CNESA年度重磅 | 2024储能产业盘点——全球储能竞争加剧，产业链加速重构

Core Viewpoint - The new energy storage industry in China has experienced significant growth in 2024, with installed capacity surpassing pumped storage for the first time, indicating a shift in its role within the power system. However, the industry faces intense competition and declining project profitability, making 2024 a challenging year for stakeholders [1]. Group 1: Industry Growth and Capacity - The cumulative installed capacity of new energy storage reached 78.3 GW, exceeding pumped storage for the first time, with a year-on-year growth of 126.5% in power and 147.5% in energy [2]. - By the end of 2024, China's total energy storage capacity reached 137.9 GW, with new installations of 43.7 GW, marking a 103% increase year-on-year [2]. - The number of large-scale projects (over 100 MW) has increased significantly, with nearly 200 projects operational, reflecting a 67% year-on-year growth [2]. Group 2: Value of Energy Storage - The value of energy storage in ensuring supply and facilitating renewable energy consumption has been validated through large-scale trials in various provinces [3]. - In regions with tight balance, energy storage systems achieved peak simultaneous rates exceeding 90%, demonstrating their effectiveness in grid support [3]. Group 3: Policy Environment - In 2024, a total of 770 energy storage-related policies were released, with a focus on development planning, renewable energy integration, and market regulations [5]. - Several provinces have completed their "14th Five-Year" energy storage planning targets ahead of schedule, indicating strong regional commitment [6]. Group 4: Market Mechanisms - The establishment of a unified national electricity market is underway, with new rules clarifying the market position of energy storage [8]. - The acceleration of the electricity spot market has opened up opportunities for energy storage participation, although risks remain due to low average price differentials [9][10]. Group 5: Competitive Landscape - The energy storage industry is experiencing intense price competition, leading to a decline in project profitability and innovation investment [17][20]. - The number of newly registered energy storage companies reached 89,100 in 2024, reflecting a 17.9% year-on-year increase, while the number of companies facing operational issues surged by 123.5% [19]. Group 6: International Expansion - Chinese energy storage companies are increasingly focusing on international markets, with overseas orders exceeding 150 GWh in 2024 [21][22]. - Despite challenges such as regulatory differences and geopolitical risks, the international market remains attractive due to shorter payment cycles and higher profit margins [22]. Group 7: Technological Advancements - The introduction of AI technology is accelerating innovation across the energy storage industry, enhancing safety and operational efficiency [30]. - New energy storage technologies, including sodium-ion and solid-state batteries, are being rapidly developed and deployed [28]. Group 8: Safety and Standards - The energy storage standard system is improving, but safety issues persist, with several incidents reported in 2024 [32][33]. - The industry is urged to enhance safety measures and establish a comprehensive safety management framework to mitigate risks [32].