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With a zero-tariff system fundamentally in place after the independent customs operation, high-quality global resources can flow into Hainan with greater freedom and efficiency, Wu said. Trade liberalization and facilitation are defining features of a free trade port.
On June 10, 2021, the 29th meeting of the Standing Committee of the 13th National People's Congress passed the Hainan Free Trade Port Law of the People's Republic of China, which determined to establish and improve the Hainan Free Trade Port customs supervision special zone system with closed-off customs operations on the entire island.
As a key initiative in China's opening-up strategy, the Hainan Free Trade Port is set to begin independent customs operations by year end, and global enterprises are eyeing the vast opportunities that come with open trade. [Photo/Xinhua]
South China’s tropical island province of Hainan is intensifying efforts to establish itself as a high-level free trade port (FTP) by 2025. Key plans were outlined in a government work report presented during the annual session of the Hainan Provincial People’s Congress on Tuesday.
Energy storage technologies, store energy either as electricity or heat/cold, so it can be used at a later time. With the growth in electric vehicle sales, battery storage costs have fallen rapidly due to economies of scale and technology improvements.
Small-scale lithium-ion residential battery systems in the German market suggest that between 2014 and 2020, battery energy storage systems (BESS) prices fell by 71%, to USD 776/kWh.
Hence, the cost-efficient size of the battery energy storage system increases as the battery market prices drop equal to 2 kWh for the scenario in which the battery system’s market price is equal to 200 €/kWh and reaches over 8 kWh when the market prices ideally drop to around 100 €/kWh.
The 2020 Cost and Performance Assessment provided installed costs for six energy storage technologies: lithium-ion (Li-ion) batteries, lead-acid batteries, vanadium redox flow batteries, pumped storage hydro, compressed-air energy storage, and hydrogen energy storage.
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With the increasing application of the lithium-ion battery, higher requirements are put forward for battery thermal management systems. Compared with other cooling methods, liquid cooling is an efficient cooling method, which can control the maximum temperature and maximum temperature difference of the battery within an acceptable range.
Liquid cooling, due to its high thermal conductivity, is widely used in battery thermal management systems. This paper first introduces thermal management of lithium-ion batteries and liquid-cooled BTMS.
The lithium-ion battery thermal management system proposed by Al-Zareer et al.119 employs boiling liquid propane to remove the heat generated by the battery, while propane vapor is used to cool parts of the battery not covered by liquid propane.
The media such as liquid, phase change material, metal and air play a significant role in battery cooling systems. [5, 18, 19] As the metal media, micro heat pipe array (MHPA) is commonly used in the lithium-ion battery cooling method due to the characteristics of compactness, and the MHPA can enhance the stability and safety of battery pack.
Fig. 1 (a) shows the schematic diagram of the proposed composite cooling system for energy storage containers. The liquid cooling system conveys the low temperature coolant to the cold plate of the battery through the water pump to absorb the heat of the energy storage battery during the charging/discharging process.
In Shanghai, the ACCOP of conventional air conditioning is 3.7 and the average hourly power consumption in charge/discharge mode is 16.2 kW, while the ACCOP of the proposed containerized energy storage temperature control system is 4.1 and the average hourly power consumption in charge/discharge mode is 14.6 kW.
The proposed container energy storage temperature control system integrates the vapor compression refrigeration cycle, the vapor pump heat pipe cycle and the low condensing temperature heat pump cycle, adopts variable frequency, variable volume and variable pressure ratio compressor, and the system is simple and reliable in mode switching.
Containerized energy storage systems play an important role in the transmission, distribution and utilization of energy such as thermal, wind and solar power [3, 4]. Lithium batteries are widely used in container energy storage systems because of their high energy density, long service life and large output power [5, 6].
