Group 1 - The storage industry has seen an increase in prosperity since September, driven by favorable policies and a clearer revenue model, with upstream raw material supply tightening and leading battery companies operating at full capacity [1][2] - By the end of September 2025, the installed capacity of new-type energy storage is expected to exceed 100 million kilowatts, significantly contributing to renewable energy consumption and reliable power supply [1][2] - The "14th Five-Year Plan" has led to over 200 billion yuan in direct project investments in new-type energy storage, stimulating over 1 trillion yuan in investments across the industry chain [1] Group 2 - The National Development and Reform Commission and the National Energy Administration have issued a plan for the large-scale construction of new-type energy storage, aiming for an additional installed capacity of over 100 million kilowatts from 2025 to 2027, with direct project investments estimated at around 250 billion yuan [2] - The cost of storage systems has decreased by approximately 80% compared to three years ago, with some regions achieving a cost of less than 0.2 yuan per kilowatt-hour, and further reductions of about 40% are expected with larger capacity cell upgrades [2] - The storage industry is experiencing a surge in new product launches, with over 300 new products introduced in the first half of the year, and large capacity and power becoming key competitive indicators [3] Group 3 - The market for new-type energy storage is expected to shift towards a market-driven development model, focusing on the green value of storage and exploring diverse application scenarios in zero-carbon parks and green electricity resource development [4] - The construction of capacity mechanisms is anticipated to accelerate, providing stable value return channels for new-type energy storage and shifting industry competition from price to value [4]
储能行业重回高景气 头部企业进入满产状态
Zhong Guo Jing Ji Wang·2025-12-25 23:55