Title: National Energy Administration Discusses Emerging Energy Storage Technologies
The National Energy Administration recently held a press conference to discuss the latest developments in new energy storage technologies. Deputy director Bian Guangqi highlighted the continuous emergence of new technologies, emphasizing the diversification of the technical route. While lithium-ion battery energy storage remains dominant, other technologies such as compressed air energy storage, flow battery energy storage, and flywheel energy storage are rapidly developing.
Guangqi also provided insights into the progress of various energy storage projects, including the growth of megawatt-level compressed air energy storage projects and the commencement of flow battery energy storage projects. Additionally, new technologies such as gravity energy storage, liquid air energy storage, and carbon dioxide energy storage have been implemented, showcasing a diverse and evolving landscape in the energy storage sector.
According to the report, as of the end of 2023, the distribution of energy storage technologies is as follows: 97.4% of lithium-ion battery energy storage, 0.5% of lead-carbon battery energy storage, 0.5% of compressed air energy storage, 0.4% of flow battery energy storage, and 1.2% for other new energy storage technologies.
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