New Energy Quota System Energy Storage

4 FAQs about [New Energy Quota System Energy Storage]

Will China develop new energy storage systems between 2025 and 2027?

BEIJING, Sept. 12 -- China on Friday unveiled an action plan to promote the development of new forms of energy storage between 2025 and 2027, amid efforts to support green energy transition and ensure the stability of new-type power systems.

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.

How many electrochemical storage stations are there in 2022?

In 2022, 194 electrochemical storage stations were put into operation, with a total stored energy of 7.9GWh. These accounted for 60.2% of the total energy stored by stations in operation, a year-on-year increase of 176% (Figure 4).

Why is China moving to a new type of energy storage?

The move is part of China''s broader push toward a green, low-carbon energy transition as well as high-quality economic and social development. It builds on significant growth in the sector. As of the end of 2024, the country''s installed capacity of new-type energy storage had reached 73.76 million kilowatts, according to official data.

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