Energy storage field planning for the next five years

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

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 the 14th five-year plan for modern energy system?

In January 2022, “the 14th Five-Year Plan for Modern Energy System” proposed accelerating the large-scale application of energy storage technologies. Optimize the layout of grid-side energy storage. Play the multiple roles of energy storage, such as absorbing new energy and enhancing grid stability.

How has energy storage changed over 20 years?

As can be seen from Fig. 1, energy storage has achieved a transformation from scientific research to large-scale application within 20 years. Energy storage has entered the golden period of rapid development. The development of energy storage in China is regional. North China has abundant wind power resources.

What will the “fourteenth five-year plan” mean for energy storage?

During the “Fourteenth Five-year Plan” period, as the installed capacity of renewable energy continues to increase, so too will peak shaving demands, providing new opportunities for energy storage to become a main method of regulation.

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.