How far does energy storage commercialization go

Can energy storage be commercialized?

Energy storage has entered the preliminary commercialization stage from the demonstration project stage in China. Therefore, to realize the large-scale commercialization of energy storage, it is necessary to analyze the business model of energy storage.

When will energy storage enter the stage of large-scale commercialization?

It is expected that from 2021 to 2025, energy storage will enter the stage of large-scale development and have the conditions for large-scale commercialization . The context of the energy storage industry in China is shown in Fig. 1.

What is the target cost for the marketization of energy storage industry?

The target cost for the marketization of energy storage industry was about 200 dollars/kW h, equivalent to 1246 yuan/kW·h. However, at present, the cost of PbAB is about 1000 yuan/kW·h and the cost of NaS battery, LIB is about 4000 yuan/kW·h. High cost limits the commercialization of energy storage industry.

How to improve the commercialization of energy storage industry in China?

The above problems have constrained the commercialization of energy storage industry in China. Therefore, we should take relevant measures, including reducing costs by all means, perfecting technical standards, establishing advanced benefits assessment system, and improving relevant incentive policies. 4.1. Reduce costs by all means

Does energy storage need a commercialization need policy drive?

Prospects of energy storage is promising and the commercialization need policy drive. The World of Power Supply 7; 2015. p. 5. Sungrow Power Supply Co., Ltd.: energy storage industry needs the policy guidance urgently. Machinery & Electronics Business; 2015-6-22: A06.

Is China ready for a commercialization mode of energy storage?

China Energy News; 2015-9-28: 017. The price and subsidy scheme of micro grid will be issued and the energy storage industry would step in new era. Shanghai Securities News; 2015-6-4: F02. China is urgently to form the commercialization mode of energy storage.