2026年储能重点关注五大变化

Investment Rating - The report maintains an optimistic outlook for the global energy storage industry in 2026, expecting a significant growth in installed capacity and battery shipments [49]. Core Insights - The energy storage industry is projected to see a new installed capacity of 388 GWh in 2026, representing a year-on-year growth of 45%. Battery shipments are expected to reach 825 GWh, with a year-on-year increase of 39% [49][51][52]. - The report identifies five key changes to monitor in the energy storage sector for 2026, which include the dynamics of electricity spot market price differences, the progress of capacity compensation mechanisms, developments in AIDC projects in the U.S., innovations in large storage mechanisms in Europe, and the reciprocal impact of upstream prices on storage demand [26][30][38][42][46]. Summary by Sections Section 1: Electricity Spot Market Price Differences - The report emphasizes the importance of monitoring the price differences in electricity spot markets across provinces, as these will reflect local renewable energy consumption and system adjustment needs. The market will dictate whether to prioritize energy storage or photovoltaic construction based on supply and demand dynamics [26][28][30]. Section 2: Capacity Compensation Mechanisms - Capacity compensation is expected to become a significant revenue source for independent energy storage stations, second only to spot market income. While national policies are still in development, some provinces have begun pilot programs, and broader implementation is anticipated in the next two years [30][33][37]. Section 3: AIDC Projects in the U.S. - The report highlights the potential for AIDC projects to drive unexpected growth in the U.S. energy storage market. The demand for storage is expected to increase significantly due to the new power supply architecture that incorporates storage as a standard feature [38][39]. Section 4: Innovations in European Storage Mechanisms - Europe is poised to become the largest incremental market for energy storage outside of China, driven by innovative policies and market mechanisms. Countries like Italy and the UK are implementing measures to support long-term contracts and investment incentives for energy storage [42][44]. Section 5: Upstream Prices and Storage Demand - The report discusses the interdependence between lithium carbonate prices and the economic viability of energy storage. It notes that while the industry has crossed an economic threshold, many independent storage projects still have fragile revenue models [46][47].