Will large-scale energy storage technologies play a vital role in China's future energy system?

Therefore, massive demand is anticipated for the implementation of large-scale (especially underground) energy storage technologies (Fig. 1 (b)), which will play a vital role in China’s future energy system. Fig. 1. (a) Electricity structure of China in 2021; (b) comparison of various energy storage technologies.

What will China's electricity consumption look like in 2060?

China’s share of electricity in its total energy consumption is estimated to increase from 26% in 2021 to more than 70% by 2060. By 2060, the national total electricity consumption will triple, and the power supply capacity will reach approximately 3.0 × 10 13 kW·h.

How big will China's natural gas storage capacity be by 2060?

According to the recent plans of related companies, China’s natural gas storage capacity by 2060 will reach a total working volume of 1.2 × 10 11 m 3, corresponding to 1.1 × 10 12 –1.2 × 10 12 kW·h. According to preliminary estimates, China’s large-scale UES will reach 4.8 × 10 12 –5.6 × 10 12 kW·h (80% of the total power storage demand) by 2060.

How can China achieve a successful energy transition?

Furthermore, implementing electrification and hydrogenation strategies to address energy consumption is necessary for a successful energy transition. China’s share of electricity in its total energy consumption is estimated to increase from 26% in 2021 to more than 70% by 2060.