Yan Qin Profile picture
21 Apr, 7 tweets, 3 min read
🔋China to boost Energy Storage above 30GW by 2025

🇨🇳 state planner NDRC released draft 'Guidelines on Speeding up New Types of Energy Storage (excl. pumped storage) Deployment'

That is tenfold increase in Battery Storage capacity from 2020 level of 3.3GW
The draft NDRC guideline states key targets:

2025: New Type of Energy Storage will evolve from initial commercial stage to large-scale deployment.

2030: Full market-based mechanism for Energy Storage 🔋, meeting needs in New Power System.
🇨🇳energy regulators pinned main measures to boost #EnergyStorage in draft guideline:

🔹Energy Storage sectoral Plan, with targets and key tasks in 14FYP and mid-long term
🔹🔋Technology progress
🔹Energy storage joins power market incl. capacity mechanism
The draft guideline highlights Power Market as main mechanism to incentivize 🔋, supplemented by policy.

-Establish Capacity mechanism on grid side
-Explore to include storage costs into transmission and distribution tariff
-Peak-Valley power price
This new draft guideline provides more concrete measures on how China will develop Energy Storage to achieve 'Power Generation-Grid-Load-Storage Integration'.

'Guideline on power system integration' by energy regulators from March:
All in all, the NDRC/NEA draft guideline on accelerating Energy Storage will also help to boost sentiment among project developers in China now,,, which was hit by the fire accident at a Beijing energy storage site on 16 April.
xinhuanet.com/english/2021-0…
Is the 30GW battery storage by 2025 an ambitious target?

It means significant buildout must be carried out in next five years.

🇨🇳EPPEI expected Energy Storage (excl. pumped) to reach 30-50GW by 2025, 150GW by 2030, 1000GW for achieving #carbonneutral

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More from @YanQinyq

19 Apr
🎉Strong boost for Wind and Solar development in China.

🇨🇳energy regulator NEA aims to raise Wind & Solar generation's share in total power consumption to 11% in 2021 and 16.5% in 2025, from 9.7% in 2020.

This implies adding 100GW Wind&Solar per year. Image
China National Energy Administration released draft Notice on Wind and Solar Development in 2021 for consultation.

The overall objective is to 'achieve 2030 targets of 25% non-fossil share and 1200GW Wind and Solar capacity'

NEA: nea.gov.cn/2021-04/19/c_1… Image
How can China ensure the massive scale of Wind and Solar integrated into power system?

It is quite clear now that 'Provincial RE Quota Obligation' is the central mechanism to implement and facilitate RE integration, supplemented by Green Certificate etc. Image
Read 5 tweets
17 Mar
👇Power trading in China

🇨🇳energy regulator announced 5 new Spot trading pilots, adding to previous 8 pilots since 2017.

In 2020, 8 pilots have all tested full-month continuous settlement, and will start with longer period trial spot trading this year.
NDRC announced the expansion of spot trading pilots at spot market weekly work meeting on 9 March.

In addition to 5 new pilots, it also aim to build regional power markets in Beijing-Tianjin-Hebei and Southern (led by Guangdong).

shoudian.bjx.com.cn/html/20210317/…
Total generating capacity in the 13 spot trading pilots will account for more than half of China's power fleet.

=1275 GW ( incl. 800 thermal, 150 wind, 130 solar)

That said, not all types of generators are allowed in the pilot spot trading.
Read 5 tweets
8 Mar
⚡️ China Nuclear power capacity Outlook:

2025: 70 GW, from draft 14th Five-Year plan

2030: 110 GW, China Nuclear Energy Association
2035: 180 GW, CNCC proposal
2050: 327 GW, Tsinghua ICCSD low carbon scenarios
🇨🇳Nuclear power plants locate mostly in coastal regions.

By Dec. 2020, there are 48 reactors with total operating capacity of 49.89 GW according to CEC.

Note some put capacity at 51 GW, depends on whether testing capacities are counted (I was told so...)
🇨🇳2021 Government Work Report states 'Safely and Orderly development of nuclear power', most positive tone in near 10 years...

China 14th FYP sets target of 70 GW nuclear capacity by 2025:
'Safely and steady development of coastal nuclear plants'
Read 12 tweets

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