The energy storage market will reach a critical period in 2023.

Ningde era head ZengYuQun recently cited high engineering data, said 2030 energy storage market demand will also exceed 1TWh. energy storage TWh era future has come.

In the face of long slopes and snow thick energy storage, energy storage industry has also become one of the most lively track. Photovoltaic, electric power, lithium batteries and other companies with different professional backgrounds have entered the energy storage track, as well as Wuliangye, Longjing Environmental Protection, Xuedian Salt, Sheng Hong Group, Witten Electric, education enterprises ST Kaiyuan and other cross-border enterprises have also accelerated their entry into the energy storage industry.

Trina energy storage strategic market and product management director Li Bingwen said, the energy storage industry is currently in the latter part of the industrial introduction period and the industry's rapid growth period of the pre-stage, has just begun to enter into the stage of large-scale application, so the industry competition pattern is still a great deal of variability.

GaoGong energy storage analysis that from this can be initially seen in the energy storage market has appeared several major development trends：

First, along with the continuous introduction of policies, models continue to explore, raw material prices continue to drop, energy storage system costs continue to decrease, power energy storage is accelerating towards marketization.

Second, as the two main bodies of new energy, light and storage to accelerate side by side, light storage integration depth coupling. On the one hand, many photovoltaic companies to accelerate into the field of energy storage, on the other hand, many companies released light storage integration solutions.

Third, the trend of globalization of energy storage is becoming more and more obvious. With the supply chain advantage, Chinese battery enterprises have become the mainstay of the world's energy storage. At the same time, China's energy storage products accelerate into the mainstream countries in Europe and the United States, China's energy storage enterprises to compete in the global market.

Focus on marketization: how long does it take for power energy storage to run through commercialization?

State Grid China Electric Power Research Institute chief technical expert Huidong said, in the business model, there are some tariffs are clearer where the new energy configuration of the energy storage utilization rate is higher. But in the absence of tariff expectations and security market is not particularly adequate, new energy field station configuration utilization hours did not meet expectations. Now quite a lot of new energy configuration of energy storage power station, a year utilization hours less than 400 hours.

Despite the development process of power energy storage problems, but based on power energy storage towards commercialization also formed from top to bottom of the extensive discussion and practice. In addition to the policy side to further determine, energy storage upstream raw materials, industrial environment, product innovation, energy storage standards, business models and other further optimization, especially the exploration of business models are maturing.

In terms of the positioning of the power side, the new energy storage has risen to build a new type of power system as a key link. New energy storage can play an important role in supporting the power supply, improve system regulation capacity, safeguard the safety of grid operation, with multiple, multi-timescale application scenarios.

In terms of business model, Shandong Province has effectively revitalized the operation of energy storage power stations by entering independent energy storage power stations into the market-based mechanism. According to GGII statistics, since the first batch of 6 independent energy storage power stations (with a total capacity of 512MW) commissioned in Shandong Province in March 2022 to participate in the electricity spot trading, the total amount of electricity traded in the spot market has exceeded 200 million kilowatt-hours over a period of about 10 months.

Under the independent energy storage mode, the profitability of energy storage power station is better. In the case of a storage power station 100MW/200MWh lithium iron phosphate battery storage system, for example, the annual net income of 1.54 million yuan. Overall, energy storage operation has entered the early stage of commercialization.

From the viewpoint of the industrial environment, the price of the energy storage system is significantly downward.On June 9, the first batch of LiFePO4 5GWh energy storage system framework procurement of Huadian Group in 2023, the winning candidates were announced. Bid section a energy storage system price is concentrated in 1 yuan / wh or so, also indicates that the energy storage system price has gradually entered the "1 yuan era".

In fact, since May, energy storage project bidding market, the average offer continues the downward trend, energy storage system and battery frame procurement bidding prices continue to record low. 2 hours of energy storage system appeared to be the lowest offer of 1.000 yuan / Wh, the battery frame procurement offer is lower than 0.7 yuan / Wh; 2 hours of energy storage system offer range of 1.000-1.490 yuan / Wh, weighted average offer of 1.115 yuan / Wh, the average price of 1.115 yuan / Wh, the average price of 1.000-1.490 yuan / Wh, the weighted average price of 1.115 yuan / Wh. 1.115 Yuan/Wh, down 14.1% sequentially.2023 From January to May, the cumulative decline was 24.15%.

As for product innovation and standards, several key standards in the field of energy storage have been introduced since 2022, while discussions and product innovations based on energy storage safety have further promoted the commercialization of energy storage.

Based on all the above trends, the pace of commercialization of power energy storage is accelerating.

Photovoltaic storage integration: transition from enterprise to product coupling in-depth

Over the past decade, China's photovoltaic industry has developed rapidly. China's newly installed PV capacity has ranked first in the world for ten consecutive years, and the cumulative installed PV capacity has also ranked first in the world for eight consecutive years. Now China is the world's fastest growing photovoltaic industry, the largest production capacity, the highest level of technology in the country, photovoltaic production capacity accounted for more than 80% of the world. And energy storage development in Shandong as of the end of 2022 wind power, photovoltaic installed 65.72GW, of which 42.7GW of photovoltaic ranked first in the country, wind power installed 23.02GW ranked fifth in the country.

From the industry's general trend, PV energy storage integration has moved from trend to reality. Photovoltaic power plant scale growth speed, the grid to withstand the impact is also more and more large, the construction of a new generation of friendly photovoltaic power plant, the realization of the integration of light storage has become a clear requirement. Photovoltaic with storage has become the national provinces of photovoltaic installed standard, at the same time, photovoltaic manufacturing end of photovoltaic modules, photovoltaic inverters and energy storage products are also the depth of the integration, have launched energy storage system and the corresponding energy storage products.

National Development and Reform Commission Energy Research Institute Renewable Energy Center researcher Jingli said, "fourteen five" late, PV may become a low-priced power supply, energy storage costs in the end of fourteen five, it is possible to based on the cost of the present reduced by half. Combined with the terminal price reform and power generation side of the power market construction, fourteen five mode of new business and scale may enter a period of rapid growth.

Sunny power, huawei, kehua digital energy, trina photovoltaic, aishi but only, three crystal electric, kosda, guru watt, shouhang new energy, triple crystal electric photovoltaic manufacturers such as the layout of the field of energy storage one after another.

As early as June 7 last year, the promulgation of the "further promotion of new energy storage to participate in the power market and scheduling the use of notice", so that energy storage is no longer to cater to the light + storage supporting policies, but more independent participation in other auxiliary services, thus enhancing the energy storage revenue and economic value to stimulate the development of the energy storage industry. Therefore, the rapid growth of the photovoltaic market and energy storage policies complement each other, the light storage market opportunities will come.

Zeng Yuchun said, at the end of May, we have just released the world's first zero auxiliary source of optical storage fusion solution, get rid of the traditional energy storage solutions on the cooling system and its reliance on auxiliary power supply, to achieve the energy storage system operating efficiency, response speed, service life, durability and safety, etc., the overall enhancement, ecological benefits and economic benefits are significant. Ningde Times hopes to become the front-runner of the zero-carbon strategy and drive the zero-carbon upgrade of the entire new energy industry.

No coincidence, in the sun power, Trina Solar, Huawei and other successive release of optical storage convergence solutions. Huawei released the FusionSolar intelligent optical storage solution on June 13 in Munich, Germany, with the SUN2000-330KTL new-generation 1500V intelligent photovoltaic controller as the core, by supporting the optical storage of low-voltage AC coupling, sub-array level intelligent fusion control, comprehensive leading grid-connection capabilities, optical storage of the whole link "5+4 By supporting low-voltage AC coupling of photovoltaic and storage, subarray-level intelligent fusion control, comprehensive leading grid-connection capability, "5+4" safety design of photovoltaic and storage all-link, and intelligent fusion diagnostics, the controller brings customers four major values, namely, better cost of electricity (LCOE), grid-friendliness, safety and reliability, and comprehensive digitalization.

In the context of photovoltaic power generation taking the lead in becoming the mainstream of China's new energy, the integration of photovoltaic storage has become an important trend in the industry.

Global Energy Storage Era: Chinese Enterprises Grouping Up in Europe and America

In Europe and the United States, some have a good foundation of electric power industry and broad new energy market of economic powers, inspired the energy storage "sea" wave.

Relevant data show that the United States, China, Germany, Italy, the United Kingdom, Japan and Australia, the seven countries, occupying the annual global new electrochemical energy storage market of more than 90%.

The European market is household energy storage, industrial and commercial energy storage faster growth rate of the market. 2022 since the European natural gas and electricity prices soared, the European benchmark natural gas prices once jumped 21%. The cost of electricity in Europe has risen significantly, and the economy of household light storage is further emphasized. According to statistics, more than 90% of the share of European household energy storage is concentrated in the top five countries - Germany, Italy, the United Kingdom, Austria and Switzerland. Among them, Germany is Europe's largest household energy storage market.

And the amazing growth rate is also the U.S. market. The U.S. domestic grid consists of three major grids: the Western Combined Grid, the Eastern Combined Grid, and the Texas Grid, with a low degree of interconnection of regional grids, and a different power generation structure in each grid region due to the geographic characteristics of the Rocky Mountains and historical reasons. California, Texas corresponds to a higher proportion of photovoltaic and wind power generation, and California can not achieve complete self-generation and self-consumption of electricity, Texas grid and the outside world to a low degree of interconnection, making California, Texas has become the main installed market for energy storage in the U.S. In August 2022, the introduction of the IRA (Inflation Reduction Act) Act strengthened the ITC policy strength. 2022H1 United States The energy storage market continues to grow at a high rate, with pre-metered energy storage dominating and the duration of allocated storage increasing.

The global installed capacity of energy storage has seen a significant climb, making Chinese companies have the desire and demand to go to the global market, and the changing situation in overseas markets has also provided Chinese companies with huge space.

Ningde Times took the lead in breaking through the North American market in the field of energy storage. Last year, Ningde Times reached a cooperation agreement with FlexGen, a U.S. energy storage technology company, to supply 10GWh of energy storage products to the latter within three years. The energy storage product is EnerC, a containerized liquid-cooled energy storage product, which is developed for extreme weather such as extreme cold, high temperature, high humidity and desert. It is reported that FlexGen's HybridOS™ platform will help Ningde Times' energy storage products radiate to high-performance energy storage systems in Texas, California, and the entire North American region.

As the earliest Chinese company to enter the North American market, BYD has been striking the North American market since 2011. Its achievements in the European and American markets have become a new benchmark for Chinese energy storage companies to go overseas. At present, BYD energy storage has completed the installation of 160,000 sets of household energy storage products in 56 countries around the world.

As early as 2018, sunlight power to photovoltaic, energy storage business integration, relying on the advantages of overseas photovoltaic marketing channels, sunlight power energy storage business in 2018 successively in the U.S., Germany, Japan market to complete the breakthrough, has been seven consecutive years of energy storage system shipments ranked first among Chinese enterprises.

And in the field of household energy storage, Pai Energy Technology stands out when competing with global rivals such as Tesla and Sonnen. Pai Neng Technology has been ranked second in the world in terms of shipment volume since 2020, and the distance between Pai Neng Technology and top-ranked Tesla has been shrinking year by year. Portable energy storage company Huabao Xinneng derives 80% of its revenue from overseas.

Facing the overseas market, Chinese enterprises can be said to occupy a clear advantage. Chinese companies have a mature lithium battery as the core of the energy storage industry chain, with many large-scale lithium battery production bases, with industry chain, cost and other strong competitive advantages.

In fact, since 2023, more Chinese companies have realized breakthroughs in overseas markets. Take Ruipu Lanjun as an example, it has successively reached agreements to provide Powin with 3GWh of energy storage batteries and Energy Vault with 10GWh of liquid-cooled energy storage battery systems.

The era of global energy storage is "coming true".