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What are the differences in subsidy policies for photovoltaic energy storage systems in different countries?
There are significant differences in the subsidy policies of different countries for photovoltaic energy storage systems, and the following are the specific policies of some countries:
America
The United States prefers direct financial subsidies for energy storage projects. Energy storage projects are mainly electrochemical energy storage, and wind and light storage integration projects are also the focus of the policy. In the United States, the inflation reduction Act will include energy storage into the ITC (Investment tax credit) scope, shorten the user investment cycle, and promote the development of the energy storage industry. Several states in the United States have set energy storage procurement targets and provided financial support for technology development and demonstration.
Italy
In recent years, Italy has preferred direct financial subsidies for energy storage projects, launched energy storage rebate programs to improve the use of energy storage systems in residential and commercial photovoltaic systems, and increased the preferential plan for public institutions to purchase photovoltaic energy storage systems.
Australia
Australia's energy storage policy stimulus direction is mostly post-surface energy storage, biased towards subsidies and encouragement policies for household energy storage projects and energy storage power stations, and through the proportion of renewable energy targets to encourage investment in the photovoltaic industry.
Netherlands
The Netherlands introduced policies to end the double taxation of energy storage in 2021, and the Regional Energy Strategy (RES) in the National Climate Agreement developed by local governments pays special attention to the construction of energy infrastructure, including energy storage.
Britain
The UK Government is pushing for smart and flexible energy systems to regulate the market through a variety of action programmes. The government's "large-scale Energy storage" program provides financial support for innovative large-scale energy storage demonstration projects, while focusing on the development of large-scale power storage and small-scale household power storage technologies.
Germany
Germany has removed the cap on the amount of photovoltaic power installed, as well as double taxation on battery systems, and has worked to promote the expansion of wind and solar infrastructure.
These policies show the different strategies adopted by different countries to promote the development of photovoltaic energy storage systems, from direct financial subsidies to tax incentives, and then to the improvement of market mechanisms, governments are actively taking measures to promote the development of photovoltaic energy storage industry.
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