China National Petroleum Corporation’s First Vanadium Flow Battery Energy Storage Project Connected to the Grid



Source: Polestar Energy Storage Network, 22 May 2024

According to China National Petroleum Corporation (CNPC) Group Electric Energy Co., Ltd., on 20 May, the grid-connection ceremony of CNPC's first vanadium flow battery energy storage project was held.

It is understood that the vanadium flow battery energy storage project is the first demonstration project jointly constructed by CNPC Group Electric Energy Co., Ltd. and Baoji Petroleum Machinery Co., Ltd. It not only fills CNPC's gap in vanadium flow battery energy storage but will also further enhance the adjustment flexibility of the oilfield power grid, effectively solving the problem of wind curtailment and consumption in the Longyilian area and building a new profit model for Peak Valley electricity price differences.