┬áChina aims to install more than 30 gigawatts (GW) of new energy storage capacity by 2025, its state planner said on Friday, as part of efforts to boost renewable power consumption while ensuring stable operation of the electric grid system. New energy storage refers to electricity storage processes that use electrochemical, compressed air, flywheel and super capacitor systems but not pumped hydro, which uses water stored behind dams to generate electricity when needed. China has total energy storage capacity of about 35 GW as of 2020, of which only 3.3 GW was new energy storage, according to the China Energy Storage Alliance. “Pumped hydro energy storage and new energy storage are significant technologies and basic equipment to support new power systems,” […]