WHO LEADS THE ENERGY STORAGE INDUSTRY IN 2019

2019 energy storage conference

The European Association for Renewable Energy EUROSOLAR will organize its 13th International Renewable Energy Storage Conference (IRES 2019) on March 12-14, 2019 jointly with the Energy Storage Europe (ESE) Conference and Exhibition at Messe Düsseldorf, Germany.The conferences focus on the scientific research and findings on storage technology, legal frameworks, smart networks and market aspects (IRES) and on the business and finance aspects for the rollout of these technologies to the global market (ESE).
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Top 10 energy storage integrators in 2019

In 2019, among new operational electrochemical energy storage projects in China, the top 10 providers in terms of installed capacity were CATL, Higee Energy, Guoxuan High-Tech, EVE Energy, Dynavolt Tech, Narada, ZTT, Lishen, Sacred Sun, and China BAK.
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2019 energy storage operation scale

According to statistics from the CNESA global energy storage project database, by the end of 2019, accumulated operational electrical energy storage project capacity (including physical energy storage, electrochemical energy storage, and molten salt thermal storage) in China totaled 32.3 GW.
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FAQS about 2019 energy storage operation scale

How big are energy storage projects?

By the end of 2019, energy storage projects with a cumulative size of more than 200MW had been put into operation in applications such as peak shaving and frequency regulation, renewable energy integration, generation-side thermal storage combined frequency regulation, and overseas energy storage markets.

What will be the future of energy storage technology in 2019?

2019 was a year of rapid development for the application of energy storage technology in the field of transportation. In the automotive field, we saw impressive expansion of NMG battery EVs, LiFePO battery EVs, PHEV models, and 48V hybrid models. Fuel cell passenger cars also provide much to look forward to.

How did the energy storage industry develop in 2019?

In 2019, overall growth in the development of electrical energy storage projects slowed, as the industry entered a period of rational adjustment. As we enter 2020, how do those in the industry view and understand the future development path for energy storage?

How much energy storage capacity does the energy storage industry have?

New operational electrochemical energy storage capacity totaled 519.6 MW/855.0 MWh (note: final data to be released in the CNESA 2020 Energy Storage Industry White Paper). In 2019, overall growth in the development of electrical energy storage projects slowed, as the industry entered a period of rational adjustment.

How to judge the progress of energy storage industry in China?

Chen Haisheng, Chairman of the China Energy Storage Alliance: When judging the progress of an industry, we must take a rational view that considers the overall situation, development, and long-term perspective. In regard to the overall situation, the development of energy storage in China is still proceeding at a fast pace.

Is energy storage economically feasible?

Since none of the reviewed storage is economically feasible, the energy price modification required to achieve feasibility are estimated. Based on such results, the distance between the current situation and the one favourable to storage is assessed. In this way, the future outlook of each storage technology is discussed. 1. Introduction