Electricity landscape set to witness paradigm shift

Industrial and commercial energy storage will usher in a breakthrough period with a deepening of electricity market reform, which is expected to further widen the peak-valley price difference nationwide, said industry experts.

The integration of industrial and commercial energy storage solutions marks a significant turning point in the energy sector, catalyzing innovations that align with the ongoing market reform initiatives, said Luo Zuoxian, head of intelligence and research at the Sinopec Economics and Development Research Institute.

"As industrial and commercial entities increasingly adopt energy storage technologies, we anticipate a deepening of market reform dynamics, driven by enhanced grid stability, reduced peak demand pressures, and optimized energy utilization," he said.