6 FAQs about Energy storage charging station subsidies

What is the new energy storage subsidy policy?

The notice outlines subsidy policies for new energy storage, including the following: Independent energy storage capacity will receive a capacity compensation of 0.2 CNY/kWh discharged, gradually decreasing by 20% annually starting from 2024 until 2025.

What is the charging infrastructure industry?

As one of the seven major industries of the “new infrastructure”, the charging infrastructure (CI) industry not only supports the upgrade of the new energy vehicle industry but also provides developing platforms for emerging industries, such as wireless charging, energy storage, smart microgrid, and new energy consumption.

How does government subsidize EVs?

Analysis of user strategy The government subsidizes consumers for purchasing EVs at the early stage of development; as the market develops, the subsidies are gradually withdrawn and shifted to charging stations, so thatdirect subsidies to users are reduced.

Could subsidy policies be a driving force for the CI industry?

The government could use subsidy policies as a driving force for developing the CI industry to build a comprehensive ecosystem of the industry, which is also the next key point for the government to promote the development of the CI industry in the future. Previousarticlein issue Nextarticlein issue Keywords Game theory New energy vehicle

Will Hangzhou City subsidize public charging/battery-swapping equipment?

Hangzhou City Public and shared charging/battery-swapping equipment will be subsidized at 30% of the actual investment amount; individual consumers will be given a one-time subsidy of 600 RMB per CI for personal use. Jinan City

What are government subsidies to operators?

The government subsidies to operators are divided into investment and operating subsidies, which are related to the amount of investment made by operators and the number of CIs constructed. The main target of subsidies is BSSs and charging stations. The backward induction is used to solve the subgame-perfect Nash equilibrium. 5.1.

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