机构 ：全球共振 储能需求高增

Group 1 - As of the end of September, China's new energy storage installed capacity exceeded 100 million kilowatts, representing a growth of over 30 times compared to the end of the 13th Five-Year Plan, and accounting for over 40% of the global total installed capacity, making it the world's largest [1] - By region, North China has operational new energy storage capacity of 31.18 million kilowatts, accounting for 30.4% of the national total; Northwest China has 26.72 million kilowatts, accounting for 26.1%; and East China has 16.55 million kilowatts, accounting for 16.1% [1] - The global demand for energy storage is expected to grow significantly, with a projected year-on-year increase of 85.7% in global energy storage system shipments in the first half of 2025, driven by various factors including China's market price reform and capacity price subsidies [1] Group 2 - The energy storage industry is currently experiencing a robust supply and demand dynamic, with both domestic and international demand resonating, leading to a situation where "one core is hard to find," and top battery manufacturers are operating at full capacity [1] - Battery prices are expected to continue their upward trend due to demand support, supply tightness, and upstream price increases, indicating a sustained positive outlook for the energy storage sector [1] - The energy storage sector is in a critical development phase supported by policies and improving business models, with expectations of revenue growth driving installation increases and potential value reassessment for related companies in the industry [2]