The government''s incentive funds, including policy publicity and fiscal subsidies designed to encourage investment and industrial growth among energy storage operators, are insufficient compared to the national fiscal subsidies granted to the energy storage industry. Specifically, the subsidy coefficient S 1 <a D.
The subsidy period lasts for 3 years following the completion of the energy storage project. Furthermore, depreciation and maintenance costs for the energy storage system are estimated to be 4 % of the initial system investment cost. The relevant data are summarized and presented in Supplementary Information Table D.1.1.
The stability analysis of each equilibrium point across the four scenarios is presented in Supplementary Information Table B.4.1. Government subsidy levels both influence and are influenced by energy storage operators'' engagement and power system transformation.
The energy storage industry in Chongqing, China, is governed by a comprehensive set of subsidy policies. As such, relevant data from this region more accurately reflect the impact of governmental subsidies on this sector.
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