20cm速递|创业板新能源ETF国泰（159387）盘中微跌，锂电下游动储需求两旺

Group 1 - The core viewpoint of the article highlights the strong demand for lithium battery downstream energy storage since 2025, leading to a mismatch in supply and demand, which is expected to drive price increases in the industry [1] - Lithium battery materials have been at low prices for an extended period, resulting in the clearance of substantial production capacity, and the current industry concentration is high, making effective capacity insufficient to meet explosive demand growth [1] - The price of lithium iron phosphate has increased by over 30% this year, with strong demand for high-end products; negative electrode materials are operating at full capacity, and the diaphragm industry is entering a second round of price increases [1] Group 2 - In terms of energy storage, domestic policy changes (Document 136) and capacity electricity pricing have altered revenue models, increasing project IRR to between 6% and 12%, significantly enhancing installation willingness [1] - In the overseas market, the U.S. is driven by IRA policy incentives and AIDC storage, while Europe is shifting from household storage to large-scale storage dominance, and emerging markets are propelled by energy transition goals [1] - The ChiNext New Energy ETF (159387) tracks the Innovation Energy Index (399266), which has a daily fluctuation of 20%, selecting technology innovation companies in clean energy, new energy vehicles, and energy storage sectors to reflect the overall performance of cutting-edge technology enterprises in the new energy field [1]