On April 28, a seminar focused on high-quality development of energy storage was held in the “China Energy Storage Capital.” The event featured discussions on energy storage technology innovations and policy guidance for the energy storage industry. Experts and industry representatives addressed the growth of the energy storage market, emphasizing the significant potential for development in China.
The seminar aimed to promote a new generation of energy storage systems and to facilitate the high-quality development of the energy storage sector in China. This gathering was attended by over 300 participants, including professionals from various institutions, government officials, and industry leaders. It was noted that the energy storage market in China is expected to experience rapid growth, with estimates indicating a potential capacity of 14.5 million kilowatt-hours by 2024, accounting for 43% of the national total capacity.
Moreover, the seminar highlighted that by 2024, the installed capacity of various types of energy storage systems in China could exceed 10 million kilowatt-hours, with wind energy contributing significantly to this growth. The discussions included strategies to meet carbon neutrality goals and the importance of energy storage in achieving these targets.
The New Energy Storage Development Action Plan has become a key topic, signaling a shift in focus towards sustainable energy solutions. This plan aims to enhance the production quality and efficiency of energy storage products, while also addressing the challenges faced by the industry, such as regulatory hurdles and market competition.
As a result of these discussions, a new energy storage alliance was announced, with 23 founding members from various sectors committed to advancing the industry. The alliance aims to create a collaborative environment that encourages innovation and addresses market demands.
In conclusion, the event underscored the importance of energy storage in China’s transition to a more sustainable energy landscape, and it aims to drive high-quality development across the sector. Stakeholders are encouraged to participate actively in this initiative to ensure that energy storage plays a pivotal role in the country’s energy future.
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