1. China to Boost Energy Storage 10-Fold to Cut Power Waste

    China to Boost Energy Storage 10-Fold to Cut Power Waste

    China is expected to raise its power storage capacity by ten-fold to 14.5 gigawatts by 2020, as the world's second-biggest economy tries to cut massive waste from renewable energy projects, an industry association said. China is the world largest wind and solar power producer, but some regions are estimated to be losing more than 40 percent of their power because of technical restraints and bottlenecks in the grid, alongside weak power demand growth. Storage technologies, such as pumped storage hydropower or lithium ion batteries, are expected to play a critical role in improving the China's capacity to make better use of renewables.

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  1. Quotes

    1. We didn't count pumped hydropower, and we project growth to rise to 14.5 GW by 2020 based on manufacturers' orders.
    2. China is heading an energy revolution led by the transformation to low-carbon energy and the opening up of its wholesale power market, and storage will be important to bolster the changes.
  2. Topics Mentioned

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  4. Categories

    1. Electricity Source:

      Solar Photovoltaic, Wave, Tidal, Hydro, Wind
    2. Storage Market:

      Commercial & Industrial, Microgrid & Community, Military, Residential, Smart Grid, Utility Grid, Vehicle-to-Grid/Home
    3. Storage Technology:

      Compressed Air/Gas, Flow Battery, Flywheel, Hydrogen, Lead, Liquid Metal, Lithium, Magnesium, Mechanical Storage, Nickel, Pumped Hydro, Sodium, Supercapacitors, Thermal, Vanadium, Zinc
    4. Article Types:

      Null, Reports and Conferences