13th five-year energy storage plan

How has energy storage been developed?

Energy storage first passed through a technical verification phase during the 12th Five-year Plan period, followed by a second phase of project demonstrations and promotion during the 13th Five-year Plan period. These phases have laid a solid foundation for the development of technologies and applications for large-scale development.

What will the “fourteenth five-year plan” mean for energy storage?

During the “Fourteenth Five-year Plan” period, as the installed capacity of renewable energy continues to increase, so too will peak shaving demands, providing new opportunities for energy storage to become a main method of regulation.

How long will a 100 MWh energy storage system last?

During the 13th Five-Year Plan period, companies represented by CATL have achieved the demonstration of 100 MWh class energy storage system, with battery cycle life of more than 12000 times, an expected service life of more than 15 years, and a cost of less than 0.15 yuan/Wh.

Does energy storage have a new stage of development?

Just as planned in the Guiding Opinions on Promoting Energy Storage Technology and Industry Development, energy storage has now stepped out of the stage of early commercialization and entered a new stage of large-scale development.

How much oil will be produced during the 13th Five-Year Plan?

During the “13th Five-Year Plan” period, the newly increasing proven oil reserves will be about 5 billion tons, and the annual output should be about 200 million tons.

How many advanced batteries were developed during the 13th Five-Year Plan?

During the 13th Five-Year Plan, the Ministry of Science and Technology (China, in brief, MOST) formulated 27 projects on advanced batteries through six national key R&D programs (Table 1).