Inner Mongolia New Energy Storage Development Report 2024

The Inner Mongolia Autonomous Region New Energy Storage Development Report for 2024 highlights significant growth in the region's new energy storage sector. In 2024, the grid-connected scale of new energy storage reached 10.23 GW, a 189% increase year-on-year, ranking first nationally. Long-duration energy storage (over 4 hours) accounted for 58% of installed capacity, making Inner Mongolia the first province where such storage exceeded half of total capacity. The region achieved six national firsts, including new energy installations, power generation, green hydrogen production, and green electricity trading. Technology types are predominantly electrochemical, with capacity surging from 3.9 GW to 10.14 GW. Application scenarios expanded across power, grid, and user sides, with user-side connections increasing 168.9 times. Industry chain investment grew from 12.5 billion yuan in 2023 to 14.28 billion in 2024, with notable increases in Wuhai and Chifeng cities. Key cities like Ulanqab and Ordos saw substantial capacity growth, driven by strategic energy transitions.