochemical, compressed air, flywheel and supercapacitor systems but not pumped hydro, which uses water stored behind dams to generate electricity when needed.

Will China achieve full market-oriented development of new energy storage by 2030?

The country has vowed to realize the full market-oriented development of new energy storage by 2030, as part of efforts to boost renewable power consumption while ensuring stable operation of the electric grid system, a statement released by the National Development and Reform Commission and the National Energy Administration said.

Where are new energy storage facilities being built?

According to the administration, the northern and northwestern parts of the country have seen the fastest development of new-type energy storage facilities, accounting for over 50 percent of the newly operational energy storage installations nationwide.

How will China promote the new-type energy storage manufacturing sector?

BEIJING, Feb. 17 -- Chinese authorities unveiled several measures on Monday to promote the new-type energy storage manufacturing sector, as part of efforts to accelerate the development of emerging industries and the country's modern industrial system.