Negotiation of wind power energy storage project

Who provides energy storage & wind power in China?

Project engineering, procurement, and construction (EPC) was provided by Nanjing NR Electric Co., Ltd., while the project’s container energy storage battery system was supplied by Gotion High-tech. This project is currently the largest combined wind power and energy storage project in China.

What is a 'wind & solar & hydro & storage integration'?

The announcement states that “wind, solar, hydro, thermal, and storage integration” should focus on the development of power supply bases which combine local resources and energy characteristics.

Can a forecast order contract reduce wind power supply capacity?

However, with a forecast order contract, the optimal installed capacity of wind power supplier may decrease with the electricity retailer's forecast order quantity when the forecast demand is within a certain range.

Will Huaneng Mengcheng wind power 40mw/40mwh energy storage project be connected?

On August 27, 2020, the Huaneng Mengcheng wind power 40MW/40MWh energy storage project was approved for grid connection by State Grid Anhui Electric Power Co., LTD.

What is the largest combined wind power and energy storage project in China?

This project is currently the largest combined wind power and energy storage project in China. The Inland Plain Wind Farm Project in Mengcheng County is owned by the Anhui Branch of Huaneng International. The project has a total installed capacity of 200MW, with a paired energy storage capacity of 20% and duration of one hour.

What is a risk sharing mechanism for wind power purchase contracts?

Combined with real-world practice, two kinds of electric power purchase contracts with risk sharing mechanism are proposed from electricity retailer to wind power supplier. Both of them pursue maximization of profits and the wind power supplier may choose to exit the market if the operations become unprofitable.