echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > Petrochemical News > Monthly report on energy storage policy in May: It is clearly proposed to establish a demonstration project of energy storage price mechanism and set off a regional upsurge again

    Monthly report on energy storage policy in May: It is clearly proposed to establish a demonstration project of energy storage price mechanism and set off a regional upsurge again

    • Last Update: 2021-07-20
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    At present, policy and market environment are the key to promoting the development of China's energy storage industry
    .
    In the new stage of the "14th Five-Year Plan" development, the key position of energy storage in the construction of China's energy system in the future has become more and more prominent.
    In the face of the demand for commercialization and large-scale development of energy storage, the Energy Storage Alliance has been working hard to collaborate with alliance member companies Actively guide the improvement of energy storage policies and the market environment
    .
    Since March 2020, the Zhongguancun Energy Storage Industry Technology Alliance will share information on direct support policies for energy storage with industry colleagues on a monthly basis.
    It is hoped that all parties will discuss with the Energy Storage Alliance to promote policy research and hope to support the development of energy storage in various application fields.
    The supporting policies of China will be released as soon as possible
    .


    It is clearly proposed to establish a demonstration project of energy storage price mechanism to set off a regional upsurge.


    On April 30, the National Development and Reform Commission issued the "Opinions on Further Improving the Price Formation Mechanism of Pumped Storage", and the "About the Fourteenth Five-Year Plan" issued by the National Development and Reform Commission in May.
    In the Notice of Action Plan to Deepen the Reform of the Price Mechanism in the Period, it is clearly stated that “implement the newly introduced pumped storage price mechanism, establish a new type of energy storage price mechanism, and promote the development of new energy and related energy storage industries
    .
    ” This is the national For the first time, the policy document clearly proposed the establishment of a new energy storage price mechanism
    .
    Combining the two documents, the establishment of a new energy storage price mechanism with reference to pumped storage power prices has a significant impact on the investment and operation of independent energy storage power stations
    .


    The "Opinions on Further Improving the Price Formation Mechanism of Pumped Storage" clarifies the value of pumped storage for various auxiliary services of the power system, and clarifies that the electricity price is formed by market competition, and the capacity electricity price is included in the transmission and distribution price for recovery, but not as The principle that the components of the transmission and distribution price are not included in the cost of the transmission and distribution price
    .
    At the same time, the "Opinions" proposes that the benefits of pumped-storage power plants in the market should be deducted when the electricity price is approved, and allow pumped-storage power plants to retain 20% of the market’s revenue for incentives, reflecting the orientation of market-oriented reforms.

    .
    According to standard pumped storage, new power storage can currently participate in the mid- to long-term, spot and ancillary service markets.
    Although it can be profitable in the ancillary service market in some regions, it is difficult to obtain relatively stable, Reasonable income
    .
    Therefore, although the "Opinions" is not yet a pricing method for pumped storage, it has clarified the principles and ideas for the electricity price policy of energy storage.
    In the future, combined with the reform of the power system and the gradual improvement of the power market, we believe that it will be possible during the 14th Five-Year Plan period.
    Establish a reasonable price mechanism for energy storage
    .


    On May 7, Shandong Provincial Energy Administration initiated the application for energy storage demonstration projects.
    With reference to the “Energy Storage Implementation Opinions” issued by Shandong in March, energy storage demonstration projects benefited by participating in peak shaving and frequency modulation auxiliary service markets on the one hand, and on the other One aspect is to obtain a priority power generation plan, combined with the principle of building or renting energy storage facilities at a ratio of not less than 10% for new energy stations in Shandong, and can be tilted in terms of priority grid connection and priority deployment of new energy stations
    .
    According to the publicity list of demonstration projects, there are currently 5 peak shaving projects, 2 frequency modulation projects, and energy storage projects with a total scale of 510MW/841MWh are included in the demonstration
    .
    According to current policy conditions, the income of peak shaving projects mainly depends on the number of power plant calls.
    The priority power generation plan needs to be bound with power generation companies.
    It is difficult for energy storage power stations to independently calculate this part of the income.
    Therefore, the investor of this demonstration project uses power generation Enterprises are the main ones, and only one is invested by State Grid Shandong Comprehensive Energy
    .
    The alliance learned through research that the current demand for peak shaving in Shandong Province is large.
    During the 14th Five-Year Plan period, combined with the rapid development of new energy, large-capacity and long-term energy storage is urgently needed as a flexible resource, and it is expected to include system climbing and backup.
    In the ancillary service market, a compensation mechanism for peak shaving prices during and during non-operating periods of the spot market will be formulated
    .
    In the recently released "Fourteenth Five-Year Plan for Energy Development in Shandong Province (Draft for Comment)", energy storage is regarded as a new industry and new business format to cultivate and grow.
    It is expected that through the continuous improvement of Shandong’s power market, it will drive the development of Shandong’s energy storage industry.
    Scale development
    .


      The Zhejiang Provincial Regulatory Office issued the "Zhejiang Third Party Independent Entities Participating in Power Auxiliary Service Market Transaction Rules (Trial) (Draft for Comment)", which is the first domestic policy for third party independent entities to participate in the ancillary service market.
    Compared with previous places in North China According to the policy, independent third-party entities can participate in a variety of auxiliary services such as primary and secondary frequency modulation, peak shaving, and spinning reserve, and various compensation prices have been clarified
    .
    In combination with the recent tender announcement of the 50MW/100MWh Phase I of the Energy Storage Power Station of Zheneng Xiaoshan Power Plant, the Xiaoshan Energy Storage Power Station is scheduled to be put into operation in September this year and will participate in the Zhejiang auxiliary service market as an independent entity.
    This project is to effectively utilize decommissioned power plants to transform energy storage.
    Power stations explore new business models
    .
    The Zhejiang policy has further deepened the reform of the auxiliary service market, clarified the way that market-oriented users share the cost of auxiliary services, and listed them in the bill for settlement expenses, and listed the calculation method of the baseline load of energy storage users
    .


      In addition to the above policies, the Ministry of Science and Technology of the People's Republic of China officially issued the "Energy Storage and Smart Grid Technology" Key Special Project Application Guidelines for 2021.
    Focusing on the key research and development projects of the Ministry of Science and Technology, power grid companies, power generation companies, energy storage companies, and scientific research institutes Formed a team and launched fierce competition, striving to occupy the commanding heights of energy storage technology innovation during the "14th Five-Year Plan" period
    .


      The notice issued by the National Development and Reform Commission of the "Implementation Plan for the Promotion of Educational Power in the Period of the 14th Five-Year Plan", combined with the construction of energy storage disciplines, emphasizes the deployment of an innovation platform for the integration of energy storage, production and education, and combined with the construction of "double first-class", since 2021 The central budget will be allocated to provide policy and funding guarantees for the construction of energy storage disciplines.
    This policy has laid the foundation for the long-term development of energy storage technology and industry
    .


      The eight ministries and commissions jointly issued by the Ministry of Ecology and Environment, the Ministry of Commerce, the Development and Reform Commission, the Ministry of Housing and Urban-Rural Development, the People’s Bank of China, the General Administration of Customs, the National Energy Administration, and the National Forestry and Grassland Administration "Guiding Opinions on Quality Development" proposes a pilot application to promote the large-scale and industrialization of energy storage in the free trade zone
    .
    It can be combined with source-network-load-storage integration projects, comprehensive energy utilization projects, and infrastructure construction such as transportation and logistics in the free trade zone to promote the application of energy storage in multiple scenarios
    .
    It can also cooperate with energy service providers in the free trade zone in combination with the electricity and energy facilities in the newly built free trade zone
    .


      At the local level, Ningxia, Gansu, Shanxi, Shandong, Hebei and other places have included energy storage in the national economic and social development plan, energy development plan, power development plan, and the promotion of new energy industry development during the "14th Five-Year Plan" period.
    Among the policies, Ningxia issued the "Notice on Accelerating the Healthy and Orderly Development of Energy Storage in the Autonomous Region (Draft for Soliciting Comments)" opinions
    .
    Renewable energy allocation of energy storage is still a policy hotspot.
    Guangxi and Fujian have issued allocation policies for various regions.
    Among them, Guangxi has innovatively adopted a scoring method to give greater weight to the allocation of energy storage
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.