4 Frequently Asked Questions about “New energy storage policy implementation - Inala Strategic Solar”
What is the implementation plan for the development of new energy storage?
In January 2022, the National Development and Reform Commission and the National Energy Administration jointly issued the Implementation Plan for the Development of New Energy Storage during the 14th Five-Year Plan Period, emphasizing the fundamental role of new energy storage technologies in a new power system.
Will China develop new energy storage systems between 2025 and 2027?
BEIJING, Sept. 12 -- China on Friday unveiled an action plan to promote the development of new forms of energy storage between 2025 and 2027, amid efforts to support green energy transition and ensure the stability of new-type power systems.
What is the energy storage plan?
The plan outlined 21 key measures, including scaling up energy storage applications in power generation and grid infrastructure, accelerating technological innovation, and improving standardization. It also emphasized talent development and enhancing international cooperation in the sector.
What is the compensation standard for new-type energy storage in 2025?
For 2025, the compensation standard for standalone new-type energy storage is set at RMB 0.35/kWh. Projects that fail to begin construction by June 30, 2025, will not be eligible for the 2025 compensation.
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