Emerging Trends and Developments in Advanced Energy Storage Solutions

Emerging


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Shanghai Pudong has released a notice regarding key tasks for achieving carbon peak and carbon neutrality by 2025, with an emphasis on promoting the construction of a new energy system. The notice encourages the organization of new energy technology development demonstration project applications, pushing forward the construction of new energy storage and virtual power plant demonstration projects.

In Guangdong, the installed power generation capacity has reached 227 million kilowatts, marking a 14.1% year-on-year increase. The operational level of new energy storage in the province continues to improve, enhancing its regulatory capabilities. As of the first quarter of this year, the cumulative operational scale of new energy storage projects on both the grid and generation sides in Guangdong reached 1.9339 million kilowatts and 2.8821 million kilowatt-hours, representing a growth of over 4% since the end of last year.

Southern Power Grid is actively developing pumped storage and steadily advancing new energy storage while optimizing peak regulation hydropower, achieving a net profit attributable to shareholders of 1.126 billion yuan. The Southern Power Grid Technology has established the only national manufacturing innovation center in the field of new energy storage, which has received a Chinese Patent Gold Award along with the addition of 96 new invention patents and participation in the formulation of 61 various standards.

Southern Power Grid expressed confidence in the development of pumped storage and new energy storage, stating that the demand for new energy storage continues to grow. The company has approximately 7 million kilowatts of new energy storage projects in its pipeline.

In Sichuan, the newly revised 2025 Power Market Settlement Rules optimize the settlement mechanism compared to 2024, covering four major areas: generation side, consumption side, new energy storage, and fund management. This provides a regulatory guarantee for power market settlements in Sichuan.

China Energy Construction has signed a strategic cooperation agreement with the Inner Mongolia Power Group to deepen collaboration in grid planning, clean energy, pumped storage, and new energy storage, aiming for a win-win cooperation model between central enterprises and local partners.

State Grid Anhui Electric Power will enhance online monitoring and operation maintenance of mobile energy storage devices, aiming for large-scale applications in scenarios such as livelihood support and energy transition. This initiative includes a pilot application of mobile energy storage equipment and the formulation of technical standards and management procedures.

Shanxi is adjusting its energy storage project list, adding 2.41 GW/4.72 GWh and removing 1.634 GW/2.61 GWh. The provincial energy bureau has organized a review of the adjustment work for the new energy storage project database.

Southern Power Grid’s subsidiary is set for steady growth in 2024, with new energy storage installations projected to reach 654.2 MW/1.2983 GWh. The company plans to strengthen the collaborative development of pumped storage and new energy storage while actively exploring new business avenues.

In Guangzhou’s Huadu District, measures have been introduced to support the development of diverse hydrogen energy application scenarios, as part of a broader initiative to enhance the quality of the new energy industry.

Jinzhong City has published a plan for carbon peak implementation, focusing on orderly development of new chemical energy storage and ensuring the coordinated development of “new energy + storage”.

Shandong Electric has signed a cooperation agreement with Jiqiao Science and Technology Investment Group for a new energy storage project, focusing on advancing the integration of all-vanadium flow battery systems and promoting innovative applications.

Jilin Province aims to achieve a new energy storage capacity of 1 GW by 2027, establishing a compensation policy for independent storage capacity, with a goal to reach at least 3 million kilowatts by 2030.

Globally, there is a focus on building the first full-chain energy storage ecosystem, with strategic collaboration between government and enterprises to transform towards zero-carbon initiatives.

Southern Power Grid’s</b innovative sodium-ion battery energy storage system has passed authoritative certification, marking a significant advancement towards diversified technology development in new energy storage.

As of March 2024, Gansu’s electricity market construction has progressed, with market-based transactions accounting for 82.96% of power generation. The market has seen the emergence of new business forms, enhancing competitive dynamics.

The Storage Industry Research White Paper 2025 reports that new energy storage installations account for nearly 90%, reaching 74.1 GW/177.8 GWh with a year-on-year increase of 62.5% and 61.9%.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/emerging-trends-and-developments-in-advanced-energy-storage-solutions/

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