China's State Council Pushes for Large-Scale Development of New Energy Storage
China's State Council has issued the "15th Five-Year Plan" for Carbon Peaking Actions, emphasizing the accelerated development of new energy storage technologies. The plan aims to significantly enhance the electricity grid's capacity to absorb renewable energy, aligning with the evolving trends in new energy generation. Key initiatives include strengthening the grid's ability to accept, allocate, and regulate renewable energy sources. To achieve this, the plan will boost inter-provincial and inter-regional power transmission capabilities, including the construction of ultra-high voltage transmission lines. Over 80 million kilowatts of new west-to-east power transmission capacity are expected to be added, alongside the vigorous development of inter-provincial power mutual assistance projects. The plan also supports the localized consumption of renewable energy by promoting direct green power supply models, such as direct grid connection and nearby grid access for new energy sources within incremental distribution networks. Furthermore, it advocates for integrated development of power generation, grid, load, and storage.
The State Council's directive to scale up new energy storage and develop long-duration storage solutions reflects a strategic imperative to manage the intermittency of renewable energy sources. This policy aims to de-risk investments in green energy by ensuring grid stability and reliability, thereby accelerating China's transition away from fossil fuels. The emphasis on enhanced transmission capacity and localized consumption highlights a dual approach: centralizing large-scale renewable generation while also fostering distributed energy resources. This integrated strategy seeks to balance national energy security with the practical challenges of integrating variable renewables into a massive power system, anticipating the increased demand for grid flexibility in an AI-driven energy landscape.
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