The report, jointly prepared by the NEA’s Department of Energy Conservation and Scientific and Technological Equipment and the China Electric Power Planning and Engineering Institute (EPPEI), details the NES sector’s significant growth in 2024 and outlines strategic priorities for 2025. [pdf]
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BloombergNEF and battery energy storage system provider Pylontech published a report on the residential battery energy storage market at the end of 2023. The full report is publicly available here. [pdf]
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With the proposal of the “carbon peak and neutrality” target, various new energy storage technologies are emerging. The development of energy storage in China is accelerating, which has extensively promoted the de. [pdf]
June 25, 2025 | Beijing, China — China Energy Engineering Group Co., Ltd. (CEEC), one of the country’s leading state-owned energy conglomerates, has officially opened the bidding for its 2025 centralized procurement of lithium iron phosphate (LFP) energy storage systems. [pdf]
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Focusing on China’s energy storage industry, this paper systematically reviews its development trajectory and current status, examines its diverse applications across the power supply and grid, including for users, and explores influencing factors such as energy price fluctuations, policy support, and market mechanisms. [pdf]
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The Battery Business Directory (BBD) is the world’s most comprehensive battery industry database, connecting professionals to over 2,300 verified companies across 15 supply chain segments—from raw materials and manufacturing to recycling and services. [pdf]
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According to CNESA, the cumulative installed capacity of new energy storage worldwide reached 45.7 GW in 2022, with annual new installations reaching 20.4 GW. China, Europe, and the US will continue to lead the global energy storage market in 2022, accounting for 86% of the global market. [pdf]
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In 2023, the Energy Policy and Planning Office (EPPO) partnered with relevant agencies to create an action plan promoting Thailand’s battery energy storage industry. Four key areas were targeted: production, usage, laws & standards, and research, development & personnel building. [pdf]
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Recently, during an investor research session, China Southern Power Grid Energy Storage stated that all nine of its currently operational electrochemical energy storage stations are demonstration projects, with a capital internal rate of return (IRR) of approximately 5%, indicating reliable and stable returns. [pdf]
Liquid fuels Natural gas Coal Nuclear Renewables (incl. hydroelectric) Source: EIA, Statista, KPMG analysis Depending on how energy is stored, storage technologies can be broadly divided into the following t. [pdf]
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