INSIGHT: China new energy storage capacity to surge by 2030
The cumulative installed capacity of new energy storage in China is expected to exceed 100 gigawatts (GW) by 2025, according to the Energy Storage Industry Research
China, which already boasts the world's largest energy-storage capacity, is set to nearly double that level by 2027, with an anticipated investment of 250 billion yuan (US$35 billion), according to Beijing's latest action plan.
BEIJING, Sept. 12 -- China on Friday unveiled an action plan to promote the development of new forms of energy storage between 2025 and 2027, amid efforts to support green energy transition and ensure the stability of new-type power systems.
The plan's target represents a significant scaling up, even for the world's leading adopter and producer of energy storage technologies. According to official National Energy Administration data from its recent 'China new energy storage development report 2025,' the country's installed base at the end of 2024 totalled 73.8GW/168GWh.
The plan outlined 21 key measures, including scaling up energy storage applications in power generation and grid infrastructure, accelerating technological innovation, and improving standardization. It also emphasized talent development and enhancing international cooperation in the sector.
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