Recently, the three-day 12th Energy Storage International Summit and Exhibition (ESIE 2024) concluded successfully at the Beijing Shougang Exhibition Center. As an annual event in the energy storage field, the summit brought together many industry elites to discuss the latest developments and application prospects of energy storage technology. Beijing Honghui International Energy Technology Development Co., Ltd. (hereinafter referred to as “Honghui Energy”), as a leader in the industry, showcased its flywheel energy storage Jupiter 1-FW1M50 product based on grid frequency regulation at the exhibition, attracting high attention from participants.

01 Booth Review

Honghui Energy’s flywheel energy storage Jupiter 1-FW1M50, with its outstanding performance and innovative design, became one of the highlights of the exhibition. The product adopts advanced flywheel energy storage technology, featuring high efficiency, stability, and environmental friendliness, effectively solving energy storage and dispatching issues, bringing revolutionary breakthroughs to the energy industry. At the exhibition, Honghui Energy’s booth attracted a crowd of visitors, including customers, investors, and partners, who stopped by to learn more about the technical features and application prospects of the flywheel energy storage Jupiter 1-FW1M50. Honghui Energy’s staff patiently answered questions, providing in-depth insights into the product’s advantages and market potential.

02 Flywheel Energy Storage Sub-forum
Grid Ultra-Fast Long-time Magnetic Levitation Flywheel Frequency Regulation System and Application

The “Grid Ultra-Fast Long-time Magnetic Levitation Flywheel Frequency Regulation System” received support from the 2023 National Key Research and Development Program “Disruptive Technological Innovation” key special project.
The grid ultra-fast long-time magnetic levitation flywheel frequency regulation system is an innovative power frequency regulation technology that uses magnetic levitation flywheel energy storage technology to achieve rapid and long-term adjustment of the grid frequency. This system mainly addresses the instability issues caused by the large-scale grid connection of new energy generation, resolving challenges brought by its intermittency and fluctuations. As a platform technology, long-time, large-capacity flywheel energy storage systems can be applied to frequency regulation energy storage scenarios in new power systems, stabilizing grid connection through high-frequency, fast charging and discharging, enhancing the integration capacity of new energy.

03 New Product Release Saturn 2-FW50160

The newly released high-power long-time flywheel energy storage product “Saturn 2-FW50160” primarily solves problems such as slow response of thermal power units, slow regulation speed of chemical batteries, low regulation frequency, short lifespan, and short regulation duration of conventional flywheel energy storage systems. By reducing the mainstream grid regulation response time from minutes to milliseconds and extending the regulation duration from 2 minutes to 15 minutes, this system breaks through the bottleneck of grid ultra-fast long-time frequency regulation technology, ensuring grid frequency stability when high proportions of new energy are connected to the grid, accelerating the high-quality development of the new energy industry and helping China achieve its “dual carbon” strategy goals.

The frequency fluctuation issues brought by new energy integration into the grid have always been a key factor limiting its development. The “Saturn 2-FW50160” addresses regulation response and duration issues, providing strong support for the stable development of the new energy industry and promoting China’s acceleration towards achieving peak carbon dioxide emissions and carbon neutrality goals.

The successful hosting of this summit not only provided a platform for communication and cooperation in the energy storage industry but also showcased China’s leading position in the global energy storage field. As a leader in the flywheel industry, Honghui Energy will continue to increase research and development investment, promote innovation and development of flywheel energy storage technology, and contribute more efforts to building a clean, low-carbon, and efficient energy system.