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china to boost energy storage capacity to fuel renewable power use - energy storage companies

china to boost energy storage capacity to fuel renewable power use  -  energy storage companies

Beijing, October 12Reuters)-
China aims to expand its scale.
Government Central planners say expanding energy storage capacity over the next decade, and as Beijing promotes the use of more renewable energy, it is a big effort to solve the problem of stranded electricity in the western part of the country.
In recent years, China has been at the forefront of the world in promoting greater reliance on wind and solar energy, and in the world's largest energy consumer, providing clean energy to urban users from the western region has been a headache.
China produced a total of 5.
9 trillion kWh (kWh)
Powers of 2016, 25 of them.
6% comes from hydropower, wind, nuclear and solar power stations.
Storage technologies like batteries can help protect renewable energy when demand is low and save for distribution when consumption picks up.
Adequate storage will prevent power generation from being reduced due to oversupply.
A key part of the plan is to issue subsidies to energy storage companies to stimulate the construction of new energy sources
According to a statement issued by the National Development and Reform Commission, saving facilities (NDRC)on Wednesday.
Details of the subsidy were not disclosed.
The government will also launch a number of pilot projects to test the progress of energy storage technologies such as pumped storage and compressed air energy storage, the superconductive magnetic energy storage and large-capacity storage of batteries using substances such as leadacid lithium-
Said in the statement.
These programmes are expected to be completed by the end of 2020 with the aim of expanding these projects
The company says mass production will take place five years later.
"The development of the energy storage industry will provide important support for China's energy supply.
Reform and transformation of energy structure, "the NDRC said.
The government says electricity stored in batteries and systems will be sold on the market. (
Reports from Xu Muyu and Mason;
Editor Tom Hogg)

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