Energy, Oil & Gas

China targets 300 GW of energy storage capacity by 2030

BEIJING
China targets 300 GW of energy storage capacity by 2030
Image by GoAerials/ iStock

China plans to increase its installed new energy storage capacity to 300 gigawatts (GW) by 2030 under its 15th Five-Year Plan (2026–2030), according to Xinhua News Agency.

The plan, issued by the National Development and Reform Commission and National Energy Administration, aims to expand energy storage participation in electricity markets and introduce market-based pricing mechanisms.

China's installed new energy storage capacity reached 136 GW by the end of 2025, accounting for approximately 40 per cent of the global total.