In terms of mobile energy storage, Northeast China has a unit capacity absorption ranging from 30 kWh to 90 kWh, compared to 15 kWh to 56 kWh in North China. (2) As the share of renewable energy in the system increases, the absorption capacity of fixed energy storage initially rises and then declines, with 50% and 55% as the inflection points.
In terms of developments in China, 19 members of the National Power Safety Production Committee operated a total of 472 electrochemical storage stations as of the end of 2022, with a total stored energy of 14.1GWh, a year-on-year increase of 127%.
However, the scale of new independent energy storage stations put into operation in China in the first three quarters of 2022 was approximately 345.5MW, which was significantly lower than planned or under construction stations. The main reason for this may be that investors lack motivation.
Furthermore, the government is also planning to drastically increase the electrochemical energy storage capacity by 2030. According to the State Grid Corporation of China, China is targeting electrochemical energy storage installed capacity of 30GW by 2025, and it will increase to 100GW in 2030.
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