Research report on china s energy storage industry development released

How is energy storage developing in China?

However, China's energy storage is developing rapidly. The government requires that some new units must be equipped with energy storage systems. The concept of shared energy storage has been applied in China, which effectively promotes the development of energy storage. 4.3. Explore new models of energy storage development

How has the pumped storage energy industry developed in 2022?

The Development Report of the Pumped Storage Industry 2022 pointed out that the pumped storage energy industry has entered a new development stage, serving a more diverse range of objects, and that the development of new formats has become more innovative.

How much energy storage will China have in 2023?

The development of new energy storage is accelerating. According to the research report released at the "Energy Storage Industry 2023 Review and 2024 Outlook" conference, the scale of new grid-connected energy storage projects in China will reach 22.8GW/49.1GWh in 2023, nearly three times the new installed capacity of 7.8GW/16.3GWh in 2022.

Does China support energy storage technology research and development?

It is entirely consistent with the fact that the Chinese government and enterprises have increased their support for energy storage technology research and development during China's 12th Five-Year Plan and 13th Five-Year Plan period. 2.2.

What is China's Energy Development Strategy?

“The Energy Development Strategic Action Plan (2014∼2020)”, “Made in China 2025”, “Guiding Opinions on Smart Grid Development” and other documents have made plans for China's energy development, they emphasize that the development of energy storage and its application scenarios have become the key goal of system reform .

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.