• CERAWeek
  • March 18 - 22, 2024
  • About

Fuqiang Zhang

State Grid Energy Research Institute

Chief Engineer, Strategy and Planning

Zhang Fuqiang, male, Ph.D., senior engineer, is currently the chief engineer of the Energy Strategy and Planning Research Institute of State Grid Energy Research Institute Co., Ltd. In China, the first member of the pumped storage subcommittee of the China Energy Research Association, a member of the IEEE PES Energy Technology and Economics Subcommittee, and a graduate enterprise tutor of North China Electric Power University. In recent years, he has published two monographs on "Non-fossil Energy Development in China" and "Research on China's Nuclear Power Development Planning", and published more than 20 core and EI papers in Chinese. He has long been engaged in research in the fields of energy and power development planning, energy technology and economy, and international energy cooperation. He has participated in and been responsible for a number of major science and technology and management consulting projects of the National Energy Administration and the State Grid Corporation system.

Sessions With Fuqiang Zhang

Thursday, 9 March

  • 12:00pm - 12:50pm (CST) / 09/mar/2023 06:00 pm - 09/mar/2023 06:50 pm

    Choices for Flexible Power: Gas, batteries, storage and beyond

    Power & Renewables
    As renewable generation becomes increasingly widespread in power markets globally, the associated variability and impact on system reliability are highlighting the importance of flexible power sources. Today, power markets are addressing the challenge in different ways, from ramping gas or coal fleets up and down, to enhancing transmission interconnections, leveraging pumped hydro or batteries storage and innovating demand-side management. Policies and market mechanisms are poised to evolve to incentivize and reward flexible power supply, particularly those zero-carbon solutions that can advance energy transition. Is there an optimal balance between variable renewable capacity and flexible power resources, theoretically or in practice? Which flexible solution has the most positive cost curve outlook and at what scale? What are the main policies and market mechanisms addressing flexibility today? What changes need to be made to create commercial opportunities for flexibility suppliers?