China's installed energy storage scale continues to grow capacity tariffs to help profitability to the good
Release time:
2023/11/07
According to statistics, in the first three quarters of this year, China's cumulative shipments of energy storage batteries amounted to 157.2 GWh, accounting for more than 90% of global shipments. Sodium ion batteries, liquid flow batteries and other new technologies to accelerate the landing, promoting the continuous iterative development of the energy storage industry, China's energy storage industry technology diversification ecological initial formation.
Baocheng futures pointed out that under the trend of global energy transformation, China's energy green low-carbon transformation continues to advance, the proportion of new energy generation continues to rise, energy storage industry has become an important connection to accelerate the construction of a manufacturing power to protect the country's energy security, the power system on the demand for energy storage more and more strongly. New energy storage has the advantages of short construction period, flexible siting, fast response, strong regulation ability, etc., is regarded as an important technology and basic equipment to support the new power system.
CITIC Securities believes that China's installed capacity of renewable energy has historically surpassed coal power in June this year. Taking into account the recent new energy storage cost end continues to reduce, for capacity tariffs to further implement the economic obstacles, new energy storage is expected to profitability to the good. Bullish on new energy storage operators, energy storage EPC and system integrators, energy storage components and temperature control and other investment lines.
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