The Necessity And Prospects For The Development Of New Energy Storage Industry
Jan 02, 2025
New energy storage industry welcomes golden development period
Since the country issued the Guiding Opinions on Accelerating the Development of New Energy Storage in 2021, the pace of China's energy transformation has accelerated. The rapid development of renewable energy sources such as wind energy and solar energy has brought huge demand for energy storage technology. According to Professor Liu Yafang, a part-time professor at Zhejiang University and former deputy director of the Science and Technology Department of the National Energy Administration, from January to October 2024, China's newly installed wind and solar power generation capacity has reached 228 million kilowatts, demonstrating the strong growth momentum of new energy. However, as the installed capacity of wind and solar power continues to rise, how to balance power production and consumption, especially the problem of volatility and unschedulability of renewable energy, has become an urgent challenge to be solved.
Liu Yafang pointed out that with the further advancement of the "dual carbon" strategy, new energy storage technology has become the key to promoting the efficient integration of wind and solar power generation into the power grid and improving the flexibility and stability of the power system. Energy storage systems can not only balance supply and demand, but also optimize power system efficiency, reduce energy consumption, and promote the transformation and upgrading of energy production and consumption models.

Policy support helps new energy storage industry take off
Since the National Development and Reform Commission issued Document No. 1051 in 2021, the new energy storage industry has received strong policy support. Governments at all levels have introduced relevant policies to promote the industrialization and market-oriented development of new energy storage technologies. The National Development and Reform Commission has included new energy storage in the green and low-carbon advanced technology demonstration and transformation industry guidance catalog to support new energy storage's participation in the power auxiliary service market; the Ministry of Industry and Information Technology has formulated relevant policies to promote the high-quality development of new energy storage manufacturing.
As of the end of September 2024, the country's installed energy storage capacity has exceeded 110 million kilowatts, of which new energy storage's contribution rate exceeds 51%. This achievement marks a significant breakthrough in new energy storage technology driven by national policies, and the industrialization process continues to accelerate.

Future Outlook: Innovation drives industrial upgrading
Regarding the future of the new energy storage industry, Professor Liu Yafang pointed out that innovation is the core competitiveness of the new energy storage industry. Promoting technological innovation, industrial innovation, innovation in development methods, and innovation in institutional mechanisms will provide solid foundation for the sustainable development of the new energy storage industry. Assure. As an important market for global new energy and energy storage technologies, China will accelerate the breakthrough and application of energy storage technologies and promote industrial upgrading through innovation-driven development.
In the tide of global energy transformation, new energy storage technologies will undoubtedly play a vital role in the realization of China's "double carbon" goal. With the continuous increase of policy support, the continuous advancement of technological innovation and the improvement of industrial collaboration, With continuous strengthening, China's new energy storage industry will usher in brighter development prospects in the next few years. As Professor Liu Yafang said: "New energy storage is not only a catalyst for the green and low-carbon transformation of energy, but also a powerful driving force for high-quality economic development."

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