Published: February 24th, 2022,
Last updated: February 24th, 2022
The nationwide power outages of late last summer are probably still fresh in the minds of many in China. Millions were left in the dark, and entire factories came to a standstill – with repercussions for supply chains around the globe. This put the guarantee of power security through the expansion of energy storage at the top of the agenda of China’s leadership. And Beijing has big plans, analyzes Nico Beckert. Nevertheless, it is already clear that even billions invested in the ongoing energy transition will not make the grids perfectly secure.