China Shipbuilding New Energy Company Energy Storage

How many new energy storage projects are commissioned in China?

Figure 2: Cumulative installed capacity of new energy storage projects commissioned in China (as of the end of June 2023) In the first half of 2023, China's new energy storage continued to develop at a high speed, with 850 projects (including planning, under construction and commissioned projects), more than twice that of the same period last year.

How has China developed the energy storage industry?

The Chinese government has promulgated many policies to promote the development of energy storage. The energy storage industry had ushered in a period of development with the release of the 13th Five Year Plan ( National Development and Reform Commission, 2016; China Energy Storage Alliance, 2021 ).

What is China Energy ship management?

China Energy Ship Management will operate and maintain a fleet of eight (8) LNG Vessels delivering clean energy in the form of liquefied natural gas (LNG) from the loading port of Gladstone in Australia to receiving terminals in China. The primary ports for delivery are, Beihai, Qingdao-Shandong, Tianjin, Wenzhou and Lianyungang.

Will China develop new types of power storage?

China's development of new types of power storage is also on a fast track. Liu Yafang, an official with the NEA, said at a recent news conference that in the past year, the NEA and the National Development and Reform Commission have launched a series of policies to promote the development of new types of power storage.

How many pumped-storage power stations are there in China?

It had another 31 pumped-storage power stations under construction, totaling 42.13 million kW in capacity and accounting for 77 percent of the nation's total. China's development of new types of power storage is also on a fast track.

What are the advantages of new energy storage?

Compared with traditional pumped hydro storage, new energy storage has the advantages of flexible site selection, short construction period, rapid and flexible response, and diverse application scenarios.