About Development status of energy storage abroad
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6 FAQs about [Development status of energy storage abroad]
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).
Why is the energy storage industry not developing?
As a result, the implementation of the central energy storage policies in various localities lacked consistency and coordination. An external market environment conducive to the development of the energy storage industry has not yet been created. Second, there is still a lack of effective market mechanisms in energy storage industry.
What should the government do about energy storage?
The government should establish a special department for energy storage, responsible for the unified formulation, planning and management of policies, and coordination of various policies. At the same time, a roadmap for energy storage technology development and a plan of energy storage development should be formulated.
Does energy storage industry need a policy guidance?
Sungrow Power Supply Co., Ltd.: energy storage industry needs the policy guidance urgently. Machinery & Electronics Business; 2015-6-22: A06. Policy and innovation are key factors for the development of energy storage technology. China Electric Power News; 2016-4-28: 008. Lin Boqiang.
Is the government promoting the commercialization of energy storage?
In this stage, keywords like “popularization and application,” “standard,” “distributed” and “price mechanism” showed that the government was actively promoting the commercialization of energy storage, and paid more attention to energy storage in “scale development” and “industrial development.”
What is the future of energy storage?
Storage enables electricity systems to remain in balance despite variations in wind and solar availability, allowing for cost-effective deep decarbonization while maintaining reliability. The Future of Energy Storage report is an essential analysis of this key component in decarbonizing our energy infrastructure and combating climate change.
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