Time-of-use electricity prices refer to electricity prices that vary according to different time periods. This pricing mechanism can encourage households to use electricity during off-peak periods, thereby balancing power supply and demand. According to the plan of the National Development and Reform Commission, my country will gradually promote the reform of time-of-use electricity prices and fully implement a nationwide time-of-use electricity price system by 2030. This will provide a better market environment and opportunities for the development of household energy storage.
As for whether household energy storage can participate in power peak shaving, the answer is yes. Household energy storage systems have flexible load adjustment capabilities and can flexibly adjust the timing of energy storage and release of energy according to the needs of the power grid. Through interconnection with the power grid, household energy storage systems can participate in power peak regulation and provide stable power support. Especially during peak periods and special circumstances, household energy storage can play an important role in balancing the difference between supply and demand.
Household energy storage, as a technology that has flexible adjustment capabilities, can improve electricity efficiency and reduce electricity bills, is gradually emerging in China. Although there are still some technical, cost and policy challenges, with the advancement of time-of-use electricity prices and the improvement of the market environment, household energy storage is expected to develop into an important power resource, effectively participate in power peak shaving, and help build sustainable development power system