智通财经网·2026-02-03 00:32Core Insights - The global energy system is undergoing significant transformation, with energy storage becoming a crucial component in building a new power system driven by dual carbon goals and market reforms [1][2] - China Gas (00384) is positioning itself as a "green city operator" through an integrated "source-network-load-storage" strategy, actively participating in the sustainable evolution of energy storage business models [1][2] Group 1: Project Developments - China Gas has established a diverse project matrix in the energy storage sector, collaborating with various industries and regions [1][2] - A notable project includes a smart energy storage station developed with BASF and Shanshan, featuring 16 energy storage battery units and 8 power conversion systems, capable of storing 80 MWh of renewable energy, equivalent to the daily electricity consumption of 10,000 households [1] - The company has also implemented energy storage solutions in high-energy-consuming industries such as lithium batteries, non-ferrous metals, and precision manufacturing, demonstrating the broad application value of energy storage [2] Group 2: International Expansion - The Rosersberg energy storage station in Stockholm represents China Gas's first overseas project, providing frequency regulation services to the regional grid and showcasing its international competitiveness [2] - This project marks a significant step in exporting domestic "source-network-load-storage" collaborative experiences to global markets [2] Group 3: System Integration Benefits - The integrated "source-network-load-storage" model enhances the stability and economic efficiency of regional grids, improving the acceptance of intermittent power sources like distributed photovoltaics [3] - The model allows for balanced management of electricity loads, reducing costs associated with peak electricity prices and enhancing overall electricity cost control [3] - The deployment of digital technologies in these projects accelerates the development of smart grids, improving automation and intelligence levels [3] Group 4: Industry Perspective - Recent local policies, such as the "Sichuan Electric Power Market Settlement Rules V1.0," clarify the rules and value realization paths for energy storage participation in the electricity market [4] - China Gas has established several competitive advantages to address potential revenue fluctuations, including large-scale procurement and refined design to lower initial investment and operational costs [4] - The company’s comprehensive service and safety control system covering the entire project lifecycle ensures reliable long-term operation, allowing it to maintain economic advantages even in a changing market [4]