Energy storage system promotion

Can energy storage technology be promoted under incentive policies?

In a certain sense, this study reveals the research on the promotion mechanism of energy storage technology under incentive policies and provides a certain reference basis for local governments to formulate and improve energy storage policies.

How a government can promote energy storage technology?

Energy storage technology is the key technology to promote the consumption of renewable energy. The government can promote the energy storage technology through the incentive policy of energy storage industry.

What is energy storage technology?

Proposes an optimal scheduling model built on functions on power and heat flows. Energy Storage Technology is one of the major components of renewable energy integration and decarbonization of world energy systems. It significantly benefits addressing ancillary power services, power quality stability, and power supply reliability.

Is energy storage a new technology?

Energy storage is not a new technology. The earliest gravity-based pumped storage system was developed in Switzerland in 1907 and has since been widely applied globally. However, from an industry perspective, energy storage is still in its early stages of development.

Is the government promoting the commercialization of energy storage?

In this stage, keywords like “popularization and application,” “standard,” “distributed” and “price mechanism” showed that the government was actively promoting the commercialization of energy storage, and paid more attention to energy storage in “scale development” and “industrial development.”

What are the relevant policies for energy storage?

The relevant policies during this period were mainly about R&D on the power grids that incorporate energy storage technologies, and demonstration application of energy storage technologies in the field of renewable energy. These have laid a solid foundation for the development of energy storage.