This paper focuses on the development of China's Energy Storage Industry, summarizes the industrial situation and policy environment, analyses China's Energy Storage Industry by the PEST-SWOT frame.
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energy storage policies, which can help to improve policy. Third, the research provides suggestions for China''s energy storage promotion. The remainder of the study is structured as follows: Section 2 introduces methodology. Section 3 demonstrates the progress of energy storage in China. Section 4 explains public sentiment orientation.
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The international energy agency plans a roadmap for energy storage technology by 2050. East China Electr. Power (4), 809–809 (2014) Google Scholar Xiaohui, Y.: International energy storage industry policy and analysis of china''s energy storage industry development. Shaanxi University of Science and Technology, Xi''an, China. Tao Lei
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Clean Power for Industry in China: Policy Enablers for the Industrial Sector 2. Source: International Energy Agency, Accenture analysis Clean Power for Industry in China: Policy Enablers for the Industrial Sector 5. Recent years have seen a boom in energy storage in China. The country plans to install more than 30 gigawatts (GW) of new
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The development of energy storage industry requires promotion of the government in the aspect of technology, subsidies, safety and so on, thereby a complex energy storage policy system has developed. A lack of systematic research specifically regarding energy storage policies in China still prevails.
By tracing the evolution of energy storage policies, we found that China’s energy storage industry remained in its infancy and has not yet reached an industrial scale. First, the inadequate policy coordination hinders the development of 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).
1) Improve the policy system. China’s energy storage policy needs more centralized and unified rules like corporate financing policies, taxation policies, subsidies, price policies, and evaluation policies for energy storage demonstration projects.
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.
The number of China’s energy storage policies from 2010 to 2020. FIGURE 4. Energy storage policy keywords from 2010 to 2020. Of the 254 energy storage policies, some keywords appeared many times during the observation period.
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