On October 16, Li Zhen, Deputy Secretary General of the Zhongguancun Energy Storage Industry Technology Alliance, revealed at the 2026 World Energy Storage Conference Energy Storage Value Innovation Forum that as of the third quarter of this year, the cumulative installed capacity of China Electric Power had reached 252.2 GW. The cumulative installed capacity increased by 41.3% year on year, up 18.2% from the end of 2025. Among them, the cumulative installed capacity of pumped energy storage decreased by 3.4 percentage points compared to the end of 2025, and a year-on-year decrease of about 7.3 percentage points. Li Zhen pointed out that the development of new energy storage technology routes is being further diversified and accelerated over a long period of time. The share of new non-lithium energy storage technologies increased 0.5 percentage points year over year; long-term energy storage technologies such as liquid flow batteries and compressed air increased 0.4 percentage points year over year.

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