Home » Liu Hanyuan, deputy to the National People’s Congress: Further accelerate the construction of various energy storage in my country and promote the process of low-carbon China_Market Dynamics_Capital Market_Financial Network-CAIJING.COM.CN

Liu Hanyuan, deputy to the National People’s Congress: Further accelerate the construction of various energy storage in my country and promote the process of low-carbon China_Market Dynamics_Capital Market_Financial Network-CAIJING.COM.CN

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Representative Liu Hanyuan Advocates for Comprehensive Energy Storage System at the 2024 National Two Sessions

In response to the pressing need for clean energy and a low-carbon economic transformation, Representative Liu Hanyuan is set to advocate for the development of a comprehensive energy storage system at the upcoming 2024 National Two Sessions. As a representative of the National People’s Congress, Vice Chairman of the All-China Federation of Industry and Commerce, and Chairman of the Board of Directors of Tongwei Group, Liu Hanyuan has been a vocal proponent of promoting China’s new energy industry for over two decades.

Liu Hanyuan’s proposal focuses on building a comprehensive energy storage system that primarily incorporates pumped hydropower storage and new energy storage, with additional support from various other energy storage forms such as electric vehicles. This system aims to facilitate the transition towards a low-carbon China and ensure a sustainable energy future.

Highlighting the benefits of pumped storage, Liu Hanyuan emphasized its cost-effectiveness, efficiency, and versatility in meeting various energy demands. On the other hand, lithium battery energy storage offers rapid response times and flexibility in deployment, making it a crucial component of the proposed system.

Looking ahead, Liu Hanyuan envisions energy storage becoming an integral part of smart grids and new power systems, playing a vital role in maintaining the balance between power generation and consumption. By combining the strengths of pumped hydropower storage and new energy storage, the comprehensive energy storage system will support the integration of renewable energy sources and drive the shift towards a low-carbon energy landscape in China.

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In his recommendations for the National Two Sessions, Liu Hanyuan calls for increased policy support for the construction of pumped hydro energy storage projects, the promotion of new energy storage initiatives, and the integration of electric vehicles into grid energy storage services. By implementing these measures, Liu Hanyuan aims to accelerate the development of a sustainable and efficient energy storage infrastructure that will power China’s transition to a low-carbon economy.

As the global community continues to grapple with the challenges of climate change, Liu Hanyuan’s advocacy for a comprehensive energy storage system reflects a commitment to fostering sustainable development and combating environmental degradation. Through collaborative efforts and innovative solutions, he hopes to pave the way for a greener and more resilient energy future for China and the world.

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