Energy storage is a cornerstone of the low carbon economy. It is the prerequisite to energy transition from fossil fuels to renewables. Which energy storage technologies are among the most promising ones? What progress has been made in both technology development and industrial applications in China and U.S.? How to position energy storage in utility infrastructure development and reward it appropriately? How can policy and regulation support the development of energy storage technologies?
On 27th October, Beijing Energy Club successfully held a discussion seminar entitled “Energy Storage and Utility Infrastructure Development”.
At the Seminar, Mr. Jon Wellinghoff, formal Chairman of U.S. Federal Energy Regulatory Commission, made a keynote speech. He reviewed the energy storage technology development in U.S., the regulatory support for energy storage at both Federal and State levels, and the trend of energy storage applications in micro grids. Dr. Gary Yang, President and CEO of UniEnergy Technologies – a Seattle-based company, compared various types of energy storage technologies for utility infrastructure applications in U.S. and pointed out the direction of future development in this field. Prof. Lu Qiang, Member of the Chinese Academy of Sciences and Professor at Tsinghua University, discussed the energy storage development and application in China, focusing on non-supplementary fuel compressed air energy storage technology, of which he is the inventor.
Over 30 people from related government agencies, industry associations, academia and business enterprises participated in the discussion.