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The rapid development of smart grid has spread all over life

May 05, 2022

The rapid development of smart grid has spread all over life

‍While the pandemic of battery energy storage has undoubtedly slowed the development of renewable technologies globally, power generation technologies have proven to be remarkably resilient, according to the International Energy Agency's 2020 Renewable Energy Report. Bloomberg New Energy Finance predicts that the industry will be worth more than $620 billion by 2040, and the global energy storage market will need to expand 100 times its current size. Pumped hydro storage accounts for about 96% of the world's energy storage capacity. But as global demand for renewable energy continues to increase, so does the need for more energy storage projects. Flexible technologies like this will become part of the smart grid, enabling more low-carbon electricity, heat and transport technologies.

Smart grid is the intelligence of the power grid, also known as "Grid 2.0", is based on an integrated, high-speed two-way communication network, through advanced sensing and measurement technology, advanced equipment technology, advanced control methods and The application of advanced decision support system technology realizes the goals of reliability, safety, economy, high efficiency, environmental friendliness and safe use of the power grid.

Shenzhen Baiqiancheng Electronics Co., Ltd. focuses on the R&D and manufacturing of BMS, and can provide customers with customized production (OEM&ODM) of BMS master control and slave control, including customized production of energy storage finished cabinets, inverter customized production, etc. At the same time, we have a good component supply advantage, which can solve the problem of IC shortage for customers, and high-quality alternatives can reduce costs and shorten delivery times for customers.

If you have any projects related to energy storage, please feel free to discuss with us. (Please consult ems@bqcdz.com)