echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > Chemical Technology > The new power reform may bring huge business opportunities to China's compressed air energy storage technology

    The new power reform may bring huge business opportunities to China's compressed air energy storage technology

    • Last Update: 2022-11-17
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Today, China's energy intensity is twice the world average, so it is necessary to carry out energy transition and develop renewable energy
    .
    Energy storage technology is a key technology to support the integration of high proportion of renewable energy into the grid, and compressed air energy storage technology is particularly important
    as a large-scale energy storage technology.

    Compressed air energy storage technology has attracted much attention
    from the industry as an energy storage technology with the largest capacity and the most mature technology in addition to pumped storage.
    In 2013, the Institute of Engineering Thermophysics of the Chinese Academy of Sciences successfully developed the first 1.
    5 MW-level supercritical compressed air energy storage system with independent intellectual property rights in China, which is more than 10% more efficient than the traditional compressed air energy storage system, which is an important breakthrough in the field of compressed air energy storage technology in China and opens up development space
    for grid-level energy storage applications.
    This also marks another step
    towards the industrialization of compressed air energy storage technology.

    It is reported that by the end of 2013, the patents related to compressed air energy storage technology owned by engineering thermophysics of the Chinese Academy of Sciences ranked first among global scientific research institutions and have become a veritable leader in this field
    .
    In terms of technology, energy storage is an inevitable product
    of the industrial revolution and energy transformation.
    The energy storage industry is about to usher in new development opportunities
    .

    The ten-year stagnant electric power reform has begun, "liberalizing the two ends, supervising the middle", and building a power trading market is the ultimate direction of the power reform, and fair regional power trading will bring huge market potential and business opportunities
    to compressed air energy storage technology.

    Today, China's energy intensity is twice the world average, so it is necessary to carry out energy transition and develop renewable energy
    .
    Energy storage technology is a key technology to support the integration of high proportion of renewable energy into the grid, and compressed air energy storage technology is particularly important
    as a large-scale energy storage technology.

    Compressed air energy storage technology

    Compressed air energy storage technology has attracted much attention
    from the industry as an energy storage technology with the largest capacity and the most mature technology in addition to pumped storage.
    In 2013, the Institute of Engineering Thermophysics of the Chinese Academy of Sciences successfully developed the first 1.
    5 MW-level supercritical compressed air energy storage system with independent intellectual property rights in China, which is more than 10% more efficient than the traditional compressed air energy storage system, which is an important breakthrough in the field of compressed air energy storage technology in China and opens up development space
    for grid-level energy storage applications.
    This also marks another step
    towards the industrialization of compressed air energy storage technology.

    It is reported that by the end of 2013, the patents related to compressed air energy storage technology owned by engineering thermophysics of the Chinese Academy of Sciences ranked first among global scientific research institutions and have become a veritable leader in this field
    .
    In terms of technology, energy storage is an inevitable product
    of the industrial revolution and energy transformation.
    The energy storage industry is about to usher in new development opportunities
    .

    The ten-year stagnant electric power reform has begun, "liberalizing the two ends, supervising the middle", and building a power trading market is the ultimate direction of the power reform, and fair regional power trading will bring huge market potential and business opportunities
    to compressed air energy storage technology.

    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.