智通财经网·2025-11-12 22:26Core Insights - The report from Guotai Haitong indicates that the nationwide promotion of the capacity electricity price mechanism will enhance the economic viability of energy storage in more provinces, leading to significant growth in the sector [1][2] - The introduction of discharge compensation in Inner Mongolia is expected to greatly stimulate energy storage demand in 2026 [1][3] Summary by Sections Capacity Electricity Price Mechanism - The National Development and Reform Commission and the National Energy Administration have released guidelines to promote the consumption and regulation of renewable energy, aiming to meet an annual demand for the reasonable consumption of over 200 million kilowatts of new energy nationwide [2] - The guidelines emphasize the need to improve the capacity electricity price mechanism for coal power, pumped storage, and new energy storage, which is a first-time inclusion of new energy storage in a formal policy document [2] Inner Mongolia Energy Storage Compensation - The compensation standard for independent new energy storage stations discharging to the public grid in 2026 is set at 0.28 yuan/kWh, a decrease from 0.35 yuan/kWh in 2025, but still beneficial for the economic viability of energy storage [3] - The policy is seen as a continuation of the previous year's framework and is expected to significantly boost energy storage demand in 2026 [3] Market Trends and Statistics - In October 2025, the newly added bidding volume for domestic energy storage was 8.39 GW/27.08 GWh, representing year-on-year growth of 24% and 29%, with Inner Mongolia, Xinjiang, and Gansu contributing over half of the market demand [3] - The average bidding price for 4-hour energy storage systems increased by 11% to a range of 0.41-0.5 yuan/Wh, with a weighted average price of 0.44 yuan/Wh [3]