Chinese electricity meter industry

The Chinese electricity meter industry and energy storage industry are achieving deep integration and development through technological collaboration. Under the policy guidance of the 'Action Plan for High Quality Development of New Energy Storage Manufacturing Industry', smart meters and energy storage systems have formed an integrated solution of 'measurement+storage'. By 2025, the newly installed capacity of new energy storage will reach 21.9GW. Smart meters will work together with energy storage devices as energy data entry points to achieve real-time collection of electricity data and optimization of energy storage scheduling. At the technical level, bidirectional metering meters support precise measurement of energy storage system charging and discharging, and in conjunction with capacity pricing policies, form a tripartite revenue structure of electricity market, auxiliary service market, and capacity pricing. In terms of application scenarios, the integration of 'source network load storage' promotes the coordinated deployment of electricity meters and energy storage devices in industrial and commercial parks and residential communities, and the proportion of user side energy storage continues to increase. In 2026, independent new energy storage power stations on the grid side will receive capacity pricing support, and smart meters will become the standard configuration for grid connected metering of energy storage systems. Domestic substitution is accelerating, and the market share of high-end smart meters and energy storage system integrators is steadily increasing. This integration not only promotes the global market share of the 'new three types' of power equipment going global, but also supports the construction of new power systems with precise measurement and flexible energy storage, becoming a key infrastructure for the development of new quality productivity.