China-Europe multifunctional energy storage power supply customization

Where does Jiangsu Linyang energy plan to build energy storage facilities?

(Yicai) July 18 -- Jiangsu Linyang Energy is planning to build energy storage facilities overseas, with Southeast Asia, Europe and the Middle East identified as the Chinese smart energy company’s three key regions for international growth. Of them, Europe is the priority market, the firm’s vice chairman told Yicai in a recent interview.

Is Europe a priority market for energy storage?

Of them, Europe is the priority market, the firm’s vice chairman told Yicai in a recent interview. "Europe has strong demand for energy storage due to its aging power grid and favorable storage policies,” Lu Danqing said.

What is a flexible energy storage powers system (fesps)?

In view of the aforementioned shortcomings, a flexible energy storage powers system (FESPS), featuring dual functions of power flow regulation and energy storage on the basis of the energy-sharing concept, has been proposed in this paper.

What is energy storage/reuse based on shared energy storage?

Energy storage/reuse based on the concept of shared energy storage can fundamentally reduce the configuration capacity, investment, and operational costs for energy storage devices. Accordingly, FESPS are expected to play an important role in the construction of renewable power systems.