General manager of energy storage group

What is the future of power storage?

With increasing use of wind and solar power, the market prospect of power storage is very promising," said Liu Jing, associate dean and professor of accounting and finance at the Cheung Kong Graduate School of Business. "In the past, coal was merely the only source of electricity, and many grid operators do not store energy due to high costs.

How do grid operators manage power supply in peak hours?

Instead, grid operators normally set up dispatch centers to manage power supply. Demand in peak hours is usually handled by burning more coal," said Lin Boqiang, head of the China Institute for Studies in Energy Policy at Xiamen University.

Is energy storage a separate asset?

EASE has successfully defined energy storage as a separate asset (neither generation nor consumption) and has enabled operators to own and operate energy storage within their asset portfolio. Since 1996, Clerens worked as a consultant for a private company specializing in European Affairs in Brussels.

Where do CATL employees check power storage equipment?

CATL employees check power storage equipment at a power station in Hangzhou, Zhejiang province, in April. LONG WEI/FOR CHINA DAILY Amid green efforts nationwide to achieve carbon goals, experts call for more breakthroughs in industry to tackle key issues

Who invented stationary energy storage?

Twenty years ago, when Dr. Gyuk took charge of the stationary energy storage program, the technology was only beginning to be explored. There were very few demonstrations and the rare industry meetings were only attended by a handful of researchers, scientists, and dreamers.

What does 61 EEG 2017 mean for energy storage facilities?

The amendment of §61 EEG 2017 is in favor of the mixed-use of energy storage facilities at the German level so that energy storage facilities can better tap their full potential for the energy system.