Energy storage policy 2021business buildingsbusiness parks

What is the 'guidance on accelerating the development of new energy storage?

Since April 21, 2021, the National Development and Reform Commission and the National Energy Administration have issued the ‘Guidance on Accelerating the Development of New Energy Storage (Draft for Solicitation of Comments)’ (referred to as the ‘Guidance’), which has given rise to the energy storage industry and even the energy industry.

What is the 'guidance' for the energy storage industry?

Based on the above analysis, as the first comprehensive policy document for the energy storage industry during the ‘14th Five-Year Plan’ period, the ‘Guidance’ provided reassurance for the development of the industry.

What are energy storage policies?

These policies are mostly concentrated around battery storage system, which is considered to be the fastest growing energy storage technology due to its efficiency, flexibility and rapidly decreasing cost. ESS policies are primarily found in regions with highly developed economies, that have advanced knowledge and expertise in the sector.

What are the industrial policies for energy storage?

The industrial policies for energy storage are complex and diverse. The development of energy storage industry requires promotion of the government in the aspect of technology, subsidies, safety and so on, thereby a complex energy storage policy system has developed.

How can policy makers promote the development of energy storage?

With the development of energy storage, policy makers need to design policies more scientifically and take a systematic approach to promote the development of energy storage. There are few comprehensive studies of Chinese energy storage policies.

How do energy storage policies affect the public?

The public is the recipient of the government’s energy storage policies, and their psychological perceptions and opinions of policies, that is, how they evaluate energy storage policies, will affect their wishes and behaviors.