Construction of new energy storage facilities

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.

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.

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.

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.

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.

How many new energy storage projects are there?

According to NEA's Bian, the government has released a list of 56 new-type energy storage pilot demonstration projects since the beginning of this year, including 17 lithium-ion battery projects and 11 compressed air energy storage projects, among others.