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ELECTRICITY PRICES 30 HIGHER THAN THE U.S. AVERAGE

Power storage 30 million kilowatts

Power storage 30 million kilowatts

Liu Yafang, Deputy Director of the Science and Technology Department of the National Energy Administration, said that it is expected that by the end of 2025, the installed capacity of new energy storage in the power system will reach more than 30 million kilowatts, with an average annual growth of more than 50%, effectively supporting the construction of a clean, low-carbon, safe and efficient energy system. [pdf]

Independent energy storage power station electricity sales and purchases

Independent energy storage power station electricity sales and purchases

In the electricity energy market, independent energy storage stations, due to their charging and discharging characteristics, can purchase electricity at a lower price as demanders during low grid load periods, and operate the stored power as suppliers during peak grid load periods, while also serving as power sources and users to earn profits from peak and valley electricity prices. [pdf]

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