Summary of Energy Storage Related Policies in 2024

In 2024, the energy storage policy will continue to be strengthened, and the energy storage industry will surely usher in a new development in 2024. This article brings you energy storage related policies released by various regions in January and February 2024 for reference. Recently, Anhui Province issued a notice on "Several Policy Measures to Accelerate the Construction of Photovoltaic Power Generation Projects" (hereinafter referred to as the "Notice") in Wuhu, Anhui Province. The notice aims to accelerate the selection, construction, grid connection, and consumption of photovoltaic power generation projects, encourage the use of unused land and existing construction land to develop the photovoltaic power generation industry, and continue to support the construction of energy storage projects. For energy storage projects completed and connected to the grid between January 1, 2024 and December 31, 2025, a subsidy of 0.3 yuan/kWh will be given based on the amount of discharge, with a subsidy period of 3 years. The maximum annual subsidy for a single project is 1 million yuan. On January 2, Shandong Province, the People's Government of Shandong Province issued the policy list (first batch) for "promoting economic consolidation and improving, accelerating green, low-carbon and high-quality development" in 2024, which mentioned that for independent energy storage demonstration projects and long-term energy storage projects listed as pilot projects, the capacity compensation fee for participating in the electricity market will be temporarily implemented at twice the monthly available capacity compensation standard in the electricity market rules; Among them, the capacity compensation for long-term energy storage projects is not enjoyed simultaneously with policies such as independent energy storage demonstration projects. The policy also mentions optimizing the configuration of offshore photovoltaic energy storage. Offshore photovoltaic projects that are completed and connected to the grid by the end of 2025 will be exempt from configuring energy storage facilities; After 2025, for grid connected projects, energy storage facilities should be configured at a ratio of no less than 20% and 2 hours. This can be achieved through the construction of additional energy storage facilities, the construction or leasing of independent energy storage facilities, hydrogen production, etc. Among them, newly built independent energy storage facilities that meet the conditions can be prioritized for inclusion in the provincial new energy storage project library. On January 5th, the People's Government of Dali Bai Autonomous Prefecture, Yunnan Province, issued a competitive allocation announcement for photovoltaic projects in Dali Prefecture for the year 2023. The announcement clearly stated that photovoltaic power generation projects will be allocated and regulated resources based on 10% of installed capacity, which will be coordinated by the State Development and Reform Commission and the State Energy Bureau. This can be achieved through self built new energy storage facilities, purchasing shared energy storage services, and purchasing coal-fired power generation system regulation services. On January 9th, Jiangxi Province Energy Bureau issued a notice on the issuance of the "Jiangxi Province New Energy Storage Development Plan (2024-2030)". The Notice states that the energy storage capacity of newly built new energy projects shall not be less than 10% of the installed capacity of new energy, and the energy storage time shall not be less than 2 hours. Adjust the "new energy+energy storage" construction policy in a timely manner based on the peak shaving demand of the power system in Jiangxi Province. Through competitive selection of new energy projects, the promised energy storage projects will be automatically included in the planning. On January 16th, Bao'an District People's Government of Shenzhen issued a notice on measures to promote the high-quality development of the new energy industry in Bao'an District. The document clearly states that this measure focuses on supporting energy-saving and environmentally friendly silicon materials, next-generation crystalline silicon cells (Topcon, HJT, XBC), thin-film solar cells, advanced inverter technology, and other fields in the photovoltaic industry; The new energy storage industry is oriented towards advanced energy storage technologies (such as new lithium-ion batteries, sodium salt batteries, sodium ion batteries, flow batteries, solid-state batteries, supercapacitors, etc.) in the fields of raw materials, components (IGBT, MOSFET, DSP chips, etc.), cell modules, battery management systems, energy management systems, system integration, etc; Flexible AC/DC distribution, intelligent microgrid, liquid cooled supercharging and other fields of smart grid; The fields of integrated energy services include virtual power plants, vehicle network interaction, integration of source, network, load, and storage, integration of direct and flexible light storage, and integration of light storage and charging; The fields of hydrogen production, storage and transportation, proton exchange membrane fuel cell system core materials and components in the hydrogen energy industry; And other cutting-edge technological fields in the above-mentioned industries. The document proposes to support the development of new energy storage demonstration projects. Steadily expanding the demonstration application of advanced energy storage projects and optimizing the construction of energy storage business models. Encourage enterprises to carry out demonstration projects of energy storage integration on the grid side and user side, focusing on application scenarios such as power transmission and distribution facilities, big data centers, 5G base stations, charging facilities, and industrial and commercial parks within the scope of this area. For electrochemical energy storage projects that have been connected to the grid and have an actual investment of more than 5 million yuan, if the energy storage configuration time is not less than 2 hours, a subsidy of 200 yuan/kWh will be given according to the installed capacity of the energy storage facilities, with a maximum subsidy of 3 million yuan for a single project. On January 23, the People's Government of Qingdao, Shandong Province, issued a notice on the issuance of the first batch of policy lists for "promoting economic consolidation and improvement, accelerating green, low-carbon and high-quality development" in Qingdao in 2024. The document proposes optimizing the configuration of offshore photovoltaic energy storage, and exempting offshore photovoltaic projects that are connected to the grid by the end of 2025 from the need for energy storage facilities; After 2025, for grid connected projects, energy storage facilities should be configured at a ratio of no less than 20% and 2 hours. This can be achieved through the construction of additional energy storage facilities, the construction or leasing of independent energy storage facilities, hydrogen production, etc. Among them, newly built independent energy storage facilities that meet the conditions can be prioritized for inclusion in the provincial new energy storage project library. On January 29th, Beijing Municipal Urban Management Commission and other departments issued a notice on the issuance of the "Beijing New Energy Storage Power Station Construction Management Measures (Trial)". This document is applicable to the planning, filing, approval, design, construction, acceptance and other related work of new energy storage power stations (excluding pumped storage) with a capacity of not less than 500 kilowatts or 500 kilowatt hours. Distributed electrochemical energy storage devices with characteristics of electric energy storage systems and an energy of 100 kWh or more shall be implemented in accordance with this method. The document specifies that for new energy storage power stations with a power of 5 megawatts or more (excluding user side), the construction unit shall submit a quality supervision registration application to the power construction engineering quality supervision agency before the project starts. The quality supervision of new energy storage power stations with a power of less than 5 megawatts shall be separately stipulated by relevant government departments. In terms of project equipment management, the document clearly states that the construction unit should conduct on-site inspections or supervision of major equipment such as batteries and inverters to ensure that the relevant products meet national and industry standards for safety performance and technical requirements. On February 18th, Dongyang City, Zhejiang Province, the Development and Reform Bureau of Dongyang City issued the "Implementation Opinions on Supporting the Development of Distributed Photovoltaic and New Energy Storage in Dongyang City (Draft for Comments)". The document proposes to strongly support the construction of new energy storage projects. For user side energy storage, distributed light storage, and integrated light storage and charging projects registered and accepted for construction and operation in Dongyang from January 1, 2024 to December 31, 2026, with an energy storage system capacity of not less than 200 kW/400 kWh, a one-time construction subsidy of 50 yuan/kW will be given according to the installed capacity of the energy storage facility. The maximum subsidy amount for a single project shall not exceed 100000 yuan. Encourage newly constructed non residential distributed photovoltaic power generation projects to be equipped with energy storage systems at least 10% of their installed capacity. The user side energy storage, distributed photovoltaic storage, photovoltaic storage and charging integration projects put into operation by state-owned enterprises only enjoy special subsidies from the higher-level finance, and the municipal finance will not provide additional subsidies. On February 18th, the Energy and Key Projects Bureau of Huizhou City, Guangdong Province, issued the "Implementation Rules for the Management of Funds (Supporting Application Direction) to Promote the High Quality Development of New Energy Storage Industry in Huizhou City". The detailed rules propose that in terms of support scope, targets, and methods, national or provincial energy storage demonstration projects will be given a one-time reward through post subsidy. The maximum reward for a single project will be 5 million yuan, determined based on the list of national or provincial energy storage demonstration projects in the previous year. In 2023, new energy storage power station projects will be put into operation, and a one-time reward will be given through post subsidy. The post subsidy will be determined based on the grid connection time node and discharge capacity, and the investment subject will be given no less than 0.15 yuan/kWh. The maximum reward for a single project is 3 million yuan. On February 23, the People's Government of Huiyang District, Huizhou City, Guangdong Province issued the "Several Measures to Support the High Quality Development of the Real Economy in Huiyang District, Huizhou City (2024 Revised Edition)". It has been clarified that for newly built and connected industrial and commercial energy storage projects with an installed capacity of 1 megawatt hour or more, the district finance will provide a discharge subsidy of 0.2 yuan/kilowatt from the second month of grid connection operation, with a subsidy period not exceeding 2 years and a cumulative subsidy of no more than 300000 yuan per project. On February 20th, the People's Government of Anhui Province issued a notice on several policy measures to consolidate and enhance the positive trend of economic recovery in the Guangdong Huizhou energy storage project of Guriwatt. The document proposes that the provincial finance allocate special funds to support the construction of advanced photovoltaic and new energy storage industry clusters. We will coordinate policies and funds for the digital transformation of the provincial manufacturing industry, and provide a subsidy of 10 million yuan to newly recognized national and world-class advanced manufacturing clusters, and 5 million yuan to provincial-level advanced manufacturing clusters, to support industrial technology innovation entity projects and public service platform construction of cluster enterprises. Recently, the Industrial and Information Technology Bureau of Lianyungang City, Jiangsu Province, issued the "Several Policy Measures to Support the Development of New Energy Storage Industry in Lianyungang City (Draft for Comments)". The document mentions accelerating the construction of the project. Support existing enterprises to increase capital and expand production around the new energy storage industry chain in this city, with a focus on attracting manufacturing enterprises in the field of new energy storage. For major projects in the new energy storage field with high technological content and strong driving effects, such as energy storage batteries, battery management systems, hydrogen energy storage, etc., each county and district (functional sector) will adopt a "one case, one discussion" and "one enterprise, one policy" approach to provide key support in land use, energy use, environmental protection, finance, etc. For equipment investment exceeding 100 million yuan in the current period, after its completion and operation, a subsidy of no more than 10% of the recognized equipment investment amount will be given, with a maximum of 20 million yuan per enterprise. Support enterprise technological transformation. Support new energy storage enterprises to introduce and purchase advanced equipment, carry out intelligent and green technology transformation and upgrading, and give subsidies of no more than 10% of the equipment investment in the warehouse, up to 5 million yuan, to technical transformation projects that enter the fixed assets investment project library of the statistics department and implement equipment investment of more than 10 million yuan in a single project that year. Support key technological breakthroughs. Encourage new energy storage enterprises to focus on the key links in the industry chain and carry out unveiling and research, solve the bottleneck problem of key core technologies in the industry, and focus on supporting enterprises to accelerate the research and development of key technologies, key components, key materials, and major equipment in cutting-edge key fields such as lithium-ion batteries, sodium ion batteries, vanadium flow batteries, and hydrogen energy storage. For projects undertaking national core technology research and development, support will be provided at a rate not exceeding 50% of the national allocated funds, with a maximum of 5 million yuan per project. For projects undertaking provincial-level core technology research and development, support will be provided at a rate not exceeding 30% of the provincial allocated funds, with a maximum of 2 million yuan per project. On February 19th, Kunshan City, Jiangsu Province, the Development and Reform Commission of Kunshan City issued a public notice on "Several Policy Measures (Trial) for Promoting High Quality Development of Green and Low Carbon Industries (Draft for Comments)". Among them, it is proposed to support the application of low-carbon advanced technologies, with a focus on supporting the layout and construction of energy storage facilities on the power supply and grid sides, encouraging diversified application of energy storage on the user side such as industrial enterprises, data centers, and industrial parks, and accelerating the construction of a number of technologically advanced, standardized management, and strong driving force for local industrial development integrated demonstration projects for solar (hydrogen) storage and charging. Carry out a comprehensive investigation of adjustable power loads, guide the integration of adjustable loads into the load aggregation management platform, and provide electricity price subsidies to those who participate in demand response according to regulations. Accelerate the cultivation of new renewable energy technologies, models, and formats, support new and efficient photovoltaic cell technologies, new energy and energy storage network technologies, high proportion green energy demonstration parks (districts) for supply and use, and village and town new energy micro energy networks. Enterprises that have won national renewable energy demonstration projects will be rewarded with 1 million yuan. Recently, the Management Committee of the Lingang New Area of the China (Shanghai) Pilot Free Trade Zone issued the "Implementation Plan for Promoting New Energy Storage Demonstration Applications and Leading Industrial Innovation and Development in the Lingang New Area of the China (Shanghai) Pilot Free Trade Zone". The plan points out to support the high-quality development and market-oriented operation of new energy storage. For a new user side energy storage project with progressiveness technology and industry driving power, and providing high-quality solutions for typical application scenarios (the project should be put into operation from 2024 to 2026, with an installed capacity of no less than 1MWh, a full capacity discharge duration of no less than 2h, and an annual charge and discharge frequency of no less than 450 times), a reward of 200 yuan/kWh will be given according to the scale of the project's installed capacity, and the reward will be distributed in three years, with a maximum of 5 million yuan for a single project. In addition, the Plan also proposes to support the construction of new energy storage industry projects guided by strategic planning and forward-looking layout. Provide support at a rate of 10% of the newly added investment in the project, with an amount not exceeding 100 million yuan. Projects that play a significant role in driving the industrial ecological chain shall not exceed 1 billion yuan. Support effective breakthroughs in key core technologies and disruptive technologies for the new energy storage industry. Support will be provided at a ratio of 10% -30% of the newly added investment in the project. The support amount for general projects will not exceed 10 million yuan, the support amount for key projects will not exceed 30 million yuan, and the support amount for particularly significant breakthrough and disruptive technology projects will not exceed 50 million yuan. Support the first breakthrough in major technological equipment and core components for the new energy storage industry. For projects rated as the first international equipment, support will be provided up to 20% of the contract amount, with a maximum amount not exceeding 30 million yuan; For projects rated as the first domestic equipment, support will be provided up to 10% of the contract amount, with a maximum amount not exceeding 20 million yuan.