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One week energy storage information: industry hot spot tracking!


Release time:

2024-08-27

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National Policy and Highlights

 
National Development and Reform Commission and National Energy Administration "Implementation Plan for Large-scale Equipment Renewal in Key Energy Areas" (August 21)
By 2027, the scale of equipment investment in key energy areas will increase by more than 25% compared with 2023, focusing on promoting the implementation of the "three-change linkage" of energy-saving transformation, heating transformation and flexibility transformation of coal-fired power units, and equipment renewal and technological transformation in transmission and distribution, wind power, photovoltaic, hydropower and other fields. Establish and improve the charging infrastructure, new energy storage, hydrogen energy, power equipment and other fields of standard system, strengthen the energy industry standard supply and upgrade, improve equipment efficiency and reliability.
 
Local Policy and Highlights
 
01   Yunnan Regulatory Office of the National Energy Administration "Yunnan Electric Power Peak Adjustment Auxiliary Service Market Trading Rules (Trial) (Draft for Comments)" (August 14)

Independent energy storage peak adjustment auxiliary services participate in market transactions in the form of deep peak adjustment auxiliary services. The upper limit of the energy storage quotation shall not exceed 335.8 yuan/megawatt-hour. Independent energy storage power stations that independently participate in the quotation of independent energy storage peak adjustment auxiliary services shall report the maximum charging power and duration simultaneously.

 

02  The People's Government of Shengzhou City, Zhejiang Province, "Three-year Action Plan for High-quality Development of Shengzhou Distribution Network under the New Situation (2024-2026)" (August 14)

It is necessary to improve the load regulation capacity and promote the diversified development of energy storage. Strengthen policy support and incentives, formulate support policies for the development of the energy storage industry, improve the market mechanism, and ensure the reasonable benefits of energy storage projects. Encourage energy storage technology innovation to achieve cost reduction and efficiency. Promote the diversified development of energy storage business on the power generation side, grid side and user side, realize the optimization of energy structure, improve the regulation capacity of power system, and promote the consumption of new energy.

 

03  Henan Energy Supervision Office "Notice on Further Strengthening the Management of Power Generation Unit Grid-connected Operation and Auxiliary Service Management (Draft for Comment)" (August 15)

Power dispatching agencies should follow the principle of "on-demand call", reasonably call grid-connected main auxiliary services, power generation enterprises and new energy storage should strengthen operation and maintenance management, to ensure the provision of auxiliary services in line with the requirements of regulations and standards. Renewable energy generating units other than hydropower and independent new energy storage before entering commercial operation, grid-connected operation assessment and allocation of auxiliary service fees shall be carried out at 2 times, and the allocation standard shall not exceed 10% of the electricity revenue during the commissioning period of the current month. The current paid auxiliary services temporarily carry out paid reactive services, paid a FM service compensation. If the power generation enterprise builds or transforms the camera and provides paid reactive power service under the condition of phase adjustment, the compensation standard is tentatively set at 15 yuan/MVarh.

 

04  Henan Energy Regulatory Office "Notice on Further Strengthening the Management of Grid-connected Operation and Auxiliary Service Management of Generator Units (Draft for Comment)" (August 16)

The unified wind farm, photovoltaic power station and independent new energy storage are included in the power grid-connected operation and auxiliary service management from the date of the first unit or inverter grid-connected power generation.

 

05  Dongcheng District People's Government of Beijing "Dongcheng District Action Plan for Accelerating High-quality Construction of Silicon Alley (2024-2026)" (August 16)

Strengthen the two characteristic advantage industries. Digital entertainment: take the innovation and development of digital enabling cultural consumption as the main line, increase the innovation of digital entertainment products and services, and promote the deep integration and development of "cultural science and technology"; Digital intelligence energy: support the integration of energy technology and new generation information technology, develop complete sets of intelligent power transformation equipment, new energy storage equipment, etc., encourage new business operation modes of power energy services, and build energy Internet cloud platform and smart energy digital twin platform, achieve intelligent energy management.

6   The CPC Yunnan Chuxiong Prefecture Committee "Implementation Opinions on Further Deepening Reform and Promoting the Practice of Chinese Modernization in Chuxiong" (August 21)

We will promote the construction of an integrated clean energy base of "source network, load and storage" and build a demonstration base of 10 million kilowatts of integrated clean energy of "scenery, water, storage and marketing. We will improve the construction mechanism of pumped storage, compressed air energy storage, electrochemical energy storage and new energy storage power station, and promote the integrated development of "research, production and collection" of new energy batteries.

 

International dynamics

 
 
0 1   Texas Power Demand Record Due to Hot Weather (Aug. 20)

As homes and businesses in Texas turned on their air conditioners to cope with the hot weather, the state's electricity demand hit a record high on August 20. In recent years, Texas has seen a surge in population and is at the center of some energy-intensive industries such as data centers and cryptocurrency mining, which has increased electricity demand and added stress to its fragile grid. After breaking peak demand records several times in April and May, peak power demand in Texas reached 85,558.98 megawatts (MW) on Tuesday, surpassing the record of 85,508 MW set on Aug. 10, 2023, according to the Texas Electric Reliability Council.

 

0 2   Philippine government accelerates 4.5GWh "world's largest" solar energy allocation and storage project (recently)
The Philippine Board of Investment (BOI) has issued a "Green Channel Certificate" for the Terra Solar project, the world's largest solar storage project, to enable the project to move forward faster. The project plans to install 3,500MW of solar energy with 4,500MWh of battery storage. The project was developed by Terra Solar Philippines, Inc. (TSPI), which is jointly owned by independent power producer (IPP) SP New Energy Enterprises (SPNEC) and utility company Manila Electric Power Company (Meralco). The Terra Solar project covers an area of 3,500 hectares and is located in the provinces of Bulacan and Nova Ezetia, with an investment of 185 billion Philippine pesos (US $3.2 billion). In terms of the scale of solar and battery energy storage systems, the project will be the largest energy storage project in the world.
 
0 3   Swiss investment fund SUSI will build 3.5GWh independent energy storage project in Chile (recently)

Swiss investor SUSI Partners will fund the development of the 860MW/3.5GWh energy storage project in Chile. The deal will invest in 22 independent energy storage projects developed by BIWO Renewable Energy in central and southern Chile through its SUSI Energy Transition Fund (SETF). The first projects are expected to be ready for start-up in the first half of 2025. Each project energy storage duration is four hours

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