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China s new energy storage policy document

In July 2021, the National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) jointly published the “Guidance on Accelerating the Development of New-Type Energy Storage,” which aims for the installation of 30 GW of new-type energy storage capacity and the t
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China s new energy storage policy document

About China s new energy storage policy document

In July 2021, the National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) jointly published the “Guidance on Accelerating the Development of New-Type Energy Storage,” which aims for the installation of 30 GW of new-type energy storage capacity and the transition from early commercialization to large-scale development by 2025.

As the photovoltaic (PV) industry continues to evolve, advancements in China s new energy storage policy document have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.

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6 FAQs about [China s new energy storage policy document]

What are China's Energy Storage plans?

On 15 July, national plans for energy storage were set out by the Chinese National Development and Reform Commission and National Energy Administration. The main goals of new energy storage development include: Full market development by 2030. 1) Strengthening planning guidance to encourage the diversification of energy storage;

What are the Development Goals for new energy storage in China?

The plan specified development goals for new energy storage in China, by 2025, new energy storage technologies will step into a large-scale development period and meet the conditions for large-scale commercial applications.

How has China developed the energy storage industry?

The Chinese government has promulgated many policies to promote the development of energy storage. The energy storage industry had ushered in a period of development with the release of the 13th Five Year Plan (National Development and Reform Commission, 2016; China Energy Storage Alliance, 2021).

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 a complex energy storage policy system has developed in China?

The development of energy storage industry requires promotion of the government in the aspect of technology, subsidies, safety and so on, thereby a complex energy storage policy system has developed. A lack of systematic research specifically regarding energy storage policies in China still prevails.

How to improve China's energy storage policy?

1) Improve the policy system. China’s energy storage policy needs more centralized and unified rules like corporate financing policies, taxation policies, subsidies, price policies, and evaluation policies for energy storage demonstration projects.

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