Energy storage

31 Chinese energy actors team up to promote eight major technologies for a new power system

Led by China State Grid Corporation (SGCC), 31 major Chinese energy actors have joined the ‘new power system technology innovation alliance’. These include energy groups such China Three Gorges, SPIC, Goldwind, or BYD, and universities such as Tsinghua or Shanghai Jiaotong University. The main aim of this alliance will be to promote eight major power …

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Hebei to build more than 4GW of new energy storage by 2025

The Hebei Development and Reform Commission issued the “14th Five-Year Plan for the Development of New Energy Storage in Hebei Province”. The document proposes that by 2025, the province will build 4 GW of new energy storage, and realize the comprehensive market development of the technologies by 2030. This will be achieved via the strategy …

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Renewable energy projects shall be allocated to new pumped storage power stations

In 2021, the Hubei Provincial Energy Bureau has arranged 10 wind-solar-thermal complementary power bases, each with a construction scale of 400 MW. This year, the construction scale of new energy projects newly added to each base is 300 MW. In order to promote the construction of pumped storage capacity, renewable energy projects shall be allocated …

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policy document

China releases its 14th FYP for new energy storage

China’s National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) jointly issued the 14th FYP for New Energy Storage. The plan aims for new energy storage (any energy storage technology excluding pumped hydro storage and dominated by electrochemical energy storage) to enter a large-scale development stage by 2025. It expects the performance …

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