As an important regulating resource for the power system, new energy storage plays a crucial role in promoting the integration of a high share of new energy and ensuring the stable operation of the power system. Promoting the healthy development of new energy storage in the power system depends on rationally designing and improving policy mechanisms. Therefore, NRDC, in collaboration with the China Energy Storage Alliance (CNESA), focuses this research report on two aspects to promote the high-quality development of new energy storage: market mechanisms and business models. The research explores generation-side storage, independent grid-side storage, and user-side storage, and, drawing on the experience of international energy storage market mechanisms, proposes innovative recommendations for market mechanisms and business models for new energy storage. 

The report is only available in Chinese.