China accelerates gas energy storage construction

Why is China expanding natural gas storage capabilities?

China is expanding natural gas storage capabilities to ensure a reliable and sustainable energy future as part of its "carbon peaking and neutrality" strategy. It plans to establish six major gas storage centers across the country, with a total of 50 gas storage facilities and an estimated working gas volume exceeding 100 billion cubic meters.

What are China's liquefied natural gas storage facilities?

PipeChina, CNOOC and Sinopec facilitate energy supply and carbon emission cuts In recent years, China's State-owned enterprises, or SOEs, have been stepping up construction of storage facilities for liquefied natural gas or LNG to further enhance the country's natural gas storage capacity.

How will China improve natural gas storage capacity in 2020?

In 2020, the country issued a guideline on further beefing up the infrastructure construction and storage capacity of natural gas to promote stable and sound development of the sector. China Oil & Gas Piping Network Corporation (PipeChina) is leading the charge in building and operating gas storage to support China's energy goals.

Will China build a new energy storage system?

Technicians inspect wind farm operations in Hinggan League, Inner Mongolia autonomous region, in May 2023. WANG ZHENG/FOR CHINA DAILY China has been stepping up construction of new energy storage in recent years to build a new power system in the country amid its green energy transition, said authority.

How will China promote the new-type energy storage manufacturing sector?

BEIJING, Feb. 17 -- Chinese authorities unveiled several measures on Monday to promote the new-type energy storage manufacturing sector, as part of efforts to accelerate the development of emerging industries and the country's modern industrial system.

How much energy storage does China have in 2023?

By the end of 2023, China had completed and put into operation a cumulative installed capacity of new type energy storage projects reaching 31.4GW / 66.9GWh, with an average storage duration of 2.1 hours. The newly added installed capacity in 2023 was approximately 22.6GW / 48.7GWh, which is three times that for 2022 (7.3GW / 15.9GWh).