New Energy Storage Duration

How long do energy storage systems last?

The average storage duration of new energy storage systems reached 2.3 hours, an increase of approximately 0.2 hours compared to the end of 2023. Operational efficiency also improved, with equivalent utilization hours of approximately 1,000 hours in 2024, according to statistics from grid enterprises.

What is 'developing new energy storage' in 2024?

In 2024, "developing new energy storage" was included in the government work report for the first time. The recently enacted Energy Law of the People's Republic of China stipulates the promotion of high-quality development of new energy storage and the role of various storage technologies in regulating the power system.

Will the energy storage industry thrive in the next stage?

The energy storage industry is going through a critical period of transition from the early commercial stage to development on a large scale. Whether it can thrive in the next stage depends on its economics.

Are long-duration energy-storage technologies a stabilizer for new power systems?

Citation: Han M., Zheng K., Hu H., et al. (2025). Long-duration energy-storage technologies: A stabilizer for new power systems. The Innovation Energy 2:100077. Against the backdrop of realizing the target of “carbon peak and carbon neutrality”, renewable energy sources such as wind and solar power have developed rapidly.