Policy interpretation: Guidance comprehensively
In response to the current issues in the allocation of energy storage in various provinces, the document also further clarifies the coordinated development of energy storage and new energy, through competitive
Energy
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On May 26, 2022, the world''s first nonsupplemental combustion compressed air energy storage power plant (Figure 1), Jintan Salt-cavern Compressed Air Energy Storage National
China Releases First National-Level Policy Document Guiding
On October 11, 2017, China released its first national-level guiding-policy document covering energy storage. The document, "Guiding Opinions on Promoting Energy Storage Technology
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6 FAQs about [Energy storage project support policy documents]
What is the 'guidance' for the energy storage industry?
Based on the above analysis, as the first comprehensive policy document for the energy storage industry during the ‘14th Five-Year Plan’ period, the ‘Guidance’ provided reassurance for the development of the industry.
What is the energy storage Policy Forum?
The Energy Storage Policy Forum convenes a select audience of stakeholders from across the energy ecosystem – including state and federal regulators, policymakers, storage industry members, utility decision makers, and power sector stakeholders.
What is the 'guidance on accelerating the development of new energy storage?
Since April 21, 2021, the National Development and Reform Commission and the National Energy Administration have issued the ‘Guidance on Accelerating the Development of New Energy Storage (Draft for Solicitation of Comments)’ (referred to as the ‘Guidance’), which has given rise to the energy storage industry and even the energy industry.
How many provinces and cities in China are implementing energy storage policies?
At present, more than 20 provinces and cities in China have issued policies for the deployment of new energy storage. After energy storage is configured, how to dispatch and operate energy storage, how to participate in the market, and how to channel costs have become the primary issues which plague new energy companies and investors.
Will energy storage eliminate industrial development?
In the context of the ‘dual-carbon’ goal and energy transition, the energy storage industry’s leapfrog development is the general trend and demand. The follow-up actions will inevitably introduce a series of policies for the development of energy storage to eliminate industrial development. Faced with ‘obstacles’ one by one.
When did China release its first guiding-policy for energy storage?
On October 11, 2017, China released its first national-level guiding-policy document covering energy storage.