2 1 Shi Ji Jing Ji Bao Dao·2025-12-07 08:53Core Viewpoint - Guangdong Province aims to develop a new trillion-level industrial cluster in the energy sector, with the new energy storage industry positioned as a core pillar supporting the "manufacturing industry" strategy, emphasizing its strategic significance and system value [1][2]. Policy Framework - In 2023, Guangdong introduced a "1+N+N" policy system to promote the new energy storage industry, with the "Guiding Opinions" as the top-level design. The goals include achieving 600 billion yuan in revenue and 3 GW of installed capacity by 2025, and 1 trillion yuan in revenue and 4 GW by 2027 [2][3]. Industry Supply Side - The competitiveness of Guangdong's new energy storage industry chain has significantly improved, with a complete supply chain established. However, revenue targets face pressure due to market price declines, with the price of a two-hour storage system dropping from approximately 1.5 yuan/Wh in early 2023 to about 0.5 yuan/Wh by mid-2025, a decrease of two-thirds [3][4]. Application Growth - The installed capacity of new energy storage in Guangdong has seen rapid growth, with 751 projects totaling approximately 3.52 GW/5.53 GWh by the end of 2024, exceeding the 2025 target. However, the growth rate is slower compared to the national average, with Guangdong's ranking in total installed capacity dropping from 2nd to 10th [4][5]. Future Development Path - To maintain growth and support the trillion-level new energy industrial cluster, Guangdong must coordinate various factors, including power structure, grid system, and market mechanisms. The new energy storage's role is crucial for enhancing system regulation and supporting renewable energy consumption [5][6]. Market Demand and Challenges - The demand for new energy storage is driven by both hard constraints and market mechanisms. The estimated annual growth rate for new installations during the 14th Five-Year Plan period is projected to be between 11% and 18%, depending on market conditions [8][9]. Technological and Structural Issues - Guangdong's new energy storage industry faces challenges such as limited profitability, unclear cost recovery mechanisms, and underutilization of user-side potential. The local battery manufacturing and system integration capabilities lag behind national leaders, and there are significant gaps in core technology and quality management [13][15]. Strategic Recommendations - To enhance the new energy storage industry, it is recommended to: 1. Explore application scenarios and promote scientific layout [16]. 2. Optimize pricing mechanisms to broaden revenue paths [17]. 3. Accelerate technological research and industrial application [18]. 4. Strengthen resource support for industry growth [19]. 5. Actively expand into international markets to enhance brand influence [20].