最高增400%！行家说发布用户侧储能年中报告

Core Viewpoint - The global user-side energy storage market is experiencing new development characteristics in the first half of 2025, driven by both policy and market adjustments, despite a short-term observation sentiment due to policy changes [1][3]. Market Status - The global commercial energy storage market has shown steady development in the first half of 2025, with a slowdown in new installed capacity growth due to unclear policy details [3][6]. - Leading companies have performed exceptionally well, with some achieving 400% year-on-year growth in signed contracts by completing one-third of their annual targets by May [6]. Overseas Market - The overseas market is developing differently, with the European commercial energy storage market showing significant growth, expected to reach 19.6 GWh of new installations by 2028, increasing its market share from 12% in 2024 to 25% [7]. Chinese Market - In China, from January to April 2025, the total grid-connected capacity reached 22.6 GWh, with user-side energy storage projects accounting for 0.696 GW/1.775 GWh, representing 7.8% of new energy storage connections [10]. - Manufacturing projects dominate the market, making up 85% of the demand, including both traditional high-energy-consuming industries and advanced manufacturing sectors like semiconductors [13]. Price Trends - Prices for commercial energy storage systems are on a downward trend, with the average price of a 215 kWh energy storage unit dropping from 0.8 yuan/Wh in January 2024 to 0.66 yuan/Wh, a decrease of approximately 18.75% [17]. Market Forecast for 2025 - The global commercial energy storage market is expected to add 15.26 GWh of new installations in 2025, with China contributing 10.56 GWh, pushing the market size beyond 10 billion yuan [20]. - The industry is entering a new phase characterized by diversified profit models, expansion into inland regions, and heightened safety and compliance requirements [20].