Figure - available from: Energy Engineering
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The number of new residential energy storage installations and installed capacity in Australia from 2016 to 2022
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![The revenue of energy storage in the Australian electricity market [56–58]](publication/383081851/figure/fig3/AS:11431281273579541@1724668921790/The-revenue-of-energy-storage-in-the-Australian-electricity-market-56-58_Q320.jpg)
As the Chinese government proposes ambitious plans to promote low-carbon transition, energy storage will play a pivotal role in China’s future power system. However, due to the lack of a mature electricity market environment and corresponding mechanisms, current energy storage in China faces problems such as unclear operational models, insufficient...
