TECH - China's Bold New Energy Strategy: NEVs To Provide Tens Of Millions Of Kilowatts To The Grid | Benzinga
In a bid to optimize its grid system, China has rolled out guidelines to utilize the capabilities of New Energy Vehicles (NEVs) as mobile energy storage facilities.
What Happened: As reported by the CnEVPost, China’s objective is to bring NEVs to the forefront of the energy storage system by 2030, thereby contributing tens of millions of kilowatts of regulatory capacity to the power system. The directives were issued by four governmental bodies, inclusive of the National Development and Reform Commission (NDRC).
By 2025, China intends to set up a technical standard system for vehicle-grid interaction, fully implementing a tariff mechanism for charging during idle hours. The plan also includes a target to ensure over 60% of the annual charging power in participant cities and above 80% of the power in private charging piles during idle times by 2025.
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