“发展新型储能”再次被提及

Core Viewpoint - The article emphasizes the importance of developing new energy storage technologies in China, highlighting their role in supporting the new power system dominated by renewable energy sources, as reiterated in the government work reports for three consecutive years [3]. Summary by Sections New Energy Storage Development - New energy storage, excluding pumped hydro storage, is crucial for enhancing the flexibility and safety of the power grid, especially as wind and solar energy generation scales up [3]. - By the end of 2025, the installed capacity of new energy storage in China is expected to reach 136 million kilowatts, a more than 40-fold increase compared to the end of the 13th Five-Year Plan [3]. Utilization and Capacity - In 2025, the equivalent utilization hours of new energy storage are projected to be 1,195 hours, an increase of nearly 300 hours from 2024 [4]. - New energy storage is expected to free up 42.1 billion kilowatt-hours of consumption space for renewable energy, with a peak capacity exceeding 30 million kilowatts in summer [4]. Market Challenges and Policy Changes - Despite rapid growth, new energy storage faces profitability challenges due to factors like slow electricity market development and limited auxiliary service varieties, leading to a significant drop in rental income for independent storage projects [5]. - The cancellation of "policy-based storage" has resulted in a reduction of 50% to 70% in rental income, with internal rates of return dropping to 2.2% to 3.5% [5]. Policy Support and Economic Viability - Recent policy changes have integrated independent storage into the capacity price mechanism, establishing a three-tier revenue structure that includes energy market, auxiliary service market, and capacity pricing [5][6]. - This policy shift is expected to enhance the economic viability of new energy storage projects by providing a dual revenue model of guaranteed capacity pricing and market-based income [6]. Industry Trends - The number of independent storage project filings has surged, with 79 projects approved in Guangdong by March 6, 2026, nearing half of the total for 2025 and significantly higher than previous years [6]. - The industry is anticipated to enter a phase of true market development during the 14th Five-Year Plan, characterized by steady growth, diverse technology pathways, and an upgraded role as a core resource for system regulation [6].