Abstract:

Against the backdrop of China's carbon peaking and carbon neutrality goals, new energy storage has become a key infrastructure and technology that supports the building of a new power system. It has gradually emerged as a strategic and competitive industry worldwide. While China's new energy storage industry leads in technology and market, the industry is undergoing a critical transition from the research and demonstration phase to large-scale deployment. In this regard, several key developmental challenges remain. These challenges require collective efforts and solutions. This study first reviewed the development status of the new energy storage industry, focusing on the characteristics and progress of the industry from policy, market, and technology viewpoints. It then analyzed the key challenges to the high-quality development of the industry, highlighting that low-quality, low-price competition has become the main limitation. Additionally, deficiencies in safety standards, market mechanisms, data sharing, and overseas compliance are areas that require further improvement. In light of these challenges, several policy recommendations and solutions are proposed considering the following five aspects: (1) safety and performance rating and evaluation mechanism, (2) grid-connection testing and verification and annual mandatory safety inspection, (3) capacity compensation mechanism and insurance product tailored to energy storage, (4) data management and industry-wide sharing, and (5) mutual recognition globally of green certificates and pilot projects of direct green power supply. These recommendations aim to provide some insights into the high-quality development of the industry.

Key words: new energy storage, high-quality development, safety standard, market mechanism, data sharing, overseas compliance