(Yicai Global) Dec. 14 — Most energy storage firms in China will be able to register with the local spot electricity market, opening the way for them to trade power as independent players, according to new guidelines from the Beijing Power Exchange Center.
Released on Dec. 12, the guidelines classify energy storage businesses separately from traditional market players such as electricity generators, sellers, and users. Most, except the more traditional pumped storage power station operators, will be eligible to register.
The new guidelines get energy storage firms through the last mile on their way to joining the electricity market independently, which is very important to make sure that their projects make continuous, stable and reasonable revenues, Wang Yongli, deputy director of the Energy Internet Research Center of North China Electric Power University, told Yicai Global.
Until…
New Rules Pave Way for Energy Storage Firms to Enter China’s Power Trading Market
