> 南瑞继保 碳硅融合: 智算中心的源网荷储能源新范式 南瑞继保季炳伟 南京南瑞继保电乞有限公司 目 录 CONTENTS 01 应用背景 02 电源发展历程 03 技术方案介绍 双碳背景需求 构建以新能源为主体的电力系统是落实国家"双碳"战略的必由之路，需要通过 关键技术革新,在保障电网安全的基础上实现能源转型。 88600 ■ 装机容量 ■ 新增产量 米伏 网盘 国风电、光伏装机发展 (万千瓦) 传统电力系统,以化石能源为主体 2023年12月,西北地区新能源装机占比超50%, 新能源成为"主力电源"。 随着云计算,人工智能,电动乘用车等技术及应用的爆发式增长,数据中心、直流快速充电 ● 站等应用场景中的用电容量不断攀升，传统供电方案存在功率变换环节多、效率低、体积庞 大、电压调节能力差等痛点 172 中国算力规模(EFLOPS) 全球算力规模(EFLOPS) 18000 16000 14000 9800 =2020 = 2021 = 2022 = 2023 = 2024 = 2025E = 2026E = 2027E = 2028 中国数据中心电力负荷 1660亿kWh 40 2024年(2个三峡) 4 ...

Industry Investment Rating - The report does not explicitly mention an investment rating for the industry [1] Core Viewpoints - The profitability of commercial and industrial energy storage primarily relies on peak-valley arbitrage, and as the cost of energy storage systems decreases, more provinces are becoming viable for investment [6] - The penetration rate of commercial and industrial energy storage is increasing, creating new peaks in electricity demand, and spot markets are essential for flexible regulation [6] - Energy storage, as a high-quality regulation tool, can enhance grid strength and optimize power balance, aligning with the development of new power systems [6] - Distributed energy storage based on grid-forming control technology will play a significant role in the future power grid [7] - Aggregating adjustable resources through virtual power plants can optimize grid dispatch and real-time control, leveraging economies of scale for profit [7] Summary by Sections Commercial and Industrial Energy Storage Status and Potential Demand - The current profitability model for commercial and industrial energy storage is mainly based on peak-valley arbitrage [6] - As system costs decrease, more regions are becoming economically viable for energy storage investments [6] - The penetration rate of energy storage is rising, leading to new peaks in electricity demand, with spot markets being crucial for flexible regulation [6] - Energy storage is a key tool for enhancing grid strength and balancing power supply and demand [6] - Future energy storage systems will leverage grid-forming control technology to play a critical role in large power grids [7] - Virtual power plants can aggregate resources to optimize grid operations and generate profits through scale [7] NARI Energy Storage Solutions - NARI offers a comprehensive suite of energy storage solutions, including battery integration, battery management systems, energy management systems, and cloud platforms [10] - The company has a strong track record, with over 10GW of energy storage shipments and a market share exceeding 95% in grid-forming energy storage [10] - NARI's solutions are designed to reduce the Levelized Cost of Energy (LCOE) through modular design, single-cluster management, and liquid cooling, which extends battery life [24] - The company's liquid-cooled energy storage cabinets have been deployed in over 200 projects, with more than 5,000 units installed [34] Energy Storage Application Cases - NARI has implemented numerous energy storage projects across various sectors, including grid-side, user-side, and renewable energy integration [35][37][38][39] - Notable projects include the 50MW/100MWh energy storage station for Southern Power Grid, the 45MW/90MWh Hengfa Energy Storage Station in Haining, and the 15MW/30MWh wind-storage integration project in Yunnan [43][49][51] - The company's solutions have been applied in diverse scenarios, such as peak shaving, frequency regulation, and black start capabilities, demonstrating their versatility and reliability [43][49][51] Grid-Forming Technology and Applications - NARI is a pioneer in grid-forming technology, having developed and deployed a full range of grid-forming equipment across various scenarios [27][28] - The company's grid-forming solutions have been applied in large-scale projects, including the 3000MW Zhangbei flexible DC grid and the 500MW grid-forming energy storage project in Saudi Arabia [28] - NARI's grid-forming technology has been instrumental in enabling black start capabilities and ensuring stable operation in weak grid conditions, as demonstrated in projects like the Ejin Banner grid in Inner Mongolia [41][42]