BLOG
BLOG
Latest information
26 Feb,2025
China's energy storage industry market prospects
Recently, the Ministry of Industry and Information Technology on the “high-quality development of new energy storage manufacturing industry action plan” public consultation, aimed at promoting the new energy storage manufacturing industry to better meet the needs of electric power, industry, energy, transportation, construction, communications, agriculture and other areas of application. Gao Dongsheng, chief economist and director of the General Office of the Ministry of Industry and Information Technology, said that in recent years the scale of China's energy storage industry has been growing rapidly, and the output value of new energy storage in 2023 exceeded 300 billion yuan, the technical level has been continuously improved, and the industrial ecology has been initially formed. It is understood that in the policy mechanism and market-driven, China has gradually built a complete category, supporting the complete new energy storage industry system. Thirteenth National Committee of the Chinese People's Political Consultative Conference, deputy director of the Economic Committee, the National Intelligent Manufacturing Expert Committee, said Su Bo, the first eight months of this year, the country's new energy storage cumulative charge and discharge volume of about 26 billion kilowatt-hours, the equivalent hours of utilization of about 620 hours, and effectively support the stable operation of the electric power system and a reliable supply of the future of zero-carbon power system indispensable components. By 2030, the cumulative installed capacity of new energy storage is expected to reach 220GW, and the total output value of the industry will exceed 3 trillion yuan.
This article originated from: Financial Sector AI Telegraph
Keywords