The Action Plan points out that by 2027, the development of new energy storage will basically achieve scale and marketization, with technological innovation and equipment manufacturing capabilities ranking among the top in the world. The market mechanism, business model, and standard system will be basically mature and sound, and a diversified energy storage system that adapts to the stable operation of the new power system will be initially established, forming an overall pattern of overall planning, diversified complementarity, and efficient operation, providing strong support for the green transformation and development of energy.
The installed capacity of new energy storage in China has reached over 180 million kilowatts, driving direct investment of about 250 billion yuan in projects. Promote further commercial development of compressed air energy storage, flow battery energy storage, sodium ion battery energy storage, flywheel energy storage, etc.