According to the latest China’s 12th Five-Year-Plan (FYP) of Renewable Energy Development, the development goals have been raised with the installed capacity of wind power from 90GW to 100GW and solar power from 5GW to 10GW. In the past two years, although the rapid growth of renewable energy has been slowed by the global economic recession, China Government will be actively supporting renewable energy development as always. The main bottleneck of renewable energy development is the integration into the grid. To provide better channels for renewable energy transmission, distribution and consumption，China will invest 2 trillion RMB (about $308 billion U.S.) to build-out the basic structure of a robust smart grid.
Since the former standards on wind farm integration lack the mandatory force of constraint from the government, the integration problem hasn’t been solved at root. Last year there have been 200+ dropout accidents of wind farm, of which 12 are large-scale ones. So as to improve the reliability and stability of wind power generation, February the Standardization Administration of China formally approved the release of the new national standard requesting more and even stricter standards on LVRT, active power control, reactive power compensation capability of wind turbine and testing of connection. It will take effect on 1st of June and push forward the integration of the industry. Overseas suppliers for advanced technology and equipment definitely shouldn’t miss this great chance to seek business in China.
Energy storage is the key solution for power grid and renewable energy, generation, transmission, distribution and user sides would all benefit from its application. However, the energy storage industry has also been facing the challenges from technologies, application and policy. Many new technologies of energy storage still need to be tested and verified in maturity, reliability and economy. To maximize the efficiency for the integration of energy storage system in utility-scale and to realize the industrialization for the industry would be the focus. We need the clear profit mechanism and related policy, law, regulation for the healthy，rapid and stable development.
China Clean Energy Grid Integration Summit 2012 is gathering together Government, Power Grid Companies, Power Generation Companies/Investors, Power Plants and Energy Storage Plants Developers/Operators, EPC Contractors, Wind, Solar & Grid Technology and Equipment Providers and other industry associations to meet and discuss the upcoming challenges and opportunities in terms of renewable energy grid integration. They come together to evaluate strategies and technologies to secure safe, stable and reliable generation, integration, transmission, distribution and consumption of renewable energy. Renewable energy integration is a serious and urgent issue demanding more cooperation and innovations. This is a must-attend event featuring huge opportunity to win new business and increase your market share in China.