Preview 2025: 2025 China Compressed Air Energy Storage Industry Landscape Report (Market Status and Development Trends) is set to be released on May 27, 2025, at 10:00 AM. This report will be available on the New Wave Finance APP.
The primary companies involved in the compressed air energy storage sector include China National Building Material (601868.SH), China Electric Power (601669.SH), Longyuan Power (601369.SH), China National Offshore Oil Corporation (A01518.SH), Southern Power Grid (600875.SH), China Resources Power (1133.HK), and Shanghai Electric (601727.SH).
Compressed Air Energy Storage (CAES) is a technology that utilizes compressed air to store energy, primarily used in electrical grids during off-peak times. The stored energy can be released during peak demand periods to generate electricity. CAES technology can be categorized into adiabatic and diabatic systems, with the former being more prevalent in China.
The energy transfer process involves several steps: during low electricity demand, the air compressor will compress air, storing it in a reservoir. When electricity demand peaks, the compressed air is released to drive a turbine connected to a generator, producing electricity.
As of May 15, 2025, there are currently 13 operational CAES projects in China, collectively adding up to approximately 1000 MW of capacity. The construction of CAES projects has accelerated rapidly in recent years, with several projects reaching operational status ahead of schedule.
In terms of technological advancement, several major CAES plants are already in development. These include projects with capacities exceeding 100 MW, which are expected to significantly contribute to the national energy storage capacity.
The report also highlights the importance of industry policies and regulations that support the growth of the CAES sector. China’s push towards new energy sources has led to increased investment and development initiatives within the industry, aiming to enhance the efficiency and reliability of energy storage systems.
Future projections indicate that CAES technology will play a vital role in meeting the growing energy demands and integrating renewable energy sources into the national grid. The report anticipates a substantial rise in the number of CAES installations across the country, driven by technological advancements and supportive governmental policies.
For more detailed insights, the full report will be available for review on the release date.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/forecast-for-2025-analysis-of-chinas-compressed-air-energy-storage-market-and-development-trends/
