State-owned enterprise energy storage and new energy

Are state-owned enterprises governed by state policies?

After all, the priorities of governments can change. State-owned enterprises are essentially agents of the state and are thus bound by state policies and directives via a channel of direct influence or control, especially in the case of firms dependent on the state for resources, market access, or other essential support (Hart, 2003).

How has energy storage been developed?

Energy storage first passed through a technical verification phase during the 12th Five-year Plan period, followed by a second phase of project demonstrations and promotion during the 13th Five-year Plan period. These phases have laid a solid foundation for the development of technologies and applications for large-scale development.

Can state ownership accelerate the adoption of socially desirable technologies?

Hence, from a societal point of view, state ownership can help accelerate the adoption of socially desirable technologies; however, this does not seem to be an effect of state ownership per se and requires clear policy targets and dedicated government action to use state ownership toward these objectives.

Does energy storage have a new stage of development?

Just as planned in the Guiding Opinions on Promoting Energy Storage Technology and Industry Development, energy storage has now stepped out of the stage of early commercialization and entered a new stage of large-scale development.

What happened to energy storage systems?

Industry attention was also devoted to the effectiveness of applications and the safety of energy storage systems, and lithium-ion battery energy storage systems saw new developments toward higher voltages. Energy storage system costs continued to decline.

Are all entities state-owned?

Manual research was conducted for all entities, 14 and they were marked “state-owned” if at least 50% of the global ultimate owner during 2005–2016 was a public entity and “private” otherwise. State ownership can thereby include different levels of government (national, federal states or regions, municipalities).