格隆汇APP·2026-01-14 07:04Core Insights - The AI industry is experiencing a historic development opportunity, with the energy storage sector transforming from a marginal support role to a core engine for the stable operation of the AI power era [2][3] - By 2026, the energy storage industry is expected to enter a historic opportunity period characterized by large-scale and high profitability, driven by policy marketization, technological breakthroughs, and global demand [3][4] Policy Restructuring - The profound changes in China's energy storage industry by 2025 stem from a systematic upgrade of the policy framework, marking a shift from "administrative intervention" to "market empowerment" [9] - The introduction of the "Document 136" in February 2025 ended the "mandatory storage" model, transitioning the industry to a "market profit-oriented" approach, which has significantly boosted project orders [9][10] - The National Development and Reform Commission and other departments have implemented measures to control irrational behaviors in the industry, indicating a fundamental shift in competitive logic [10][11] Market Demand and Growth - The energy storage market is expected to experience explosive demand growth in 2026, driven by multiple scenarios including renewable energy, grid upgrades, and AI data centers, with a market space exceeding trillions [12][13] - The global energy transition is accelerating, with over 130 countries setting "carbon neutrality" goals, and China's new power system construction entering a critical phase [13][14] - The demand for energy storage is increasing as it is the only effective means to address the intermittency and volatility of renewable energy [14][15] Industry Performance and Investment Opportunities - The energy storage industry is projected to see a significant increase in installed capacity, with the IEA predicting a growth of 380% by 2030, reaching 1200GW [17] - The domestic market is characterized by a diversified growth pattern, with significant contributions from renewable energy storage, user-side storage, grid-side storage, and overseas markets [20][21] - The performance of leading companies in the energy storage sector is strong, with significant revenue growth reported by major players like Sungrow and CATL [28][29] Investment Tools and Strategies - The energy storage battery ETF (159566) is highlighted as an effective investment tool for participating in the industry's growth and capturing market opportunities [30] - The ETF tracks the core segments of the energy storage industry, including lithium-ion batteries and system integration, with a high concentration of leading companies [30][31] - Historical performance shows that the ETF has outperformed other indices, with a 10-year annualized return of 12% and a significant increase in market size [33][34] Future Outlook - The energy storage sector is positioned as a strategic core for ensuring stable and sustainable power supply in the AI era, with ongoing technological advancements expected to expand its application boundaries [35][36] - The industry is entering a golden development period, with leading companies poised to benefit from high-quality orders and performance realization [36][37]