Pioneer intelligence is mainly involved in energy storage business

What business models are used in energy storage technology?

According to this review, the two-part tariff model, the negotiated lease model and the energy performance contracting model are traditional business models that have been practiced for a long time. The application of these business models to energy storage technology has achieved good results.

What are the emerging energy storage business models?

The independent energy storage model under the spot power market and the shared energy storage model are emerging energy storage business models. They emphasized the independent status of energy storage. The energy storage has truly been upgraded from an auxiliary industry to the main industry.

What are the application scenarios of energy storage in China?

It also introduces the application scenarios of energy storage on the power generation side, transmission and distribution side, user side and microgrid of the power system in detail. Section 3 introduces six business models of energy storage in China and analyzes their practical applications.

What is the role of energy storage in power generation?

The role of energy storage in the power generation side is mainly to improve economic and social benefits. It can compensate for the cost of building energy storage by reducing losses, reducing costs, and increasing revenue.

Does independent energy storage have a preferential power generation incentive system?

In addition, independent energy storage also has a preferential power generation incentive system. In December 2021, the Haiyang 101 MW/202MWh energy storage power station project putted into operation, and energy storage participated in the market model of peak regulation application ancillary services.

How energy storage equipment can be used as a backup power supply?

The energy storage equipment in the substation can be used as a backup power supply to directly supply power to the DC load . The secondary frequency regulation is mainly controlled by automatic power generation. The response time when the thermal power unit provides secondary frequency modulation generally takes 1– 2 min.