New energy storage new power system

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 China's new energy storage industry plan?

Subse-quently, on November 6, 2024, China’s Ministry of Industry and Information Technol-ogy issued the draft Action Plan for the High-Quality Development of the New Energy Stor-age Manufacturing Industry, which empha-sized the need to develop LDES technologies and proactively plan for ultra-long-duration energy-storage 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.

What are energy storage systems?

Energy-storage systems designed to store and release energy over extended periods, typically more than ten hours, to balance supply and demand in power systems. Reduction of energy demand during peak times; battery energy-storage systems can be used to provide energy during peak demand periods.