Amendment Strengthens Enterprise Power Management, Boosting Behind-the-Meter Energy Storage Demand
The amended Energy Management Law now includes newly installed or expanded power equipment above a certain capacity under regulatory oversight, mandating enterprises to install self-use power generation or energy storage systems. This move not only strengthens energy management on the power consumption side but also creates new opportunities in the behind-the-meter energy storage market. Guan Tingyi, General Manager of Star Power, stated that the amendment will drive enterprises to shift from passive power consumption to proactive optimization, enhancing power usage efficiency and flexibility.
Guan noted that behind-the-meter energy storage can integrate with enterprises' existing power management systems, reducing peak power costs through flexible scheduling. Star Power’s "Power Bank" solution combines energy storage systems, energy management systems (EMS), and power dispatch functions, arranging charging and discharging periods based on enterprise power usage to help businesses charge during off-peak hours and discharge during peak hours, further improving power efficiency.
Year-End Energy Storage Capacity Targets 360MW, Power Trading Capacity to Reach 1GWh
Star Power has already deployed 60MW of front-of-the-meter energy storage capacity and is accelerating expansion through the "ETF5050 behind-the-meter energy storage sharing program." The company expects its cumulative online capacity to reach 360MW by the end of this year, with power trading capacity accumulating to 1GWh by the end of 2026. Guan explained that the program not only helps enterprises comply with regulatory requirements but also aggregates enterprise-side power flexibility through virtual power plant (VPP) technology, enabling participation in the power trading market.