About Energy Storage and New Energy Chamber of Commerce
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6 FAQs about [Energy Storage and New Energy Chamber of Commerce]
What is China New Energy Chamber of Commerce (CNECC)?
China New Energy Chamber of Commerce (CNECC) was initiated by new energy companies in private sector in January 2006, which is one of 29 organizations administrated by All-China Federation of Industry and Commerce (ACFIC).
How many departments does China New Energy Chamber of Commerce have?
China New Energy Chamber of Commerce is divided into four departments - the Administrative Department, the Membership Operations Department, the Exhibitions & Training Department, and the Investigation & Research Department.
Is it profitable to provide energy-storage solutions to commercial customers?
The model shows that it is already profitable to provide energy-storage solutions to a subset of commercial customers in each of the four most important applications—demand-charge management, grid-scale renewable power, small-scale solar-plus storage, and frequency regulation.
Who is the first chairman of China New Energy Chamber of Commerce?
Li Hejun, President of Farsighted Group and Chairman of the Directorate, was elected as the first Chairman of China New Energy Chamber of Commerce.
Why do companies invest in energy-storage devices?
Historically, companies, grid operators, independent power providers, and utilities have invested in energy-storage devices to provide a specific benefit, either for themselves or for the grid. As storage costs fall, ownership will broaden and many new business models will emerge.
Could stationary energy storage be the future?
Our research shows considerable near-term potential for stationary energy storage. One reason for this is that costs are falling and could be $200 per kilowatt-hour in 2020, half today’s price, and $160 per kilowatt-hour or less in 2025.