NEW ENERGY EQUIPMENT AND ENERGY STORAGE TECHNOLOGY

New energy storage is listed as the main body of the field
Pumped storage is still the main body of energy storage, but the proportion of about 90% from 2020 to 59.4% by the end of 2023; the cumulative installed capacity of new type of energy storage, which refers to other types of energy storage in addition to pumped storage, is 34.5 GW/74.5 GWh (lithium‐ion batteries accounted for more than 94%), and the new incremental growth in 2023 is 260% year‐on‐year; the price of lithium‐ion batteries has dropped significantly.10–12 However, according to the data from China Electricity Council (CEC),the average annual utilisation hours of new energy storage in 2023 is 615 h, and the utilisation level is generally not high.10 Therefore, it is necessary to sort out the demands and challenges of energy storage technology to provide reference for the development of the energy storage industry. [pdf]

The difference between air cooling and liquid cooling of energy storage equipment
Liquid cooling systems remove heat through liquid circulation, with good heat dissipation effects, but at a high cost, and are suitable for high-power, high-density energy storage systems; air cooling systems remove heat through air flow, with a low cost, but the heat dissipation effect is greatly affected by the environment, and are suitable for medium and low power energy storage systems. [pdf]

Asia s new vanadium titanium energy storage battery base
The VRFB production base and Dunhuang vanadium industry chain project combines the advantages of Dunhuang vanadium ore resources and wind and solar resources with the patented technology of vanadium battery research and production of Chengde Xinxin Vanadium and Titanium Energy Storage Technology Co., Ltd., and plans to invest 1 billion Yuan in Dunhuang City to build a 1GW energy storage system production line for VRFB. [pdf]
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