On February 28, the notice required the energy authorities of Guangdong, Guangxi, and Hainan provinces to speed up the issuance of development plans for new energy storage technologies in these regions, support research on various energy storage technologies and control technologies, and fully consider the construction of energy storage demonstration projects with large-capacity, long-duration and comprehensive application, support new energy storage technologies to participate in the medium and long-term electricity market, spot market and ancillary service market as an independent market entity. Authorities should improve the compensation system of power supply side energy storage, support conventional power sources such as thermal power and new energy storage technologies to participate in auxiliary services together such as peak regulation, frequency regulation and reserve dispatch, improve the subsidies for energy storage allocated to renewable energy sources, and support grid-side energy storage stations to expand business models such as "shared energy storage" mode or direct participation in the electricity market, and support user-side energy storage to combine with high-load industrial demands, 5G base stations, charging networks, industrial parks and other load and other distribute power generators to form direct-controlled dispatchable “virtual power plants” or “integrated energy operators” to participate in electricity markets.
South China Energy Regulatory Office issued the “Notice on Strengthening the Supervision of the Development and Application of New Energy Storage Technologies”