Core Viewpoint - The recent policy changes by the Zhejiang Provincial Energy Bureau aim to streamline the management of user-side energy storage projects, particularly those with a capacity of 5MW and above, thereby reducing entry barriers and complexity in approvals, which is expected to facilitate the implementation of large-scale commercial energy storage projects in Zhejiang [5][14]. Summary by Sections Policy Adjustments - The Zhejiang Provincial Energy Bureau has issued a notification regarding the dynamic adjustment of the 2025 new energy storage project construction plan, which includes project additions, reductions, and changes [8]. - User-side energy storage projects of 5MW and above will no longer be subject to provincial annual construction plan management, allowing local energy authorities to manage these projects according to regional needs [14]. User-side Energy Storage Management - Local energy authorities are now authorized to manage user-side energy storage projects, which includes preparing construction plans and reporting them to the provincial energy bureau [2]. - Before starting construction, user-side energy storage projects must be registered with local authorities and consult with grid companies regarding connection plans [2]. Project Statistics - In the first half of the year, there were 34 user-side energy storage projects in Zhejiang with a capacity of 5MW and above, totaling 909MW and 1932.871MWh. These projects accounted for only 2.67% of the total number of user-side energy storage projects in the province, with a power share of 36.32% and a capacity share of 30.68% [4]. Investment and Project Examples - Several notable projects include: - Wuxing East New Town Commercial Energy Storage Project: 189MW, 378MWh, investment of 69.136 million yuan, unit price of 1.829 yuan/Wh - Huangyan District Smart Energy Storage Infrastructure Project: 150.7MW, 301.4MWh, investment of 54.972 million yuan, unit price of 1.8239 yuan/Wh - Other projects range from 6.4MW to 60MW, with investments varying accordingly [6][7]. Future Implications - The policy changes are expected to lower the entry barriers and complexity of approvals for large commercial energy storage projects, thus promoting their implementation in Zhejiang [5].