Youngor invests in energy storage and gas storage

Youngor invests in energy storage and gas storage

6 FAQs about [Youngor invests in energy storage and gas storage]

Should we invest in underground gas storage in 2026?

With the consideration of gas market reform, the investment of underground gas storage would be executed at 2026 with an investment value of 0.33 RMB/m 3 if there were no government incentive, while to invest in 2030 would be the best decision without the consideration of gas market reform, and the investment value is only 0.05 RMB/m 3.

How to choose the best energy storage investment scheme?

By solving for the investment threshold and investment opportunity value under various uncertainties and different strategies, the optimal investment scheme can be obtained. Finally, to verify the validity of the model, it is applied to investment decisions for energy storage participation in China's peaking auxiliary service market.

Is gas market reform an incentive for developing gas storage facilities?

Therefore, gas market reform is expected to be incentive for developing gas storage facilities. In the present study, a real option model was proposed to analyse the optimal investment strategy (investment timing and value) for underground gas storage facilities with/without the consideration of gas market reform.

Should you invest in future energy storage technologies?

Additionally, the investment threshold is significantly lower under the single strategy than it is under the continuous strategy. Therefore, direct investment in future energy storage technologies is the best choice when new technologies are already available.

How to promote energy storage technology investment?

Therefore, increasing the technology innovation level, as indicated by unit benefit coefficient, can promote energy storage technology investment. On the other hand, reducing the unit investment cost can mainly increase the investment opportunity value.

Should energy storage be invested in China's peaking auxiliary services?

Therefore, direct investment in future energy storage technologies is the best choice when new technologies are already available. At this stage, the investment threshold for energy storage to involvement in China's peaking auxiliary services is 0.1068 USD/kWh.

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