CATL Chairman: Energy storage should be included in national grid planning

In the past decade, lithium battery performance has tripled and costs have fallen by 90%, said Zeng Yuqun, a member of the National Committee of the Chinese People’s Political Consultative Conference and chairman and chief operating officer of Contemporary Amperex Technology Limited (CATL), in a proposal for the Two Sessions.

In the past decade, lithium battery performance has tripled and costs have fallen by 90%, said Zeng Yuqun, a member of the National Committee of the Chinese People’s Political Consultative Conference and chairman and chief operating officer of Contemporary Amperex Technology Limited (CATL), in a proposal for the Two Sessions.

However, there are still problems in policies and standards in the large-scale promotion of China’s electrochemical energy storage.

The government should strengthen the top-level design of the sector, incorporate energy storage into the national energy development plan, and clarify the legal status of energy storage.

It should also establish a price mechanism to incorporate grid-side energy storage that guarantees grid operation safety and transmission and distribution services into grid planning.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/24/catl-chairman-energy-storage-should-be-included-in-national-grid-planning/.

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