China's New Energy Storage Scale to Exceed 370 Million Kilowatts by 2030

Wallstreetcn
2026.04.02 23:32

The "Energy Storage Industry Research White Paper 2026," released recently, indicates that by 2030, China's cumulative installed capacity of new energy storage will exceed 370 million kilowatts, a growth of more than 1.5 times compared to the end of the "14th Five-Year Plan" period. The white paper shows that as the proportion of new energy power generation continues to increase, the demand for long-duration regulation resources in the power system is becoming increasingly urgent. It is projected that by 2030, the average duration of China's cumulative installed capacity of new energy storage will approach 3.5 hours, opening an industrialization window for long-duration storage technologies such as flow batteries and compressed air. Energy storage is accelerating its leap from auxiliary regulation resources to a fundamental component of the power system. (CCTV News)

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