National and local policies strongly support, and the development of new energy storage embracing historic opportunities
Under the trend of global energy revolution, new energy storage is the only way for the transformation and upgrading of energy storage industry. Since the National Energy Administration issued the Guiding Opinions on Promoting the Development of Energy Storage Technology and Industry, the state and local governments have successively issued a number of policies to lead the development of new energy storage. With the advantages of short construction period, small environmental impact and low site selection requirements, new energy storage has obvious competitive advantages in the energy storage market. According to the optimistic situation of CNESA, it is predicted that the cumulative installed capacity of new energy storage will reach 79.5 GW in 2026, and the compound annual growth rate (CAGR) from 2022 to 2026 will be 69.2%.
Figure 1: Under the trend of global energy revolution, new energy storage is the only way for the transformation and upgrading of energy storage industry
Lithium battery: The industrial chain has high maturity and occupies the mainstream of new energy storage
Lithium iron phosphate battery power energy storage market is shared, and the vigorous development of new energy automobile industry lays a foundation for the large-scale application of lithium-iron battery in energy storage market. Lithium iron phosphate battery has high technical maturity and stands out in the new energy storage market with its advantages of low cost, high safety and long life; By the end of 2022, lithium-ion batteries accounted for 94.5% of the new energy storage installed in China, occupying the mainstream of the market.
Sodium electricity: The cost advantage of theoretical materials is obvious, and the first year of commercialization is started
Compared with lithium, sodium resources are abundant in reserves (accounting for 2.75%) and distributed evenly without geographical restrictions, the mertirial cost advantage is evident Domestic enterprises have laid out sodium electricity, and the industrial chain has been gradually improved. It is possible to industrialize initially; 23 years is the first year of sodium electricity industrialization, which realizes batch shipment and is expected to become an important supplement to the lithium battery energy storage market in the future.
Vanadium electricity: naturally suitable for large-scale energy storage, and the commercialization process is accelerated
Vanadium battery has the unique advantage of separating capacity and power performance, and has the characteristics of long life (more than 16,000 cycles) and high safety, which is naturally suitable for large-scale long-term energy storage scenes. Although limited by the high initial installation cost, the life cycle use cost is similar to that of lithium battery. With the continuous maturity of the industrial chain and the emergence of scale effect, the commercialization process of vanadium battery energy storage is accelerating. According to EVTank's forecast, the new scale of sharp batteries will reach 2.3 GW in 2025, with a compound growth rate of 40%, and the new capacity will reach 4.5 GW in 2030, when the cumulative installed capacity of vanadium battery energy storage projects will reach 24GW.
Figure 2: Lithium battery occupies the mainstream of the new energy storage market and is expected to promote the rapid development of the energy storage market
Lithium battery occupies the mainstream of the new energy storage market, which is expected to promote the rapid development of the energy storage market. The following companies are worth paying attention to: Contemporary Amperex Technology, EVE Eneergy, Gotion High-tech, Guangzhou Great Power Energy and so on Sodium electricity is rich in natural resources and low in theoretical material cost, which is an important supplement to the lithium battery energy storage market. It is recommended to pay attention to Jiangsu Dingsheng New materials Join-Stock Co.,Ltd. with doubled consumption of sodium electricity aluminum foil, Jiangsu Transimage Technology Co., Ltd. and Veken Technology Co., Led. the core targets of the battery link; With its unique technical advantages, vanadium battery is suitable for the large storage market and is expected to usher in rapid growth. It is suggested to pay attention to Pangang Group Vanadium Titanium and Resources shares with vanadium ore resources and Dalian Rongke Power Integration, a future leader in the industry.
The energy storage market is developing well at present, and the new energy storage can be expected in the future-China exportsemi.com
