What does independent energy storage capacity compensation cost mean

Do Jiangxi regulations cover energy storage investment costs?

Industry experts believe that although the release of the Jiangxi regulations provides clarification of energy storage’s identity, the compensation mechanism and subsidies for energy storage provided in the regulations are not enough to cover the investment costs for storage.

Are independent energy storage stations a good idea?

“Independent energy storage stations are an emerging trend. When energy storage is tied to other systems, it must share its earnings with those other systems,” China Energy Storage Alliance senior policy research manager Wang Si told reporters. Wang Si believes that independent energy storage possesses two advantages.

Do market regulations support market entry of energy storage?

Current market regulations and related policies do not support market entry of energy storage. This is especially true of ancillary services market and spot market regulations, which cannot support the full participation of storage in the market, nor allow it to receive full benefits.