Why is energy storage important in China?
As China accelerates the deployment of renewable energy, the stability of the power system faces persistent operational constraints. Energy storage, serving as a pivotal enabling technology for the energy transition, has witnessed rapid development nationwide.
Why is wind and solar power important in China?
This flexibility is particularly important in China, which has a large and growing share of wind and solar power in its generation mix. In , wind and solar combined generated 12% of China’s electricity, according to our International Energy Statistics.
What percentage of China's Electricity is generated by wind and solar?
In , wind and solar combined generated 12% of China’s electricity, according to our International Energy Statistics. As wind and solar play an increasingly significant role in China’s electricity mix, the surplus energy generated will need to be stored.
What is the future of energy storage in China?
The new energy storage market in China has great development potential in the future. The cumulative installed capacity of new energy storage in China is expected to exceed 100 gigawatts (GW) by , according to the Energy Storage Industry Research White Paper released by the Institute of Engineering Thermophysics on 10 April.
Why is China doubling its energy storage capacity?
China is rapidly scaling up its energy storage capacity – outpacing the rest of the world. Since , China’s total capacity has more than tripled, reaching over 135 GW by the end of . While pumped hydro has grown steadily, the most dramatic growth has come from “new-type” storage technologies, particularly lithium-ion batteries.
Will wind and solar power be curtailed in China?
As wind and solar play an increasingly significant role in China’s electricity mix, the surplus energy generated will need to be stored. Otherwise, it will have to be curtailed, meaning some of the wind and solar power will not be used.
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