New Energy Storage Technologies Empower Energy
KPMG China and the Electric Transportation & Energy Storage Association of the China Electricity Council (''CEC'') released the New Energy Storage Technologies Empower Energy
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China to boost new-energy storage manufacturing industry,
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China unveils measures to bolster new-type energy storage
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How will China promote the new-type energy storage manufacturing sector?
BEIJING, Feb. 17 -- Chinese authorities unveiled several measures on Monday to promote the new-type energy storage manufacturing sector, as part of efforts to accelerate the development of emerging industries and the country's modern industrial system.
What is the value of new-type energy storage?
The ultimate value of new-type energy storage lies in its potential to drive the transformation of the energy system – shifting from a "fossil-fuel-dependent, centralized supply" model to a "renewable energy-dominated, distributed and centralized collaborative" model.
What is the new-type energy storage manufacturing industry?
According to an action plan jointly issued by the Ministry of Industry and Information Technology and seven other government organs, the new-type energy storage manufacturing industry refers to the sector that produces energy storage, information processing, safety control, and other products related to new energy storage methods.
Why are energy storage technologies important?
They are also strategically important for international competition. KPMG China and the Electric Transportation & Energy Storage Association of the China Electricity Council ('CEC') released the New Energy Storage Technologies Empower Energy Transition report at the 2023 China International Energy Storage Conference.
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